Feel like it's one of my bigest problems
Have you looked into mindset, emotions in trading at all? Covered any education around it?
Bad habits of beginner traders.
- Thread starter Jeff Martinez
- Start date
Have you looked into mindset, emotions in trading at all? Covered any education around it?
KristenLove
Highly Suspicious Person
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Feel like it's one of my bigest problems
You just need to deeply realize that it doesn't help you! If you fail, it only gives you opportunity to grow so it;s good. Hope you'll find your way to overcome the problem!
Let your trading be profitable and fun!
Best!
ExpertAsianTrader
Private
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I think the first mistake or maybe misunderstanding is most beginner thought it is easy to make huge money in trading.
kingsman
Sergeant
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I will add one more thing in this point. There are more and more companies emerging who claim to generate lots of profit and manage your funds. They market forex in such a way that it looks very easy to make thousands of dollars every day while it is not possible at all for a experienced trader as well.
ExpertAsianTrader
Private
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Yup, I agree your point. That's how HYIP works back to about 20 years ago and it still works today. Human born nature to be greed, that's why it still works I believe.
Yes there is steady inflow of young and inexperienced persons who want to get rich quickly and all you need to get them in is to offer 100% monthly interest. They don't need proofs they simply want to buy a dream, they don't want to believe in harsh reality where profits from investment are low and long to earn.
OksanaChyzh
Banned Spammer
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Not yet. But I surely will! Do you have any suggestions where to start? or maybe you have read some materials on the topic?
There is soooooo much available out there! and for Free.
Working on mindset was a key step forward for me personally.
Mark Douglas is a good place to start I think, he has two books The Disciplined Trader and Trading in the Zone. There is also is a four part video series on Youtube which is worth a watch too, the first part is here
Yea, i believe so. My go to for mindset, as a starting point especially.
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