Trading Questions
Trader Questions is a covenient place where you can ask questions to help you make profits trading commodity futures, stocks and options…
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Some commodity futures or stock market trdaing ideas are futures, stocks and commodity markets cannot be forecasted because chart patterns are random. Other old ideas are that you cannot make a success at trading unless you know the fundamentals of the market you wish to trade. And there is the heavy reliance many have for common indicators, such as the moving average, bands, oscillators and the like. Sure, they have their place in market analysis, I certainly find some of them very useful, but they fall short of the ideal. They are not all one needs to know, and yet many believe they are. That old idea has to go.
If you hold fast to these old trader ideas, you may be holding yourself back from reaching your full potential as a trader. False concepts and beliefs are negative ones; negative ideas and beliefs can deaden your insights and blind your way.
The world around us is bigger than we can ever imagine, with its many secrets waiting to be tapped by the individual not afraid to break the mode of adhering to old ideas and take some radical steps. W.D. Gann was recorded to be such an individual, and reading his material is only part of the psyche that made up this man’s drive for perfection. He stepped outside the bounds of acceptable trading approaches and was greatly rewarded.
Many traders having a hard time gaining confidence in their own trading, and thus not achieving their personal goals in this business, often find themselves relying on others to tell them what to do.
It is one thing to be taught by someone and another to allow someone to lead you by your nose every trading minute of your life. It is one thing to read books and newsletters providing useful content and then make the final decision your own, than to simply enter and exit trades on the words of another without ever giving any thought as to what you just did.
If you are one who has very little confidence making your own trading decisions, then it is likely you are not working to break out of the mold that has so many trapped with indecision. It is time to break free and expand your horizons.
Do something different, something that may even be against your grain. Weight trainers know that at times you are going to reach a plateau and not get any bigger or stronger. The solution to this problem has always been to change your workout routine and shock your body into reacting differently. This has proven quite effective in bodybuilding. Many trying to lose weight have found they will lose for a while and then stop at some weight. The solution has been to change your diet or eating times to shock your system into getting past the plateau. Trading is no different as a result of trading being heavily psychological.