The Trader's Mind I - The Trading Contradiction

One of the real contradiction traders face is that the forces that attract people to trading are exactly what make them lose in trading.

For most traders, trading is attractive because they can:

Make a lot of money
Get rich quickly
Have the best commute
Make a good living trading only 2 hrs every day.
Live anywhere
No bosses or employees needed
Be unaffected by economy, political shifts, natural disasters, etc.
No hard assets, office space, etc needed.Do you want to have an income in the top 10% working for yourself two hours from your home while you can browse the computer? Well, who wouldn't?

Lets step back a moment and see how someone outside the trading world may evaluate these criteria:

Make a lot of money - greedy
Get rich quickly - impatient
You have the best commute - lazy
Make a good living trading only 2 hrs every day. - super lazy
Live anywhere - mercurial
No bosses or employees needed - poor social skills
Be unaffected by economy, political shifts, natural disasters, etc. - fearful
No hard assets, office space, etc needed. - unattached.As you can see, the worst developed personalities are naturally attracted to trading and its no wonder that 80% of traders lose everything they ever put into trading. To be successful, you need to fight the very qualities that brought you to trading in the first place. This is the contradiction that traders face on the very first day that they begin to trade.

This is how each of the above qualities impacts your trading:

Greedy - Makes you stay in a winning trade too long until it becomes a loser.
Impatient - Forces trades, enter too early on poor signals
Lazy - does not work on improving one's understanding of the market and trading system.
Mercurial - Emotional trading, revenge trading, chasing price with every turn.
Poor social skills - Inability to learn from the experiences of other traders
Fearful - Cant take trades, exit trades too early, unable to hold through a pullback
Unattached - Jump from trading system to trading system whenever current system gives a bad dayI know of no single trader who started without at least half of these afflictions.

Once you acknowledge that just choosing to be a trader automatically sets you up for failure, you have the opportunity to amend the very qualities that brought you to trading and modify yourself to be the very opposite and thus be successful. 交易者面臨的真正矛盾之一是，吸引人們進行交易的力量恰恰是導致他們在交易中失敗的原因。對於大多數交易者來說，交易很有吸引力，因為他們可以：

賺很多錢
迅速致富
擁有最好的通勤體驗。
每天只交易2小時，過上好生活。
隨時隨地生活
不需要老闆或員工。
不受經濟、政治變化、自然災害等影響。
不需要硬資產、辦公空間等。

你想在離家兩個小時的地方自己工作，同時可以瀏覽電腦，擁有排名前10%的收入嗎？嗯，誰不想呢？

讓我們退後一步，看看一個不在交易世界的人如何評估這些標準：

賺很多錢 - 貪婪
追求快速致富 - 不耐煩
你有最好的通勤方式 - 懶散。
每天只交易2小時，也能過上好生活。- 超級懶惰
隨時隨地 - 善變
不需要老闆或員工 - 社交技能差
不受經濟、政治變化、自然災害等影響 - 恐懼
不需要硬資產、辦公空間等 - 無附屬。

正如你所看到的，最糟糕的發展不良個性自然會被吸引到交易，難怪80%的交易者失去了他們投入交易的一切。要成功，你需要對抗最初吸引你來交易的那些特質。這是交易者在開始交易的第一天就面臨的矛盾。

這就是上述每個品質如何影響您的交易：

貪婪 - 讓你在贏利的交易中停留太久，直到它變成虧損。
不耐煩 - 強制交易，過早進入不良信號
懶惰 - 不努力提高對市場和交易系統的理解。
情緒不穩 - 情緒交易，報復性交易，追逐每一個價格波動。
社交技能差 - 無法從其他交易者的經驗中學習
害怕 - 無法進行交易，過早退出交易，無法在回撤中持有。
不固定 - 噹噹前交易系統出現不好的一天時，跳到另一個交易系統。

我不知道有哪個交易者沒有至少一半的這些困擾。一旦你承認僅僅選擇成為一名交易員就自動使你失敗，你就有機會改變帶你來到交易的那些特質，改變自己成為完全相反的人，從而獲得成功。