This may surprise you, since the very fact that you are unaware of it shows that you too are probably amongst the 95%.
Most traders and most investors “know” that trading is a game of psychology and is either won or lost depending on your attitude. A little knowledge is a dangerous thing. It lulls you into a false sense of security and causes many a wrong decision.
Having the intellectual understanding is one thing, yet applying this understanding in a way that it is natural in your trading and investing methodology is quite something else.
One of the reasons why traders and investors fail to integrate the knowledge is that they simply lack the understanding of how their brain works, putting up roadblocks which could be avoided with awareness and training.
Training is of course something traders and investors alike don’t like too much. They believe as long as they have a strategy that has been shown to work that is enough.
Every sports coach will tell you that working on their mental game is the secret edge of all top performers.
I was working with a client the other day who has traded for a long time. I asked him what motivated him to trade and after a little probing from me he came up with the response that he didn’t care about trading, because what he liked was the lifestyle it gave him.
He continued to say that he wouldn’t mind doing anything as long as it yielded the high financial rewards he had been enjoying from trading.
Frankly I was amazed by the response although not entirely surprised. My client and I had been working together for some time. Recently he had not put the effort into his trading with the same enthusiasm he used to feel.
Things change and we must change with them.
As the world is going through a collective ascension process where everyone is being forced to look at what they are doing through the lens of new awareness, no matter where they reside on the evolutionary scale, this poses many a challenge as many traders are facing up to the fact that their consciousness is changing how they feel about many things in life, trading and investing included.
The brain does not like change. It operates from known parameters alone. Known parameters only exist in the past. When one is facing massive changes as the world is facing today, the mere thought of looking into an unknown future is daunting.
People revert to old habits and look to the past for answers for the future.
Trading and investing decisions are made based on outcome predominantly often leading to big losses.
Learning to recognize when one’s perception is changing is a big thing. Few have the skills, or the self knowledge to handle the mental aspect of trading in an emotionally mature and detached manner.
Success derives from being in alignment with what you do, my question for you is this: Do you really know what it feels like to be fully aligned? Most people don’t.
