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Your Etf Trading Course On How Losers Think Part 2

August 23, 2010 by Ryan · Leave a Comment
Filed under: Wealth Building 

Let’s continue our discussion of how losers think in our etf trading series.

Going long in the market is something his mind has a fondness for . He figures that if prices come down, then that’s a good time to buy . The budding trader is a price level trader rather than a price movement trader . He doesn’t think about value movements, but in terms of value . He makes purchases on days there is a decline.

Everyday logic just won’t work in the market. Losers believe in the correctness of their natural reactions. The opposite is true . Natural reactions to new is wrong most of the time . Negative news output in society mentally attracts a loser . He knee-jerks in times of ebullient excitement . With the news he’ll slip into the market rather than getting in against the news. He can’t keep from becoming fascinated with bullish and bearish events that are publicized . Dull markets just don’t attract his mind. On up days, he busy, buying only on emotion. He busy on the first reaction because of the herb instinct in a topping formation, simply because it’s "cheaper" - just due to his mind saying that the price is cheap.

Struggling and misery are enjoyed and his mind gets so caught up with this, that his mind gets entrapped and chained in inertia of its own. The loser hasn’t found out how they should think by using a etf trading course.

There is no thinking in the mind of a loser. It doesn’t think, although it’s supposed to. Emotion entraps it . It’s processes are over­whelmed by fear, greed, insecurity, unawareness . According to sociologists . Of the remaining 15%, 13% think they think and the remaining 2% think . Can you believe it? 2% of the total world population actually think ! This has nothing to do with being either bright or stupid. People that are stupid can even think but they usually do not! An interesting thing to note that 2% of people who think is about the same percentage of successful commodity traders . The 2% who think , know their market, price movements, reactions to factors, and more, and are well-disciplined, almost bored, without fear/ and know the game in the spirit of fair, good and bad bets . The 13% who think they think , involve themselves with all the technical wiggle-waggles of chart formations . They become "pros" - especially after having recent and short lived successes and feel that they have found the holy grail and are capable of finally reaping revenge, and garnishing continuous success . Insecurity and fear is in the back of his mind, - all the non-productive behavioral patterns engrained since youth . He knows that they are still there . And then there is a leap of the market that grabs him, and shakes him, once again to his very roots .

Without thinking , Mr. 13% goes back to join those that don’t even think . He thinks that everything around him is conspired against him . Instead of thinking about the experience, he feels it . Fear, fear of the future, uncertainties, worries, insecurities , eliminate all rational and he exposes himself without thinking , - to risks, getting back in the market, and biting the bullet , since he thinks that a stance that is aggressive , (Mr. Macho) that a profit will be returned by struggling, and he can start over with the profit .

( He is one that detests going home with bad news for the wife. During this event emotions grip him , just as occurred in the market place.)

It’s so sad. But there won’t be a change of the ration of thinkers to those that don’t think.

In future discussions in our etf trading series we will talk about how the winner thinks .



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