If you want to be a good trader, you must make sure not to deny the reality in all phases of your transaction. You can not deny losses, price direction, mistakes you make, or a lot of things you prefer not to think about. Many traders think the best way to deal with unpleasant ideas, events or personal defects is to close your eyes and pretend they do not exist. Let's face it, trading can be difficult, at times very difficult and it is essential that you focus on the réalité.Votre mind must be clear so you can watch the market and see what is really there
I learned how to handle denial was to simply write and deal with all possible ideas I had trouble accepting. I have repaired a few and take the rest.
You must understand that for most of you, the only things you can change is you. Other things, just accept it. You must accept the reality of slipping, for example. You must understand that indicators often give false signals and there is no magic moving average.
You must understand that some winners are just the Trade Trade lucky and they had nothing to do with your skills as a trader. Rather than waste time in denial, concentrate your mental energies on yourself to improve your negotiating skills. Realize that to benefit from the experience of the markets we must live in the market.
1. Market conditions have changed and you do not.
2. You do not do what you did when you were a winner. You derivative. There, you should make a list of things you find inconsistent. "Maybe I was a good trader at one time, but market conditions have changed and I may not be able to keep my reputation up." This is an issue that all traders face a certain point: to maintain their reputation. When you make a profit, it is tempting to tell your neighbors and friends how much you won. It's great when you make big profits, but keeping up appearances often fall for the merchant even the most astute. So do not deny the truth. deny its existence, will use the time and energy. The first aspect of the
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problem is due to insufficient observation. The market has changed and you have not changed with it. this failure stems from a variety of important issues. The second aspect of the problem is the inconsistency.
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