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Trading Psychology -vs- Trading Method
The Trading Method Viewpoint
Trading psychology has become so widely discussed and promoted through books and consultants that it has become a very convenient rationalization and excuse for losing. Why take the responsibility for a lack of work ethic and trading without any concept of plan, an honest assessment which would be a ‘hitÂ' on the traderÂ's self-esteem – when you can just blame it on trading psychology instead?
Trading psychology is ‘somethingÂ' that a trader creates from existing personality traits that are not initially related to trading, but surface from trading without method understanding. The outcome of course is fear, but wouldnÂ't this be the case whe...
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