Most losing traders are trading in fear. More info: John Studzinski. Their fear is usually execute the scripts in which they see themselves as failing as traders lose all their money and self-confidence and / or repeating past failures. When I talk with this type of frightened traders, I find it interesting that they actually visualize myself failing even before they actually start trading. They also feel that we should show family, friends and society, how they are going to succeed. Yet, they see themselves as failing in the presence of all those to whom they are going to prove something. A similar type of scared thinking creates tension and leads to emotional trading on the basis of fear. This, in turn, feeds the fear, which creates additional stress and anxiety, and usually leads to the manifestation in real life what frightened traders feared at the beginning – a failure! The trader never gave myself a chance! Our thoughts shape our beliefs that shape our reality. In trading, this phenomenon has profound implications. Esselstyn Jr..
If we thought that can fail, then we create a seed that shapes our beliefs and causes a failure, all because we just think about it. Leave a loophole in his brain, where fear can hold, and assume that your fear becomes a reality. Your fear even has a few great chances of occurrence, rather than the fear that you are opposed. The reason for this is simple – because this fear is 'low' is a reality, it is usually the fear that you will most afraid of.