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Trading In the Eye Of The Storm
Tue, May 6 2008, 12:55 GMT
by Forex Journal's Collaborators
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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Published on Tue, May 6 2008, 13:07 GMT
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Legal disclaimer and risk disclosure
This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the authors and the publisher are not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought. In commodity trading, as in stock, and mutual fund trading, there can be no assurance of profit. Losses can and do occur. As with any investment, you should carefully consider your suitability to trade and your ability to bear the financial risk of losing your entire investment. It should not be assured that the methods, techniques, or indicators presented in this magazine will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples in this magazine are for educational purposes only. This is not a solicitation for any order to buy and sell. The information contained herein has been obtained from sources believed to be reliable, but cannot be guaranteed as to accuracy of completeness, and is subject to change without notice. The risk of using any trading method rests with the user.Related reports
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