At first trading seems extremely simple, and compared to many other occupations, it is.
But then you jump in and it doesn’t take long until you realize that it isn’t that simple.
In fact most clients that come to me are rather astute individuals, yet they are feeling quite humbled because they’ve not been able to master this seemingly simple business of trading.
For many, they feel like they may never realize what thought that trading would provide.
And two aspects of trading that seem so incredibly difficult to get a handle on are the ‘confidence and consistency’ parts.
This is largely because keeping a lid on your emotions can be really tough once you felt the bruisings that the markets can dole out.
The good news is that the profiting, the confidence AND the consistency really can be simple.
Best of all, this is an approach that leaves OUT all the B.S. and other rubbish.
Doubtful? Skeptical?
Probably, but consider this.
When you’re good at something, you know you’re good, and you know what makes you good, you don’t have performance or confidence issues.
You just do your thing.
The key is to acquire the right skills and understanding to be a good trader.
NOT just an ‘education’.
Book smarts are of limited value when you need to DO something well.
NOT just a person with a system.
A good trader possesses the know-how and the understanding to truly have a solid handle on what they are doing.
The flip-side is that when you try to DO something and when you are NOT properly prepared for it,
- it WILL be difficult,
- it WILL be frustrating,
- it WILL be stressful and fraught with emotions
- you will NOT likely see any consistent performance.
Success is about gaining the RIGHT knowledge, the RIGHT understandings, the RIGHT skills.
Get good at the RIGHT things and the confidence and results come easily, naturally.
THIS is the easy way to forego all the psychological issues.
True in any endeavor, especially in trading.
Hope this helps.
Cheers
Brian
P.S. Too many traders make trading MUCH more difficult that necessary. It really can be very simple and straightforward.