The Inward Journey

Have you every think of what matters most for success in the trading arena? be it FOREX, STOCKS, COMMODITIES, FUTURES, etc. Is that the method that they use? their money management style? or their psychology? if you were to interview them you might find that they all posses different trading methods, but one thing in common is that their trading method is of low risk setup. So, we can see that method does not really contribute to their success, i've seen people with very simple method having great success in the trading arena and also people with highly complex method succeed. So what is the main ingredient for success? If you were to look closely into the books written for trading, u might find that most of these books write extensively on deveoping a trading method, hardly you would come across books that really touch on the aspect of trading psychology. If there are so many books out there that teaches people in developing a trading method, then how come we still have alot of traders that arent successful? doesnt this proof anything to you that what matters most for success in trading is NOT the method but the psychological aspect of it? and in the markets, there are hardly any books that touches on these subject extensively.

The market itself is made up of individuals, and as individuals we posses emotions, prices moves because of the participant's emotions. Hence what really moves the market is nothing but our emotions of FEAR and GREED. When i started out trading the aspect of psychology was not taken seriously, what i emphasized most was on the trading method. I kept refining my trading method hoping to come out with something that is 100% perfect, no errors but if you would realise human beings are not 100% perfect in anyways, he have our flaws and hence the market is also not 100% perfect, so to come out with something that is totally 100% perfect is near impossible! I know many of us out there are trying to find the 'Holy Grail' of the trading method, honestly speaking the 'Holy Grail' does exists, but it is not the way we think it is. Actually the "Holy Grail' exists in ourselves internally NOT externally. in other words, the true 'Holy Grail' i might say is our own PSYCHOLOGY that is how do we master our emotions when we are in the markets. Many of us actually posses trading systems that can make millions in the long run, but ask yourself have ever really 100% follow it? i.e. entering and exiting based on the system's rules? i dare say alot of us are easily carried away by the market's emotions when we are in a trade i.e. taking profits too early, or cutting losses too late. Alot of times these process happens and we blame the system, we blame the markets, we blame the weather, we blame the food we just ate, we blame the location, the house, our children etc etc. and the lists can go on and on because as humans we tend to have the "Blame Mentality". When we have problems we tend to look externally for solutions because taking the responsibility of a fault would somewhat goes against our human ego.

So if you are still wondering why your trading hasn't pick up much steam yet, dont go over refining trading methods, blaming others or whatsoever, instead reflect deeply in oneself and start to search for the answer within, look internally afterall trading is an "inward journey"
Well, nuff said.. i myself is still not yet to really solve this psychological issues of trading, but atleast i realise now that what matters most for success is our psychology-"The Inward Journey"