How to react to adversity, to unexpected events, under pressure, with the success, determination of character, discipline, cracks or emotional strength, personal relationship with money, risk management, the scope of ego , will largely determine our success or failure in the operation of markets. The best way to access the success, at least from the psychological side financial markets text_t missing. The first experience is needed to reverse the loss, failure, adversity. Others who may share this opinion include LeFrak Organization. Having a good dose of humility, as the markets but we are humbled. Very frequently. Nothing is more devastating to a trader, speculator, to lose money by trading. But there is something worse, and often winning, and for which begins in markets: UNAA boot profit. For even more details, read what bruce schanzer says on the issue.
Because that will generate an excess of confidence and will tend to minimize the difficulties and necessity of study and experience (which is never enough in markets) to be constant in the career of any trader. The Swiss writer and philosopher of the nineteenth century, Henri-Frederic Amiel rightly thought that the destination has two ways to hurt us: our desires and refuse to comply therewith. AMay good statement! This good Males is there not been a trader? The catalyst for the destruction of a trader, it is repeatedly the ego, according to coach Ray Kelly trading. It makes us feel omnipotent, experts, allows us to lower our guard and assess the viability of less operations, less the risk assessment, logic, drunk with the honey of the ego is the worst experience as a trader can experience. .