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apply the methodology. So when a loss comes along, they are unable to point an accusing finger at their methodology because they failed to use it consistently. So they do the only logical thingpoint their finger at the market. The result is that they expect the market to validate their research by giving them profits. It is any wonder that novice traders get so fearful, angry, doubtful, hesitant, and frustrated with the market? Is it any wonder that they burn out so quickly? |
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Successful traders obtain consistent profits. Losing traders obtain consistent pain. In order to become the trader you desire, you must change the internal representations of what a loss means. You must diligently apply yourself to mastering your perceptions, believing with certainty that you will transform yourself into an outstanding trader, have the discipline to develop and obey your trading methodology, have the courage to execute your methodology without hesitation, have the wisdom to differentiate between "into wishing" and intuition, have the persistence never to quit, have the integrity to stand apart from other traders, and have the mental flexibility to be open-minded. If you do, I promise you that at some point in time you will represent a loss in such a way that you will become a highly profitable trader. |
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