who makes the trading decision
you or your mind?
obviously your mind.
you are nobody
your mind is the real you
and what is your mind?
is it the hardware which is mind
or the software in it?
obviously it is the software
if hardware were the mind
all minds in the world would have been the same
and you would be making money in the markets as much as
the most succesful trader having the same hardware!
so,
it is the software that is the mind
and it is this software which is trading
not you!
if you are losing more than you are winning
then the culprit is the software!
who programmed this software?
was it programmed in C++ or Java or VB?
how much time would it have taken to develop this software?
well, no programmer programmed your mind's software!
this software was programmed
through a lifetime of
conscious and subconscious learnings and experiences!
whatever you think
is not you but the the software in your mind that is thinking
on the basis of its likes and dislikes
preferences and biases
fears and greeds
lessons and prejudices
programmed into it till date!
--
everyday
during trading hours
this software is pitched in a direct fight
with the logical signals of technical indicators!
do you have any idea who wins this fight
day after day
everyday?
it's your mind's software!
T.Harv Eker has also strongly endorsed this in his classic
"secrets of a milionaire mind".
the poor logical technical indicator is always vetoed
unless he is saying what is same as the programmed mind is saying!
is it surprising any more that you have been losing despite knowing indicators?
--
and for heavens sake
now don't start flogging mercilessly your mind!
it's not his fault!
start reprogramming it with
"millionaire" thoughts and habits and behaviour patterns!
till date you have not been a milliOnaire
and hence your programmed thoughts are not those of a millionaire
rather, you have been hating the millionaire coterie hearts-of-hearts all these years
and hence your programmed minds are anti-millionaire
whereas your conscious mind wants to be one!
--
tell your mind that
money is not a sin!
profit is not a dirty word, loss is!
tell him gently that
it is not a crime to be wealthy!
risk is not bad but a must!
all sweet things are not profitable
and all bitter things are not bad!
tell him to be less fearful and more bold
tell him that the company of the losers is not a good thing
tell him that it is ok to be oppotunist
tell him that it is ok to profit at other's expense
tell him that it is not a sacrifice to lose in the market
.....tell him a hundred more things
ask him to dare to unlearn old things not fit in the ruthless trading world
persuade him to learn new lessons....
because what he learns
will react in your bank balance!
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