Powerful Trading Psychology Lessons from Mark Douglas – Part VI
“No man ever reached to excellence in any one art or profession without having passed through the slow and painful process of study and preparation.” – Mark Douglas
Our final quote from Mark Douglas states – even though Stock trading may look easy, it’s not.
Someone from the outside looking in might think it’s as simple as setting up a broker account and pressing buy and sell buttons all day long.
But we know that doesn’t even scratch the surface.
The complicated nature of learning to become a successful Stock trader needs to be respected.
Just like anything else you learn in life, learning to trade Stock is a process. It’s not something you can acquire overnight from reading an eBook you downloaded.
In the workforce, it’s silly to expect to climb the career ladder and become the manager in less than a week of being accepted into an entry level position.
Stock is the same – don’t push yourself to become an ‘expert overnight’. It takes a lot of mental conditioning and commitment from you as the trader before you will see any success.
An effective way of shortening your learning curve is to join a Trading Program where you can learn how to trade, and get feedback/share ideas with other like-minded traders.
Bharat Jhunjhunwala MFTA, CMT, CFTe, MSTA