Are you a perfectionist ?
If yes , Trading is not for you.
Perfectionism is one of the cardinal sins of trading and can be fatal.A Perfectionist cant accept the probabilistic nature of market and he will be always searching for the "Holy Grail" of trading which does not exist.
He will flirt from system to system,Indicator to indicator in search of perfection.Eventually this will demoralize the trader and will take away the fun of being in the market.
If yes , Trading is not for you.
Perfectionism is one of the cardinal sins of trading and can be fatal.A Perfectionist cant accept the probabilistic nature of market and he will be always searching for the "Holy Grail" of trading which does not exist.
He will flirt from system to system,Indicator to indicator in search of perfection.Eventually this will demoralize the trader and will take away the fun of being in the market.
As traders we must strive for the
excellence in trading and not for perfection.
A series of imperfect reactions produce a perfect set up. Good article for traders :)
ReplyDeleteRegards
Vinod