Self is the toughest obstacle to overcome in trading

Trading is about you. Your attitude towards the market and it is more valuable than any hyped system available these days. A system can be a compliment but can never be enough to trade the market successfully.

Take a deeper look and contemplate. We are not trading against the market but with ourselves. This would lead to a question of attitude towards the market. A million dollar question! The inner us. We have to expect this process is hard and painful some times. Trading is all about discipline, patience and heart. We live our lives based on beliefs. Our trading represents ourselves and our values and it takes a lot of inner work to change failure into success, and a lot of discipline to maintain success.
One must conquer himself to conquer the world, a trader must not want to conquer the world, no reason here.
Whoever said it, has gone through great experience and achieved the ultimate reward.

Self is the toughest obstacle to overcome in trading. And it’s the one area that is most avoided. How many sites regarding trading psychology are on the internet compared to the other analysis and trade calls sites? Now take that into consideration as you think about the golden rule of trading…. “ The vast majority of Traders lose.”

The proper psychological mindset will not over come bad trading, but the best setup, pattern etc… cannot be traded successfully without some self-control or discipline.

Which is why so many want to automate a system. But this brings up the underlying problem. Responsibility for ones actions. The Herd wants to do what everyone else is doing and when the herd loses, you hear about Brokers running stops, Bad trades from the call services…

Winning in this business is for the most part a lonely place.

Just a loser thoughts.
Between, last couple of weeks seen a nice up period here…

GOD Bless!