Traders Laboratory - View Single Post - Be Specific: Precisely What Are You Doing Wrong?
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Old 11-14-2006, 04:48 PM
Anna-Maria Anna-Maria is offline
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Re: Be Specific: Precisely What Are You Doing Wrong?

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Getting rid of many of society's beliefs is the first step toward seeing ourselves and our potential in the markets. It's not the markets, it's us.
You sure got that right!

We're our own worst enemies when it comes to issues regarding success & failure.

When first entering the trading arena, most folks are scared stiff of losing, yet losing trades, if properly managed, are nothing more than business costs.

Every business attracts costs, it's a natural course of activity. Eventually, if the trader persists & gradually expands his/her skill base, not only do the 'specifics' begin to engender confidence, but the actual experiences & awareness transfer (if they're fortunate) into "an edge"

Locating your "edge" is the ultimate goal....reaching that goal requires "specific action"....both negative & positive. Trouble is, most folks are too busy worrying about not succeeding than focusing on the positives of losing.

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