|
|
| Discuss Fundamental Flaw of Every Trader at the Words of Wisdom within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Fundamental Flaw of Every Trader As humans we have a natural tendency to try and ... |
|
|||||||
| Notices |
| Words of Wisdom Found a golden rule to profitable investing or an important lesson in trading or technical analysis? Tell your tale. Articulate your thoughts. Quote a book or a guru. Share your enlightment with us. |
 |
|
|
Thread Tools |
| Sponsored Links |
|
#1
5th May 2005, 09:38 AM
|
|||
|
|||
Fundamental Flaw of Every Trader
Fundamental Flaw of Every Trader
As humans we have a natural tendency to try and influence our surroundings and events we take part in. This is one reason we, as a species, have succeeded but it is also one of the fundamental flaws we all have when trying to achieve success as a traders. As traders we have to realize we have no control over the market and if we accept that then we have to accept that we can not influence the direction of the market. The problem of course is we have a tendency to try and succeed and when inevitable losses come, it is easy to let those losses effect us emotionally. Becoming euphoric when you hit a winning streak is almost as detrimental as becoming depressed when you have a string of losses. We as traders have to try and achieve the state of impartiality. We have to accept that we will have losses as readily as we will have wins. Reaching the stage where you can comfortably accept loss in the knowledge that your method of trading will produce profits in the longer term is the state we have to aspire to. 
|
|
| Bookmarks |
| Thread Tools | |
|
|
Similar Threads for: Fundamental Flaw of Every Trader
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| What is Fundamental Analysis | Mohan | Fundamental Analysis | 41 | 31st August 2008 11:32 AM |
| 38 steps to becoming a trader | CreditViolet | Words of Wisdom | 86 | 7th June 2008 05:21 PM |
| Poem on Fundamental Analysis | sh50 | Fundamental Analysis | 2 | 8th February 2005 01:32 PM |
| Technical Vs Fundamental Analysis | Pradeep Unni | Technical Analysis | 1 | 31st January 2005 08:14 AM |
Indemnity, Disclaimer & Disclosure
Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum
Rules Disclaimer & Disclosure and indemnify Traderji.com, its
associates and related parties of all claims howsoever resulting from
the usage of the forum.
• Disclaimer: Trading or investing in stocks & commodities
is a high risk activity. Any action you choose to take in the markets
is totally your own responsibility. Traderji.com will not be liable for
any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
• Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein.
The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
Re: Fundamental Flaw of Every Trader
