Thursday, October 8

Worst enemy of trader?

The Bitter truth abut trading enemy is:  You are your own worst enemy in trading, as its you who make the one making decisions and your emotions are usually getting in the way and you are your own worst enemy.
If you’re a trading junkie, you’re going to be reading a lot of books, taking a lot of courses and seminars and you’re going to learn a lot of the technical side of things, and when I say ‘technical’, I’m talking about technical analysis, but not just technical analysis, I’m talking about other technical aspects of learning something.  In the end, you’re going to constantly end up shooting yourself in the foot because you are your own worst enemy and you haven’t learned to master your own trading psychology, yet.
In layman language trading psychology means

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