| When examining futures stock market trading curbs, | | | | to the extent that you want to achieve consistent |
| it`s a well-known saying that `traders should have a | | | | results. You don`t have to know anything about |
| healthy fear of the market`. It seems like a perfectly | | | | yourself or the markets to make a winning trade, |
| reasonable assumption to make. The market is | | | | just as you don`t have to know the proper way to |
| volatile, and each trade you make is to some extent | | | | swing a tennis racket or golf club in order to hit a |
| unpredictable. But, it`s one thing to learn to accept | | | | good shot occasionally. The first time you played |
| the risk of the market, and another entirely to be | | | | golf, for instance, you might have hit several good |
| afraid of it. | | | | shots throughout your round, even though you |
| Ninety-five percent of the futures stock market | | | | hadn`t learned any particular technique. But your |
| trading curbs errors you are likely to make, those | | | | score was still probably well over 100 for 18 holes. |
| errors which will cause you to consistently lose | | | | Obviously, to improve your overall score, you needed |
| money, will be due to your attitudes your fear about | | | | to learn technique. The same is true for developing |
| being wrong. Fears of losing money, of missing out | | | | good stock market trading curbs in your trading. |
| on profitable trades, or of leaving money on the | | | | Traders need technique to achieve consistent results. |
| table will cloud your thinking when you are trading. | | | | If a trader isn`t aware of, or doesn`t understand, |
| Your fears can cause you to act in such a way that | | | | how their beliefs and attitudes affect their perception |
| what you are afraid will happen. If you`re afraid of | | | | of market information, it seems as if it is the |
| being wrong, your fear will influence your perceptions | | | | market`s behaviour that is causing the lack of |
| of market information in a way that will cause you to | | | | consistency. As a result of this perception, it stands |
| do something that ends up making you wrong. | | | | to reason that the best way to avoid losses and |
| When you are afraid of something happening, all | | | | achieve consistent profits is to learn more about the |
| other possible outcomes cease to exist. You can`t | | | | markets. |
| perceive the other possibilities, or act on them | | | | This bit of logic is a trap that almost all traders fall |
| properly if you do recognize them, because your fear | | | | into at some point. Unfortunately, this approach |
| paralyses you. Physically, fear causes people to | | | | doesn`t work. The market simply offers too many |
| freeze or to run. Mentally, it causes them to narrow | | | | variables to consider, and these variable often |
| their attention to the object of their fear. This means | | | | conflict. Furthermore, there are no limits to the |
| that thoughts about other positive stock market | | | | market`s behavior. It can do anything at any time. In |
| trading curbs outcomes, as well as other information | | | | fact, since every person who trades is a market |
| from the market, are barred from your mind. You | | | | variable, it can be said that any single trader can |
| can`t think about all the rational things you`ve learned | | | | cause virtually anything to happen. |
| about the market until the event is over and you are | | | | That means no matter how much you learn about |
| no longer afraid. Then you will think to yourself, `I | | | | the market`s behavior, and no matter how brilliant an |
| knew that. Why didn`t I think of it then?` or, `Why | | | | analyst you become, you will never learn enough to |
| couldn`t I act on it then?` | | | | anticipate every possible way the market can move. |
| It`s difficult to understand that the source of these | | | | If you are afraid of being wrong or losing money, |
| problems is usually our own attitudes. Many of the | | | | you will never learn enough to compensate for the |
| thinking patterns that adversely affect our stock | | | | negative effects these fears will have on your ability |
| market trading curbs are a natural result of the ways | | | | to be objective and to act without hesitation. You |
| in which we were brought up to see the world. | | | | can`t be confident in the face of constant |
| These thought patterns are so deeply ingrained that | | | | uncertainty by acquiring information. The hard, cold |
| it rarely occurs to traders that the source of their | | | | reality of stock market trading curbs is that every |
| trading difficulties is internal, and derived from their | | | | trade has an uncertain outcome. Unless you learn to |
| state of mind. It can seem more natural to see the | | | | completely accept the possibility of an uncertain |
| source of a problem as external, in the market. This | | | | outcome, you will try, either consciously or |
| happens because it feels like the market is causing | | | | unconsciously, to avoid any possibility you consider |
| pain, frustration, and dissatisfaction. Most traders do | | | | painful. In the process, you`ll subject yourself to any |
| not want to be concerned with such abstract | | | | number of costly self-generated errors. |
| considerations as considering how their thoughts | | | | You can get over the bad futures stock market |
| influence their trades, but understanding how beliefs, | | | | trading curbs by accepting the risk, and moving |
| attitudes, and perception effect your futures stock | | | | beyond your fears, you can greatly increase your |
| market trading curbs are as fundamental as learning | | | | ability to be a consistently profitable trader. This |
| how to serve is in tennis. | | | | requires self-knowledge and discipline, but the |
| You could say that understanding and controlling your | | | | rewards that can be attained on the market more |
| perceptions of market information is important only | | | | than make the effort worthwhile. |