“As we said yesterday …”.
Fray Luis de León -(1528-1591)
After a long period of inactivity on the blog, where personal and professional occupations have kept me away from publishing articles and after reflection on the contents and the future of it, I want to come back with a fresh and direct approach.
The underlying idea is to turn the blog into a space of dialogue with those who are drawn to the world of finance and want to understand it better or try to get some profit, contributing their comments, suggestions, articles … to help the dissemination and exchange of ideas, knowledge and experience in the Spanish financial blogosphere, creating a community with similar interests and concerns.
Going back to the origins …
who at one time or another in their lives have come to markets in an effort to recoup their money and gone beyond the products offered by financial institutions, most of them have been documented and reported of the possibilities offeredthe markets and have been trying different methods, systems, procedures …
some more, some less has undergone a process of sophistication often erratic, tryingoutsmart the market or support their strategies irrefutable belief that markets have been ordered to knock down and deny, with results that often can be frustrating.
It is not easy for the novice operatorunderstand that the only truth is dictated by the markets , which is agame of probabilities and risk management that can only control your actions and you can only take it as a business if you observe an iron discipline, a major effort and daily work will involve many hardships and setbacks.
That said, most beginning to trade the markets, aim to make money, not enough themselves known, nor know what they pursue … the result of all they are the overwhelming statistics that speak of a 95% failure among those who start .
Thus, a first step before defining strategies would ask:
Who am I and what to look for?
for it can be helpful to answer with complete honesty:
- How do I react to adversity?
- How can I stand the risk?
- How do I emotions influence decisions?
- What am I willing to give?
- Am I willing to recognize and learn from my mistakes?
- What effort dedicate?
- What really I am looking for?
- What attracts me more than money?
- What goals I will mark me?
- Do I feel more comfortable taking my own decisions?
- I will devote time and effort to acquire skills and knowledge?
- I seek someone I East?
- …
The result of trading in meracados may be winning money or not, but will never be among our objectives, which should be much more practical, schedulable, measurable and we can control.
These issues may seem trivial to start training in trading, when it tends to devote more effort to learn methods, systems and techniques are vital for survival in the long term and should reflect on them.
Surely readers will have their own view of whether or not it wise to reflect and be clear about these issues and encourage them to initiate debate in the comments.
Related Posts: