Trading Psychology: Are You Taking Trading Too Seriously?
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Here’s a great video about trading psychology, even though it’s not directly about the stock market, futures or Forex, and doesn’t reveal any day trading tips. But it does contain a secret most traders are violating every day.
Trading is a great business. I love it, I’m passionate about it, and it is so much fun that I’d do it even if there were no money involved.
But it’s not just me. We traders are a passionate bunch.
We spend a LOT of time reading, studying, trying different indicators, tweaking indicators, testing various strategies and looking at chart after chart after chart.
And then you add the money factor – and well, we can get to be a bit obsessive (just ask any trader’s spouse!).
Work ethic is good, and it does take a certain amount of experience in the markets to become successful. The problem arises when you take things TOO seriously. That causes a block of your mental and emotional energy. And in extreme cases, it can have negative consequences in the rest of your life.
This video isn’t about trading. It’s about life. And therefore, it is about trading.
Enjoy, and leave a comment below with your reaction to the video.
This entry was posted on Saturday, June 13th, 2009 at 5:11 pm and is filed under Current Market Analysis, Day Trading, Forex, Futures, Money Management, Psychology, Stocks, Video. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.




















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