Trading In the Eye Of The Storm
This article is taken from the Forex Journal (April 2008 issue).
The author, Daniel M. Gramza, is President of Gramza Capital Management, Inc. and DMG Advisors, LLC. He is a trader, consultant to domestic and international clients and an advisor to the St. Croix hedge funds.
- An excerpt from Daniel Gramza’s book
The Thought Demons of Traders Once you understand the process of thought choice, thought energizing, and the impact both have, it becomes easier to identify the thought choices, both positive and negative, that you make in your own life.
The business of trading can be fertile ground for negative thought choices. If we let them, these negative thought choices can become our demons and sap our positive mental energy. By identifying and understanding the realities of these thought demons, a trader is better able to redirect energy away from them and diffuse their power. Here are examples of common thought demon choices that traders make:
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