|PDF Title||:||New Trading Dimensions|
|Author||:||Bill M. Williams|
|Total Page||:||102 Pages|
|PDF Size||:||906 KB|
|PDF Link||:||Read and Download|
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“To say that trading is simple, easy, and profitable is incredulous to most traders and absolutely absurd to others. Almost all traders experience a great deal of doubt. In this section, we are going to look at ways to rise above the clouds of doubt.
This will ultimately happen only after enough experience in using my trading techniques to prove their overall profitability. The key to rising above doubt is to again realize what game we are playing. The game is trading our own belief systems.
If we want to change our results, we must change our beliefs. Beliefs are what we “know” to be true. We almost never question our deep beliefs, but that is exactly what a losing trader must do: question personal beliefs not only about the market but, even more, about themselves.
Very few traders know why they trade, much less how they trade. We all can spout our superficial reasons: to make money fast, to enjoy competing with other traders, to gain the prestige of being able to say “I am a trader,” and so on.
In your last trade, did you lose because you couldn’t see the market going the other way, or because of a deep, unexamined belief that you shouldn’t get rich that easily? If the latter, it’s time to free yourself from some old beliefs.”
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