When we get into a trading mode, we don't realize how natural it is to associate the instantaneous shift from joy to pain that we experienced so often as children with the same instantaneous shift from joy to pain that occurs when we trade. The implications are that if we haven't learned to accept the inherent risks of trading and don't know how to guard against making these natural connections between our past and the present, we will end up blaming the market for our results instead of taking responsibility for them.
Even though most people who trade consider themselves responsible adults, only the very best traders
have reached a point where they can and do accept complete responsibility for the outcome of any
particular trade. Everyone else to one degree or another assumes they are taking responsibility; but the reality is that they want the market to do it for them. The typical trader wants the market to fulfill his expectations, his hopes, and dreams.
Market does not work this way.
Even though most people who trade consider themselves responsible adults, only the very best traders
have reached a point where they can and do accept complete responsibility for the outcome of any
particular trade. Everyone else to one degree or another assumes they are taking responsibility; but the reality is that they want the market to do it for them. The typical trader wants the market to fulfill his expectations, his hopes, and dreams.
Market does not work this way.
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