mrwizard9000

The 5 REAL Reasons why Traders Fail

Education
mrwizard9000 Updated   
OANDA:EURUSD   Euro / U.S. Dollar
MRWIZARD
Comment:
The 5 REAL Reasons Traders fail:

1) Fear of Change aka Fear of Success aka Homeostasis aka
Self Sabotage.

2)Ego Attraction to perceived sophistication
aka (over complication, aversion to simplicity)

3) The Emotional then Mental Effects of the
Loss Aversion Bias

4) The Emotional and Mental effects of
Being Wrong + Loosing Money

5) Looking for a system that beats the markets instead
of looking for a system to beat themselves. We project our
internal conflicts to the markets avoiding the real level
of the problem in a subconcious coup d'etat
to perserve homeostasis in a subconcious level, while in
the conscious completely unaware.

Matteo Messina Denaro
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