Leave humility for your interactions in society.
It has got no place in trading. You’ll get mugged by the successful, consistent & ruthless operators & lose your account.
Successful, consistent & ruthless operators employ [B]Synaptic Strategies[/B].
[B]
Synaptic strategies[/B] define trading success from trading failure!
This is how a Pro Trader uses [B]Synaptic Strategies[/B] for ruthless execution of trades.
A Pro Trader who sees a signal, processes it through his brain and acts quickly
to execute.
He has seen this before, has gone through the same procedure many times such that [B]his synaptic strategies are laid down and strengthened through repeated brain training stimulation.[/B]
[B][U]
There is little or no cognitive or affective dissonance in the course of receiving asignal, processing the pattern, making a decision and executing it.[/U][/B]
A poorly trained & inexperienced Novice Trader with [B][U]NO[/U][/B] [B]Synaptic Strategies[/B] excecutes trades like this:
The trade signal
enters the brain through the eyes;
Goes from the eyes to the visual area of the neocortex where it is represented as a pattern;
Travels as a pattern from the visual cortex to the hippocampus where it is not remembered or partially remembered.
The hippocampus becomes very “chatty” and starts sending the pattern up to higher and higher levels of the visual cortex asking for help in the task of pattern recognition;
Moves from the hippocampus to the amygdala and limbic structures where it is given affect (mood and feeling).
In this case there is affective dissonance, i.e. the trader feels badly about the signal;
Transmits actively between the limbic area and the hypothalamus to send messages to the body for arousal.
Physical manifestations of anxiety or fear may appear. Blood pressure, heart rate and breathing that are controlled through these mechanisms may be elevated and sweating may occur;
Goes back and forth from limbic structures to the prefrontal thinking areas where there is cognitive dissonance.
[B][U]
There is a lot of thinking, questioning, second guessing and internal cross-talk; [/U][/B]
Does not go to the motor cortex and [B]is not executed as a trade[/B];
Due to lack of adequate practice or a dearth of experience in this market condition, the trader is synaptically short-circuited.
There is so much going on inside his brain that the cross-talk causes both
cognitive and affective dissonance.
[B][U]This is a state of confusion and “dis-ease”.
The trade is not executed. [/U][/B]
Humility doesn’t enter the above. Nor other chatter & chit chat posted on internet forums & published in books.
[B]Synaptic Strategies[/B] require training & instructions from highly trained professionals who know these things. You need to invest cold hard cash to make cold hard cash.
There is a lot more a successful trader requires to make it in this FOREX gig & is not found on internet sites & books.