Continue reading...Getting Blindsided by Implicit Emotional Brain Beliefs
Trading success seems so simple in principle, then the reality of trading blindsides traders. Without having a clue about what they are getting themselves into, traders walk into an emotional minefield for which they are completely unprepared and end up paying the price of emotionally undisciplined trading. The thinking, logical left brain simply gets blown out of the water consistently by primitive emotional responses to the stress of trading. Yet few acknowledge the power that emotion and trading psychology have on achieving their potential in trading. It is almost like there is a conspiracy in the deep state of trading to keep this knowledge out of sight and out of mind.
With all their training, traders are taught to think naively and to believe they are ready to manage the uncertainty and risk of trading – and they do so until they actually experience uncertainty and risk which triggers their survival instincts. Yet...
Last edited by a moderator: