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Successful Trader

How to be to trader successful 18 September 2009 Hay an old joke that says the way to knead a small fortune in markets, it is to begin with a great one. Many great traders of history has been fused and created fortunes more in one go. Fused not to learn to control the emotions. But they were great, because they knew – in its roll of traders- to discover them, to recognize them and essentially to annul them. A reality exists that many do not know, when they throw the fault to him to the market, because does not follow a logical tendency according to the data or perspective waited for by the investors. Those survive that adapt to the tendency, not those that they try that the tendency adapts them. It is that who decides on our gains or losses we are not *mercado* but, that is to say ours approach to the same. Whichever times we listened to similar stock-exchange rigidities a: the market is mistaken , this action must not have lowered but raised , the market is doing the other way around than it would have to do.

It is like risking us a to cross a low barrier and to wait for the train that coils to us if we do not have the mental capacity sufficient not to enter panic and to cross the routes without paralyzing us when giving us account of the error. And to face the due action: the mistake must give place to its immediate repair (to close the loss positions) counting on the mental aptitude necessary to support to the failure and the loss, something that many psychologically are not arranged to allow itself. The difference between good and an evil for trader that first it will take that action like routinist, more, a benefit and at the same time a loss, but will be limited within that universe of 30- 40% of failures to which all operating one in markets forces to trader enabled in handling of secondary tools (fundamentals, technicals, astrological, or what the imagination gives) and the second will not see more than the frustration in that precise operation, as the prolongation of its personal failure that will drown in the ocean within an eddy of low esteem and loss of personal control.