Traders Laboratory - View Single Post - My turn in the chair - Ego,Validation and bad behaviour
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Old 06-06-2007, 08:07 PM
thetradingdoctor thetradingdoctor is offline
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Re: My turn in the chair - Ego,Validation and bad behaviour

Apologies for not posting more, but I have been dealing with a family situation.

I welcome all comments, the good, the bad and the ugly, as they make me a better trader and a better person.

There appears to be a lot of anger in some people here, and I can only say that my heart goes out to you for your suffering. I wonder how that anger works in your trading? Does it motivate you? Does it inhibit you? What do you do with your anger when you are not flinging it at someone else? Perhaps you turn it inward to habits which are somewhat self-destructive? I don't know the answer to this. I do know, that in the early stages of learning to trade I was very angry. I did nothing but lose money for three years. All of my education and training outside of the markets did not help me because I was trying to apply the rules of success in life to success in the markets. It was only when I was able to take a really good look at myself, realize that I was not perfect and that I had to make my own rules that I started to make money. It was the most brutal and challenging thing I have ever done in my life.

For those of you who think that the inner game of trading is just mumbo jumble, I say good for you! If you are able to trade without mastering the way that you manage your emotions, you are better than 99% of the people out there trading today. I can only share with you what I have learned and you willl either listen to me or reject me and call me names. There is nothing I can do about that, as I have no control over what you say, do or think.

I do know this. Trading is a brutal game. Those who are struggling with it tend to be the most angry and frustrated. As you progress through the stages of trading competence, you do reach a point where you change internally. You become in humility and gratitutude for what you receive from the markets. You become elevated mentally, emotionally and spiritually. This has been my path and I would like to think that it is the path of everyone, but I am not so sure about that.

So, if you hurl invectives at me, I will return them with love and kindess. I have nothing to prove to anyone. I have already proven to myself and, in the end, that is all that matters.

Thanks to each of you for your great posts!

Doctor Janice

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