fate

How to control the situation on the market?

The need to control – an important psychological aspect of profitable trading. Traders are trying to control the market, but in the end, realize that they must accept their fate and do not establish control over the market, but over the emotions. When your money is at stake, it is difficult to remain calm, rational, and fully control myself. You want to win, so you have a strong desire that the price was in line with your projections, but in the end of the deal almost never be sure. Human nature to desire to fully control their own destiny, but it is impossible. Instead, the trader must accept the fact that the market will go wherever he goes, and try to control their impulses and emotions, instead of playing against the impulse market with feelings of anger and frustration.

Humility – the key to success

Five years ago I wrote a book titled “A successful trader. The mental state necessary for success in the market. ” When we were talking about dedication, I decided to dedicate the book “Traders who do not want fame.” During my work I had come across many traders, who were unsuccessful because of an inferiority complex. They feel worthless losers, inferior human beings and were not sure of their life purposes. For them, trading is a way to prove to myself that they were anything but standing in life. They feel that the more money are, the more they are significant as an individual. But it is actually not. Traders who are looking for wealth and fame as a rule will fail. The winners are humble traders. In today’s competitive world, many captures the idea of victory in a zero-sum game: it may be only one winner, if you do not it, you loser. The winner receives a prey, is not it?

The fear reasons

Every day to me to have to move the Gold Bridge in San Francisco to reach my office. It would Seem, what unusual in overcoming the bridge? But San Frantsisko often happen earthquakes. The author knows many townsmen who are afraid to cross the bridge. Some people so are afraid of bridges that try to pass never in a life on them, thereby, limiting the vital and working possibilities. I never was afraid to pass through the bridge, but repeatedly heard conversations of people on the bridge which were in a condition close to the panic. They imagined to themselves the worst scenarios which only can occur, and could not expel these pictures of horrors from the head. In 1989 during earthquake the section of the bridge the Dignity-frantsisko-okland has fallen. Some persons was lost. Probably, you saw reportings on it on TV. If it is fair, I try to forget this case, especially, when I pass on the bridge. But, if the person recollects this event again and again, he has the extremely unpleasant feeling during bridge crossing. The thought and imagination possess the big force and if your consciousness is aimed at terrible thoughts, but to supervise emotions …

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