http://eminitutor.com/ Daytrading Signals l Oct. 27, 2015. Emotion and the traders mind. Stop depleting your capital while searching for the Holy Grail that doesn’t exist with indicators, systems or methodologies. Start investing in yourself by learning how to trade successfully while training the mind at the same time. Change yourself mentally to see Daytrading Signals and function with a traders mind.
A traders mind is not comparable to the mindset required for any other business. Equating other successful businesses to a trading business requires a little comparative perspective. Many successful non trading businesses for example, were profitable from the owner’s hard work. It’s not unusual for many business owners to work 12 – 16 hour days regardless od daytrading signals.
Possibly they might have the ability to manage and organize work forces as a result of great people skills. Others might be driven by an aggressive alpha personality pushing them to success. Being the best at something or producing the best results/products and outshining the competition could also be a factor. Getting whatever task done to produce profit was in their control. If someone or something in their circle was slacking or equipment was malfunctioning they would find a fix, someone or something could easily be replaced or repaired. Problems that might arise always had a solution because the owners were in control.
Now imagine if the business owner lost that control. Now all of a sudden, they were dealing with the market and things weren’t going as planned. Maybe the business owner turned trader becomes upset and starts feeling disappointment or aggression, but can’t fire anyone, replace something, or give the responsibility to someone else to deal with. Without warning, management skills, hard work, or being the best at something with the best product in the best location becomes meaningless.
Daytrading Signals https://youtu.be/2NdRTnZk6Gw