“I don’t know why this keeps happening to me. Each morning I start my day with a plan. I know what to look for, I know what to do, and I am confident that I can manage trades effectively. And I have a positive state of mind.
But somewhere along the line, I seem to get sucked down a vortex and I start doing things that I know I shouldn’t be doing.
I often see this as I am making the mistake – but I do it anyway. Or sometimes I don’t even see the loss of rational thinking until it’s all over.
That vortex feels like a black hole that is inescapable and there’s nothing I can do about it.
It’s crazy – I should be able to handle this. I mean, I know how to trade. I don’t understand it. But it keeps getting the best of me.”
Can you identify with this trader’s recollection of a trading day gone bad?
This is a story I hear countless times from countless traders.
They don’t understand why this meltdown keeps happening, considering how much effort they put into building a strong knowledge base in their trading.
With each blow up, they dissect the problem and learn more so that next time it will be different.
Then it happens again. And again.
It’s like they keep getting ambushed by an invisible enemy that appears, on the surface, to come out of nowhere.
Perhaps though, they are blind to the circumstance behind their pattern of self-sabotage. And by looking outside of the self for answers, they remain ignorant of their participation in their own trading failures.
They truly are like a bull in a china shop.
They keep trying to bull their way through the delicate nature of the relationship between brain, emotion, adaptation, and mind.
The problem is the very mind that traders bring to the trading arena – and particularly their lack of understanding of body, brain, emotion, and mind.
They are inseparable; and for as long as the trader deceives him- or her-self into believing that the mind exists separately from the brain and emotion (i.e. that your thoughts and beliefs are not rooted into biology and emotion), then they remain a bull in the china shop of trading performance…