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Amateurs Traders Ignore The Trader's Psychology. Winning Professionals Embrace It It is quite amazing how big is the difference between what professional and winning traders think about the psychology state that they must have before facing the market, and what losing amateurs think. Professional and notable traders know how important the mental awareness is important when trading; whilst, neophytes completely ignore it. They believe that they only need a good setup and they are good to go.That couldn't be more far from the truth. The best setup of the world would mean nothing in the wrong hands. On the other side, the worst setup in the world might still profit, even if just a bit, in the right hands. The big differentiator here is the trader's psychology. That is what separate men from rats. Don't take this lightly since this can potentially change your trading career. If you have been trading for a while and have still gone nowhere, I might suggest you to stop reading books about setups and different kind of entry signals and focus on trader's psychology.This might be the one factor that you are still missing that is preventing you from becoming an efficacious...more
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