In life often develop repetitive behaviors (at least I hope not) we wash our face when we wake up, eat lunch around noon, we wash our hands after meals, and go to bed at a certain time. You see, we develop daily routines that help us through the day. As creatures of habit, which also go through the patterns in the trade.
Over time, we are a routine way to process and react to the information thrown at us. For example, some people lie to their partners in the drive, even if he did nothing wrong just to avoid a long conversation. Heck, even a child could fib a bit just to avoid a reprimand. In reality they are liars by nature, but they have conditioned themselves to respond in some way given a specific situation.
How does this apply to the negotiation
I know this may make you shudder, but try looking at the worst trade has had on their daily trade. Check the configuration trade dress, think about what went wrong, and you wonder, “Why the hell did you ever consider that trade in the first place? What was I thinking ?!?”
More importantly, “Was I not even think ?!?”
Probably only that trade automatically on the basis of a familiar setting. In this case, his decision was the result of their own thinking rather than what the market was saying. Or maybe it was from the beginning that Cobb entered her mind and made the decision for you.
Your worst trade is not necessarily one in which he has incurred their biggest loss. It may be in the form of a missed opportunity, when they hesitated to take what could have been his occupation of the year, or when they took profits too early instead of letting it go. You may have wimper out due to his fear of losing, even when the markets gave every indication that this next trade would be a winner.
Another pattern of negative thinking is when it becomes absolutely indifferent to the loss just blindly take one after another trade fair compensation for their losses. In this case, continue to insist you’re right and you think it is very likely to beat the market. Revenge of trade becomes a bad habit and can lead to large reductions if not corrected.
The usual response is simply bad trades with little regard. Like the memory of being rejected by high school crushes (not that I spend a lot for me) is easier to simply push the memory of a bad trade on the back of the head, and falsely reassure himself that will prepare better next time, then move to the new operation.
But that is not enough!
You have to dig deep into the problem and reviewing the nitty-gritty of operations wrong. Otherwise, you run the risk of repeating their mistakes.
No matter how painful or discouraging the task should be compelled to open his blog that has been the trade and ask questions like:
• “Why take the trade?”
• “I remain valid signals when I closed my position?”
• “Is ‘How are you’ really bad pick-up line?
Well, maybe the last question is more suited to their problems Saturday night, but you know what I mean!
In forced to identify the emotions he felt when he made bad trading decisions, you might be able to see a negative pattern in your behavior and take corrective action. Forget bad habits and business practices can be difficult, but certainly will bring you one step closer to controlling your emotions and become a better trader.