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wmck6167

Everybody Wants to Win, but You May Need to Transform Yourself First.

By wmck6167, in Trading Psychology

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wmck6167    10

wmck6167
Posted

I really found the mental activity in trading behavior is correlated to your personality a lot. Yes, everyone want to make money from market and everyone want to win! Everyone want to manage risks well when facing uncertainty. But the mental activity related to your personality during trading are so complicated, (maybe obedience is so simple), from my opinion. Do you need to transform your personality first in order to thrive in this trading world? What kind of personality are beneficial to trading? Can trader help market to increase value? Or to keep right balance between risks and profit? Knowing maybe one thing, but capable to execute it maybe another. How to transform yourself to be a better trader or a personal obtained wisdom from market maybe be an important thing besides making money.

How about trader's life quality? Can you have a good quality life when you are trading.....

 

Cheers, have a great trade and with wonderful life.have

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Mysticforex    13

Mysticforex
Posted

The hardest part is gaining confidence in your analysis. You must believe in yourself.

Then the mindset. Being a Trader is not what you do, it's what you are.

Your first goal should be to become a trader. Not to make money.

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wmck6167    10

wmck6167
Posted
The hardest part is gaining confidence in your analysis. You must believe in yourself.

Then the mindset. Being a Trader is not what you do, it's what you are.

Your first goal should be to become a trader. Not to make money.

 

"First goal to become a trader" is a great question. I am also curious the goal of trader... The impact of become a trader on your life...Why not just need investor, but also need traders? Cheers.

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Guest OILFXPRO   

Guest OILFXPRO
Posted
The hardest part is gaining confidence in your analysis. You must believe in yourself.

Then the mindset. Being a Trader is not what you do, it's what you are.

Your first goal should be to become a trader. Not to make money.

 

so u instill a belief to be right , right about every thing to be succesful , one of thse detriments of successful trading.

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Mysticforex    13

Mysticforex
Posted
so u instill a belief to be right , right about every thing to be succesful , one of thse detriments of successful trading.

 

No, What I said is to believe in yourself. That does not mean one is always right.

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wmck6167    10

wmck6167
Posted
No, What I said is to believe in yourself. That does not mean one is always right.

 

Everyone has good opinion, just based on what angles.

If the system is interactive, can we always sense what we are going right or wrong? Are we the person to determine the situation to .....

Just provide my thought.

 

Cheers,

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wmck6167    10

wmck6167
Posted
"First goal to become a trader" is a great question. I am also curious the goal of trader... The impact of become a trader on your life...Why not just need investor, but also need traders? Cheers.

 

Well, I think, traders are more dynamic than investors, and traders did be capable to increase the market value from my observation. :)

Cheers.

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