Contents:
There is a progression here from bad to worst.
However, if the beginning trader can break through this cycle somewhere around undisciplined fear 3 and paralysis of analysis 4 , the chances of his success improves exponentially. Simply put, a trader enters the stock market with little if any knowledge about what to expect.
Not only that, but his expectation of untold riches distorts his perception of reality. Once in the market he seeks the holy grail that will make him rich.
The fear leads to paralysis of analysis or the thinking that the more indicators and patterns and candlesticks etc. Unless our trader gets very lucky unlikely , he will cast caution to the wind and gamble his money away.
This is where the professionals make most of their money. If our trader can step back and focus on trading as a simple disciplined PROCESS, then he has a great chance at making a career out of trading.
It might just be what you have been looking for! Eligible for free Super Saving shipping! One firm we work with is exceptional at this. I have since introduced this idea to a number of clients in a variety of professions, and the result is remarkably consistent - when you identify the core activity that will lead to a successful outcome and then work consistently "inside the circle" on that activity, a successful outcome is sure to follow. It resists requests for proposals that come from prospective clients that do not fit its ideal profile. While having a very focused target list, the top firms also put together a tailored promotional approach. Formulating tailored approaches that engage and provide value for the client from day one.
It is my contention that the most successful traders are the ones who have the discipline to keep trading simple by focusing on the process and not on the money. Trust your rules, trust your edge, trust that you will do the right thing-no matter what!
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Push your ego aside and focus on one market and one edge. Take the credit for both. Either way you deserve it.
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