Will The Market Be Generous Or Not | Sept. 22, 2015
http://eminitutor.com/ Will The Market Be Generous Or Not | Sept. 22, 2015. Learn Professional Day Trading entries and exits to gain consistency. Futures Strategies and Setups using EMini Tutor’s “One On One” Approach –
Once the brain realizes the account is slowly depleting the flight impulse becomes another option. Flight includes the subconscious self-sabotage of ones own account for the simple purpose of eliminating the constant over abundance of adrenalin in the system. Elevated heart rates and the resulting constant state of anxiety causing nervous tension are now on the radar. The brains self defense mechanism subconsciously devises a solution.
Inadvertently the subconscious mind is deliberately blowing your account by switching into protection mode whereby relieving all that stress on the system. No more account? No more stress!!! No more problem!!! The quicker this all happens, the better…. Self sabotage at it’s finest.
You see, your subconscious mind knows when you aren’t ready and whatever gains you have made were pure luck. It knows that you still haven’t acquired and developed the skills to be a truly proficient trader, to deal with the realities of trading.
It’s one thing to know what to do. It is an entirely different matter to know how to do it well. And at the time, you didn’t even really understand what you need to get good at, besides of course execution and sticking to your trading system.
Reduce Emotions While Trading:
- Are you finding excuses not to trade? Too groggy in the morning, need to mow the lawn before the sun comes up, need to do this, that, everything but trade!?
- Do you now simply sit with your cup of coffee in your hand every morning and watch your trading platform because your confidence has turned to doubt?
- Have you experienced trading losses that have affected your self-confidence? Is it so bad that you’re now having trouble “pulling the trigger”?
- Do not put yourself into a position where one trade can make or break your account. The less each trade means to your account, the less emotion you will have.
People do not like to be wrong. After we take losses, we are angry, and want to get back at the market. We’ll enter trades just to get our money back, without forethought or consideration. A trade made irrationally from the beginning is doomed to fail. This is commonly referred to as “revenge trading”.
