* Adapted from the original DST Trading Psychology manual by Todd Brown and The Trading Authority. *
Hello Traders! In our trading psychology series so far we have addressed the issues of internal control and also trading state management. As experienced traders know, an inevitable and necessary aspect of trading is dealing with losses. Obviously, our internal control and trading state are affected by losses and how we perceive them.
Failure is a good teacher only to those who possess the positive attitude that will allow them to learn the valuable lessons from their mistakes.
Despite advances in trading systems, access to more information, more powerful and faster computers, and more indicators in charting and analysis packages, the percentage of traders who are losing money is the same as it was 15 years ago–a shocking 90%!
Why is this? The answer lies in the fact that we human beings still respond to fear and greed the same way! Despite this fact, YOU can decide to do what others have decided not to do.
Discipline yourself in both the creation and the execution of a solid trading plan! We already know with a very high degree of certainty what happens to those who don’t!
As the saying goes, if you continue to do what you have always done you will get what you have always gotten!
So then the real question becomes simply ‘ARE YOU HAPPY with your current trading‘?
If you answered anything other than a resounding YES, then STOP TRADING IMMEDIATELY, AND GET SOME help, advice and direction from someone that has helped others do it!
The 4x Authority offers help to those who need it in the form of “The Forex Model” software.
This impeccable, proven Forex trading software comes with TWO months of live support and a membership website complete with loads of support and tools. Traders receive a 120+ page manual, video instruction, live technical support, and instruction in trading psychology, backtesting, forward testing, and money management.
This is a COMPLETE package for an unbeatable price, designed to get you started trading the Forex, PROFITABLY! We have many traders in the live support room trading everyday and they are very happy with the software and the support.
FYI: the software has been actively traded for over 4 years ! This is the mark of software that is here to stay and is not some optimized “special of the month” kind of Forex software that is all too common out there.
Visit our website http://www.4xauthority.com, check out the latest “overall” performance tables and change your trading results today by purchasing the software.
To your success!
Alexander Lamm
4xAuthority.com
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