Trading with confidence makes you prosperous


If a human being does not know where he sails
no wind will be fair.

Lutsij Anney Seneca (Junior)


Every beginner in trading has run into a situation when after the stop-loss the price went to it and reached it. If we take in it, the trader feared the price would run up to S/L a state similar to the expectation of defeat. It is the case that defiance and glimmer of hope to win are ruling. Such risks result in a loss. If there is another state of conscious and mind that leads to a win and profits.

Yes, people noticed long ago that it is a strong-minded person confident in a victory who wins. It is an inspired person in a particular state with a particular spiirit, He fills the others with his enthusiasm and confidence. He resonates with the stream in which he moves. He is sure to succeed. Confidently, he opens positions as if playing and all these positions end with a profit. He never looks behind him. Simply he does not let doubt or diffidence take control over him. It’s pretty hard to put all these things in words - too sophisticated physiological mechanisms play in the process. Only a highly sensitive person can feel this way, a person with a sense of leadership and self-control. Every trader needs it and must cultivate it. It is proved that a human brain is a generator able to generate everything - from complex medicines for curing illnesses to incredible external events not occasional at all.

A minor example. One young talented scientist had a laboratory in the research institute. He managed a well-organized group of associates. Together they were developing one unusual but very promising direction. They made some discoveries, patented some technologies, had new forward-looking aims. Unfortunately, as it often happens one person appeared in this working group who was absolutely unfamiliar with this direction but favored by the research institute management. Having familiarized with the group’s works he just said “It’s impossible!” From that moment all developments and inventions were gradually forgotten. In a year there were only few people from that group left, nobody remembered their achievements, and the talented scientist changed his activity. The generator of development stopped.

The same thing is in trading - as long as you make up your mind to win the deposit will grow. And as you have a minor doubt - be sure you have no deposit. So while making a technical analysis and a profound market analysis you should analyze your trading spirit as well. Some followers of such “harmonious” tactics stand up even for such disputed (for classicists) logos as “rate without stop-loss”. Surprisingly, they do not lose. Only “super generators of success” can use such a risk-taking tactics. The others who have any doubts can fail.

This state of harmony with the market, success and absolute predictability of the price rate deals with the work of the right hemisphere responsible for intuition. The work of the whole brain defines “foresight” and huge success in trading. So we really do not need S/L. What should an ordinary trader for whom words about hemispheres are strange and idle chattering. Distract your attention from the ordinary losing trading style. Shift your guiding line. Focus on your inner condition. Take control of it. Change yourself and the whole world will change - as ancient people said.

You can forecast and control the success of your trading game in advance. If you fell today you are ill-disposed today, if you have a shadow of doubt in a success of the position you open - do not trade today. If you are not absolutely sure in a victory do not practice loss-making decisions.