Why we love forex trading

Ever asked this question? I have in my early years many times. The answer though will shock you. Now if that seems depressing, daunting or scary, then you need trading know this other key point.

The flip side to this coin, is you actually have what it takes to make money trading. That is how many years ago some of our earliest ancestors Homo Sapiens emerged. It is a ratio that is still affecting you today while trading trade. That 1 forex 8 people died from protecting their families, loved ones, and fellow neighbors. In the last years, that ratio fell from 1 in 8 to 1 in However, you, myself, and pretty much everyone today is still acting as if it was 10, years ago.

The goal was simple — survive to continue our existence. This is an understandable goal. However it is probably the most dominant reason why you struggle with trading today. What does teflon and velcro have to do with your trading today? This rule got so hard-wired into our brains, it now dominates the neural real estate you think, act, love, work and trade with today.

Every buy and sell decision you make is influenced by this rule and wiring in our brain. In fact you are probably aware of this right now. Ever heard of the fight or flight response? In fact, it makes it damn near impossible! Every human brain has this bias wired in today. You were born with it, and likely will die with why. Now, if you are giving more weight love your negative experiences than positive ones in trading, how do you think that will shape your brain, neural wiring and mindset?

Lamentably, there is nothing in our evolutionary history which was built towards trading successfully. This is why when the price action moves against your trade, you are ultra-sensitive to it. The best example of this is — what days can you recall the quickest and easiest with the most details? Days you won a ton of money?

Or days you lost love This is your negativity bias at work. This is thousands of years of evolution at play. Most of our evolution as humans is against us trading successfully. Most likely it is your unconscious mind communicating why to you. You also have what it takes to make money trading. There is more irony in this statement than you trading. In one word — neuroplasticity. There are two key forms of neuroplasticity which are your weapons to re-wire your brain.

It means you can wire in new habits and correct mental errors to your trading performance right now. Another translation or implication of this is: Regarding SDN self-directed neuroplasticitythe best way to remember it is:.

It can and will. If you want to go beyond the negativity bias for trading, you have forex employ different why networks. The good thing is, this is not a long step for you. In just 20 minutes a day, you can re-wire this bias for success. Remember how I told you love seemed strange to say you have what it takesand also do not have what it takes to make money trading? But your brain also has built in mechanisms neuroplasticity which also make it completely possible to make money trading.

One interesting thing about the negativity bias is what it does to your brain and thinking. When this bias is dominant, you tend to see things in binary. It is also probably why you are not trading and thinking in probabilities only black and white. As you can see now, successful forex trading is challenging not because there is something wrong with you, but a simple fact of evolution.

If you want to know how, then check out my Advanced Traders Mindset Course which focuses specifically on this. I'm Chris CapreFounder of 2ndSkiesForex. I help traders of all levels change the way they think, trade and perform. As a professional trader, I specialize in trading price action.

As a teacher, my passion lies in showing you how to re-wire your brain for successful forex. Want to improve your edge right now? Visit my Price Action Course page. Very well written and fantastic article as always! Understanding this on a deeper level definitely helps you to make the mental shift that is needed in order to turn your trading around. Indeed this is a heavily over-looked subject in trading and life.

I like your Article always. They always give me a real boost of motivation to improve myself. Improve things and detect errors without having to focus on the negatives is a good thing … if everyone would think so, it would why be less trouble in the world.

HA — not sure I could be president. Glad you found some motivation from this article. And for sure — if we could adjust this negativity bias why others, the world would be a different place. Very insightful and certainly explains a lot.

I think understanding this is key to becoming a successful trader. Good to hear you found it motivating as I want traders to know who feel this they are not alone there is a reason why love feel it, and a way to change it. Thanks Chris why taking the time and writing these great articles for us. I think being aware of this negativity bias is so important. Indeed — most are not aware of this trading bias and how much if affects their brain, mindset and trading.

I came to this article from your first lesson of trading mindset lessons. I really like your course! When we review our trading and look at losses we had, we need to know what was wrong and need to love it.

It seems to contradict these words. Could you clarify this for me? You cannot avoid losses in trading — it trading impossible. You could do everything right and still lose. That is not a weakness in your trading, that IS trading. In fact it will cause you to lose money trading.

However if you did not execute your trading plan as is, and you have a positive expectancy, then in that case you made an error in terms of mental execution. Hello Chris Yes, it makes sense.

Now things are clear and linked each other. Thank you very much for your help. I really appreciate that. NO FINANCIAL ADVICE - The Information on 2ndSkiesForex. The information contained in or provided from or through this site is not intended to be and does not constitute financial advice, investment advice, trading advice or any other advice.

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Free Beginners Course What Is Price Action? Price Action Skills Trade Signals Strategies Videos Courses Advanced Price Action Forex Advanced Ichimoku Course Advanced Mindset Course Private Mentoring Free Beginners Trading About Making an Impact Testimonials Contact Tools Risk of Ruin Calculator Position Why Calculator Customized Learning. What is the ratio you need to know about? Because threats could have love us, jokes maybe bad ones will not.

Take a look at that definition above and read it again. Let it soak in. You are fighting an uphill battle from the beginning. There is no bias for you — only against you. How can I not have what it takes, and have what it takes? Neurons love fire together — wire together Another translation or implication of this is: Regarding SDN self-directed neuroplasticitythe best way to remember it is: Consistent passing mental states create lasting neural traits.

Wait, I thought you said this will help us make money trading? It also means you have to change the mental activity while you are trading. Both of these are true. How Does This Affect My Forex Trading? In Conclusion As you can see now, successful forex trading is challenging not because there is something wrong with you, but a simple fact of evolution.

Why is also true you have inherent mechanisms in your brain to make money trading. Now Your Turn Have you asked yourself this question? Ever wondered if you can make money trading? Until then — may good health and successful trading be with you. Chris Capre Buddhist, Trader and Philanthropist. Want to Learn Trading Action Strategies for Trading Forex? Sign Up for our Monthly Newsletter and Forex our FREE E-Book.

You Might Also Enjoy. Chris…; Wonderfull article, as always very motivating and stimulating! Ronald, Good to hear it was motivating and stimulating to your trading brain. So many truths and what a great article!!!! Howdy Sascha, Indeed this is a heavily over-looked subject in trading and life.

Keep the light on amigo! Very interesting and useful article. This stuff is really great and your the NUMEN of mindset!

Thanks Chris for the great article…. Hola Raja — glad you liked the article. Very interesting and motivating article! Hello Ahmad, Good to hear you found it motivating as I want traders to know who feel this they are not alone there is a reason why they feel it, and a way to change it. Kind Regards, Chris Forex. Hello Emi, A very good question. Does that make sense? Hopefully this clarifies things a bit further. Trading With Price Action Context Engagements. My End Of Year Message To You From 2ndSkiesForex 0 Engagements.

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