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Trading can reveal your own self
Posted by TraderNoviceDotCom • 5/21/09 • Subscribe to this Discussion [RSS] • Report This Topic
Topics: Psychology
The most interesting part of Trading is not Money, it is Human Psychology. You can observe the madness of the Crowd either completely blinded by the Raging Bull Market and who will insult anybody that would alert them of a coming crash, or on the contrary their depressive state of mind when they think about losing their retirement.
You can look at your own mental state when you win or lose when in a trade, and learn how to fight your own fear and greed. Trading is about self-control and from that point of view it is a school of life where you will learn 10 times faster than at any other schools.
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