T2W Trading Community

Most “superstar” traders do not trade with mechanical systems; they trade with the most powerful force known to man: Vision.

Their experience has led them to an understanding, or “unlocking” of the Mystery of Market Behavior. They act proactively and intuitively. They use the most powerful computer with a unique operating system: Their brain and solid paradigms.

As a business consultant, it was often my responsibility to instill corporate paradigm shifts through Change Proficiency Maturity profiles and other means. A paradigm is like your “Mental operating system” much like Windows XP is to your Pentium 4.

A paradigm can be defined as:

• One that serves as a pattern or model
• A set of assumptions, concepts, values, and practices that constitutes a way of viewing reality, especially in an intellectual discipline

As with most of my business clients, most traders lack the ability to truly focus on learning the conventional wisdom and fundamentals of trading with:

1. Education
2. Patience
3. Discipline
4. Money Management

When first starting to trade the markets, we all need a way to create structure out of an inherently unstructured environment. Most will turn to one or more of the 1000’s of technical indicators to help make a decision. While these indicators are very powerful, it is my opinion that most traders will find a much better return on their time if they set up some basic guidelines while learning to trade intuitively.

This article will describe ways you can instill a “paradigm shift” in your trading business.

1. Education

Traders are a very stubborn bunch. Full of pride, their arrogance continues to feed the families of educated, patient and disciplined traders. Can you think of any other business or industry that prepares its participants for failure as does ours? Well, just as businesses grow and evolve, your trading business will most likely experience a very similar, predictable pattern, based on your education, tools and training. 

Many traders attempt to trade without a foundational education, or even worse yet they prove to the world over and over that what they thought they knew they are unable to exercise. That my friend is called ignorance. The zero-minus-sum nature of the markets attests to the fact that we need new “dumb money” losers virtually every day!

The cost of solid factual based education and powerful analytical tools are truly negligible and literally pennies on the dollar when compared to the daily losses of the uneducated, unequipped dumb money traders. Over the years I have watched numerous traders "pay the markets" for an "education" in which they derived absolutely ZERO benefit. Enroll in studies and courses that best fit your objectives and use forums like T2W, and the many fine traders who share their knowledge here to your benefit. Run, do not walk away from those who offer “instant success”. You know better by now.