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Showerthoughts

From Newbie to Experienced Trader | Full Path Explained 📖I was reflecting on how I became a trader, and suddenly I was reminded of a great book called «A hero with a thousand faces» which then led to the analogy between the journey of a trader and the hero's journey. And while just as any analogy this one is somwhat superficial, I really feel like there is a lot of truth to it. Just think of how many of us have trading histories that look something like this? ♣️A grand call to adventure. Who would not want to make a pile of money working from the comfort of your own computer screen? ♠️Finding a mentor. Good mentors matter! Few of us who have succeeded would have done so without some help. ♣️Crossing over into an “unreal” world. Markets are crazy. When we look deeply into markets, maybe we become a little crazy ourselves, and we certainly become disconnected from ordinary reality. ♠️Facing dire challenges. The emotional highs and lows of trading can be extreme. Is there a trader alive who hasn’t been awake at 4am wondering if they can ever do this, why they ever tried in the first place, how they could be so stupid to make the same mistakes over and over, and what they were going to do tomorrow? (This is probably not the time to mention that we only write stories about the heroes that complete the journey! A lot of dragons feasted very well, for a very long time.) ♣️Failure somehow, perhaps almost miraculously, is transformed to success. ♠️We figure out how to incorporate our trading activities into the everyday world, and discover that things probably weren’t quite as exotic or difficult as we had thought. 📌My point is that trading is not really about learning patterns. It is not about learning some math. It is not about skill development, and it is not even about risk management. All of these things are important, but the real work of trading is work on ourselves. ✅Remember: Before facing the dragon in a cave, one needs to awaken the dragon within. ❤️Please, support our work with like & comment!❤️ What do you want to learn in the next post?
TVC:GOLDEducation
by UnitedSignals
6
THE ROAD TO SUCCESS The article is aptly named for it is the road that matters not the destination. And here is why: Our brain, though incredibly complex, runs its basic functions on ancient and primitive brain circuits using the carrot and stick principle to motivate us to do some things and to demotivate us from doing other things. That carrot and stick stimuli come in the form of pleasure and pain of varying strength, and the brain creates a dynamic map of the positive and negative stimuli and then our prefrontal lobes develop the best path to navigate this map. The map to success right? Well, kinda… The thing is that if the map and the assigned values of the stimuli were fixed we would have all soon achieved whatever we desired in the moment and would have been ecstatic for the rest of our lives, but our brain is there to ensure survival and reproduction therefore, the stimuli value map is dynamic with the brain reducing the reward we get each time we do the same thing that we previously craved, with the exception of the few basic things vital for survival like food and reproductive activities. Anyhow, just as with drugs the high is less and less potent form the same dose as the time goes by. So is the “high” form a certain level of success we reached. Happy at first, we will soon notice that the “kick” is no longer there, meaning that the values on the map have been reassigned and the brain is demanding that you set off on another quest to achieve yet even greater success. That way you keep moving, and the final success is always just one step away, but just like the horizon with each step towards it, it makes one step away from you. That is why we, as traders, need to appreciate the road itself too. Get joy from looking at the charts, finding patterns, learning new things and creating strategies. Without that, the life of a trader with its ups and downs, and constant stress will drive you nuts pretty soon… Cheers to all of you, who enjoy the charts as much as I do, and thanks to Tradingview, for giving such a great platform for savouring each and every moment of it!
Education
by ProSignalsFx
7
✅JOURNEY OF A TRADER=HERO'S JOURNEY! 📖I was reflecting on how I became a trader, and suddenly I was reminded of a great book called «A hero with a thousand faces» which then led to the analogy between the journey of a trader and the hero's journey. And while just as any analogy this one is somwhat superficial, I really feel like there is a lot of truth to it. Just think of how many of us have trading histories that look something like this? ♣️A grand call to adventure. Who would not want to make a pile of money working from the comfort of your own computer screen? ♠️Finding a mentor. Good mentors matter! Few of us who have succeeded would have done so without some help. ♣️Crossing over into an “unreal” world. Markets are crazy. When we look deeply into markets, maybe we become a little crazy ourselves, and we certainly become disconnected from ordinary reality. ♠️Facing dire challenges. The emotional highs and lows of trading can be extreme. Is there a trader alive who hasn’t been awake at 4am wondering if they can ever do this, why they ever tried in the first place, how they could be so stupid to make the same mistakes over and over, and what they were going to do tomorrow? (This is probably not the time to mention that we only write stories about the heroes that complete the journey! A lot of dragons feasted very well, for a very long time.) ♣️Failure somehow, perhaps almost miraculously, is transformed to success. ♠️We figure out how to incorporate our trading activities into the everyday world, and discover that things probably weren’t quite as exotic or difficult as we had thought. 📌My point is that trading is not really about learning patterns. It is not about learning some math. It is not about skill development, and it is not even about risk management. All of these things are important, but the real work of trading is work on ourselves. ✅Remember: Before facing the dragon in a cave, one needs to awaken the dragon within. Leave a comment and a like bros👍🏻
Education
by ProSignalsFx
6