Think about why you really want to trade

Think about why you really want to trade. If you want to trade for the excitement, you might be better off riding a roller coaster or taking up hang gliding. In my own case, I found that the underlying motive for trading was serenity or peace of mind-hardly the emotional state typical of trading. Another personal motive for trading was that I loved puzzle solving-and the markets provided the ultimate puzzle. However, while I enjoyed the cerebral aspects of market analysis, I didn’t particularly like the visceral characteristics of trading itself. The contrast between my motives and the activity resulted in very obvious conflicts. You need to examine your own motives very carefully for any such conflicts. The market is a stem master. You need to do almost everything right to win. If parts of you are pulling in opposite directions, the game is lost before you start.  Jack Schwager


Igor Marinkovic

Electronic engineer, futures trader and property investor and total beginner in making good web sites