There are 4 overarching themes inward the Trading Psychology 2.0 book that concern human relationship for success inward fiscal markets:
* Adapting to changing markets;
* Building on strengths
* Cultivating creativity
* Developing best practices too processes
These ABCD themes are interwoven: nosotros accommodate to changing markets past times becoming to a greater extent than creative too generating novel too amend merchandise ideas. We ready on our strengths too channel those into best practices. By continually learning from our trading successes too setbacks, nosotros refine our best practices, ready on our strengths, too accommodate to marketplace conditions.
Many traders neglect because they are playing the incorrect game. They pursue trading past times next others, non past times exercising their strengths. They insist that trading is their involvement too passion, simply at that topographic point is footling unloosen energy inward their mental attitude too no creative spark. We sense excitement too involvement when nosotros play to our strengths: the exercise of strengths is intrinsically rewarding. When traders veer from their strengths too endeavor to brand coin inward ways that don't tally their personality or cognitive styles, trading becomes inherently frustrating.
What is our life's purpose? We don't e'er know what we're meant to survive doing during our fourth dimension on this earth, simply our passions--the deep, intrinsic fulfillments that come upward from exercising strengths--point the means to our purposes. In previous writing, I shared that I pursued sum fourth dimension trading a footling over a decade ago. I made progress, I made money--and I was wholly unfulfilled. Indeed, I constitute myself chatting alongside traders to a greater extent than than trading, too I missed quite a few trades that way! Why? Because my greatest passion--and my greatest strengths--lie inward working alongside people. I became a psychologist for a reason. Doing good inward markets is rewarding, but--for me--couldn't supersede the deep vantage of becoming a valuable resources inward around other person's development.
I've met longer fourth dimension frame traders who came to shops where conduct chances was managed quite tightly. The conduct chances management constraints nudged them to shorter belongings periods too turned them from investors to traders. But their strengths were analytical too thematic, non based inward rapid blueprint recognition too decision-making. Slowly, they stopped enjoying their work; they stopped working every bit hard; too they lost the unloosen energy too drive that had experienced inward their before trading. They were playing the incorrect game.
If you're non finding fulfillment inward your trading, reckon the possibility that you lot are trying to fit into trading rather than brand trading an exercise of your deepest interests, talents, too skills. Consider, too, the possibility that your greatest fulfillment too exercise of strengths may prevarication exterior fiscal markets. If you lot are honest alongside yourself too follow your truthful passions--your deepest gratification--you're close probable to uncovering your purpose. You're meant to survive the mortal you lot are when you're genuinely at your best.
Further Reading: Our Struggles Develop Our Strengths
Note: Throughout my writing of this post, Mia has been on my desk, at my side, nuzzling too licking my left hand. It is hard to type when a truthful cat is rubbing against your hand, simply the ideas stream much to a greater extent than quickly. It's soundless around other means that our passions fuel our creativity--and our happiness.
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