Market is cleverer than a trader. The market is more intelligent than trader and it is not at all about to worry.
The main goal of the trader is to make a consistent profit from the market nothing else. For that the trader need not be a smarter than a market.
Many of the traders try to prove that they are smarter than market and get disappointed when trade does not work accordingly & creates a loss in a trade.
Let us see some of the points which tells us that why market is more clever than a trader.
The Market is not Emotional as Trader.
The market is one type of technology created for the purpose of trading, the market is the connection of the websites and run with the help of internet.
The computers are the market which only examines the data and accordingly responses to the situation.
The computers do not have any emotions and feelings such as fear, thinking ability etc. They just present the data without judging what is going to happen next.
But the trader needs to think about the market moves to gain a consistent profit from the markets.
This can only be decided by studying the price action and the possibility of the profits from the different setups in the market.
Need to keep Emotions Aside.
Humans are full of emotions but when it comes to trading, the traders need to keep their emotions aside and should take practical decisions.
The trading system cannot be blame for the losses because it is simply doing its job of showing the results or data accordingly.
It’s really unreasonable that human are born with emotions and can’t avoid them even if they wishes too. So for changing this kind of nature you need to really work hard.
You should understand that changes can be brought only if you continue to try for a long time without losing your hopes.
It is difficult but not at all impossible because impossible itself says that I M POSSIBLE.
Don’t Be Egoistic.
First let us see what is ego all about. Ego is one type of your inner attitude which describes a person’s personality. Humans are always judged based on their egos.
Every human being has ego in a different ways. The ego is born and grows with a person life-long but one should be careful to control their ego.
How your ego affects the trades.
When you sit for trading, the thoughts which runs in your mind regarding trading such as identifying the best setups, the risk reward ratio , gives you guidance i.e. we can say that your inner voice is nothing but your ego.
In simple words when you loss trade you will become upset but when if you will think practically you will realize that trading is a business in which we can get loss sometimes.
Ego will let you to think in a particular way so it’s your duty to let your ego grow in a right way which should not affect your trade.
A successful trader is one who over comes the ego and will never get panic by the egoistic behavior and will not be dependent on only one trade results.
How to deal with the trade.
To become a better trader you need to focus on the two things mainly. Treat trade as game . We all were kids once in a life , our childhood has taught us that losing and winning are both part of the game, but only keeping a goal of winning instead of that we should enjoy the game.
You should not try to become smarter than a market but you should focus on getting a consistent profit from the market.
So you should try to overcome all the challenges without taking anything personally. It is a one type of technology created to earn extra money. In the trade if you get emotionally disturb the market is not going to care about you.
Market is not worrying about the losers or winners and also does not come to repay your loss if you get upset.
We just want a piece of markets investment from the market so it’s better that we accept the truth that the market is cleverer than the traders.
So it’s better to allow the market to make its first move, then you should make your move because it will help you to understand the future conditions of the markets.
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