31‏/07‏/2009

Making the most out of your Forex time

I was watching a show over the weekend about muscle women, and the follow up show about people who tattoo, pierce and modify their bodies to the extreme. I realized that we as Forex traders could easily be wrapped up in the same psychological blanket as these folks are.I’ll admit I have a tattoo, but I am far from muscle bound. I enjoy the occasional workout here and there but nothing formal or too rigorous. The real point that was made in the show was how these people had done these things to compensate for something else.
One lady had anorexia when she was younger, and initially got into the gym to burn more calories, liked how she felt after a workout and took it to the other extreme. The deeper issue wasn’t explored much you could argue that she is covering one obsession with another. Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} Traders build their expectations of success and very few of them succeed. The obsession with charts and indicators and systems can lead to dysfunctional trading that must be cured before one can really develop as a trader.

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