subject: You Are Your Own Worst Enemy On Becoming A Profitable Trader [print this page] You Are Your Own Worst Enemy On Becoming A Profitable Trader
Your worst enemy in the stock market is you and only you. You are the biggest cause for any problem or loss that you might face. Do not make the mistake, like many people do, of blaming the market conditions, the brokerage firms or whatever reason that you can easily find on the World Wide Web. You and only you are the one to blame. The sooner you realize and accept that fact, the sooner you will have a clear path to become a profitable trader.
If you blame yourself and no one else, then you just might do something about it. You are within your range of expertise. You can change the way you act or think if you believe that will make you more successful that applies to life itself and the stock market. Blaming yourself - and only yourself - will make things way easier on the long run even though it might hurt a bit in the beginning.
It is just way easier to blame someone else's for your loss or for your lack of study. It just takes that awful feeling that you did something wrong, that you might have been wrong. Blaming yourself will enable you to take full and responsible action before a big loss hits you. If you start blaming market conditions for instance, you will be forever in the hands of fate whether you believe that fate does exist or not it does not matter, it will only be another excuse for your lack of commitment.
If you want to be successful, you must commit yourself fully and stick to your plan through the end. Do not make excuses nor blame someone's for your lack of study and responsibility. It is time for you to start taking action and start taking your trading career and financial future in your own hands. Only you will be able to change if something goes wrong, so always assume that, if something does go wrong, you are the one that made the mistake.
