Sunday, December 21, 2008

Psychology of Trading

Why are we not performing up to expectation for this special account? I am a bit shy to acknowledge our shortcoming and vulnerability as a human, a trader. One of the major problem we are facing is the FEAR factor, especially when it involve losing money other than our own. Losing money in trading is quite common, we are immune to it but yet we feel very uncomfortable losing money for this special account.

Traditionally, trading condition is more difficult in December due to the holiday mood and book closure. I don't believe in giving excuses, we need to tune ourselves mentally to the new challenges ahead, put in more effort and focus in our trading.

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