Mental strength in trading

One of the most important psychological aspects that every trader should strive to master is the strength or mental resistance to adversity.

Has recently fallen into my hands an article by Dr. Gary Dayton , which addresses this issue and compares the key moments experienced by athletes in decisive encounters for their careers and how they are biased in favor of those who hold the greater mental strength. How many times after having suffered an operating loss in winning and we thought that the market is determined to prove otherwise we have felt demoralized and have diverted our attention to undermine or mistakes in autocompadecernos?

Numerous market traders blaming shelve operational as if they had “arrested” or self – absorbed in stress lived commit major errors.

Those who reflect some just reaching the following question:

How many good opportunities have escaped soon after with the same operating if they had followed their method parked?

With the example of athletes we can revive the critical moment that lived Rafa Nadal in the final of Wimbledon 2008 against Roger Federer in the tie-break of the 4th set with two match points and championship in their favor, and that took advantage .

In the 5th and final set, the mental strength of Rafa Nadal, who pulled the discomfort caused by the missed opportunity and knew delve into his mind in search of their strengths to focus its efforts on further implementation of the court, they would give him victory .

The lesson to be drawn traders this episode is the importance of leaving quickly the emotions and discomfort that produce losses and errors and quickly focus on what really do well, following their operational studied thoroughly and performing operations consistently without affecting the emotions.

Mental toughness, vitally important aspect should be explicitly on the agenda of every trader to be trained with maximum perseverance, we should not forget that emotions are linked to the very essence of being human.

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