Trading is a Journey in Self-Discovery


25 ratings



Dr. M. Woodruff Johnson

02 Nov, 2012

in Psychology

So, trading is a journey in self-discovery, and you must begin to pull back the layers of your unconscious onion, one at a time to begin to realize and recognize what is motivating you to behavior that is producing results that you don’t want.  There are essentially two kinds of data with respect to trading.  Many traders miss this fact and therefore miss a very important set of variables that impact heavily upon their trading.  One type of data is mechanical data, which are everything that have to do with the markets; that being, news, technical analysis, instruments, indicators, etc..  This data is external to you.  The next type of data is internal data, which are everything that have to do with your thoughts, emotions and behavior; in other words the T+E+B=R equation which impacts upon every outcome that you get.  You must manage this equation in order to manage your results.

Trading is a 100% mental and emotional game.  Either you are preparing, analyzing, processing or executing while trading; all of which require mental and emotional tools.  If you don’t have mental and emotional tools that’s like driving without a steering wheel; and you will not only lose your way but you will crash and burn without it.  And, you can’t steer if you are driving blindfolded.  You must become aware of what is between you and keeping commitments with consistent follow-through. In Mastering the Mental Game we teach you tools and techniques to put the steering into your trading while helping you to remove the blindfolds as well in order for your journey to be a joyful and self-fulfilling one.  Remember, you can’t change what you can’t face, and you can’t face what you don’t know.

May all your trades be green.

Dr Woody Johnson can be contacted at The Online Trading Academy

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This is a very good article for all traders .

To trade succesfully a trader needs to be in a transcendent state in which there is neither suffering, desire, nor sense of self.There are plenty of youtube viseos for meditation.

Traders make mistakes and plenty of them.

There is a thread explaining mind traps and rewiring the human brain , in the psychology section.

May 03, 2017

Member (3621 posts)

I was looking for intelligent comments , which of these comments should I believe?

Apr 22, 2017

Member (3621 posts)

Re: Trading is a Journey in Self-Discovery

Markets work independent of what we think about it and it's been doing that for years & years.
It's us who have to keep on re-adjusting to the actions we take against the market, and this re-adjustment times & again is something which brings our inner values on the table in front of us.
If we love ourselves, we pick up the right values and let go of the bad ones, else we just ignorantly keep going and lose all we can.
Trading is a platform for self-discovery, I've experienced that, I hope someday you all do.


Nov 15, 2012

Member (14 posts)