Why Trading Stocks is the Best Therapy in the World
I’m writing this post in an effort to condense numerous lessons I've learned from several different sources I've studied in the course of trying to become a better trader. Trading options and futures is a zero sum game--there is a winner for every loser. Equity trading isn't much better. Moreover, most traders fail (you can also consult the Google for several research papers that further support this point). Failure invokes powerful emotions and memories, that, as a result, invoke future behavior that tries to avoid failure at all costs. Furthermore, fear and greed become more commonplace--which insidiously undermines traders by influencing them to avoid the very trading rules that gave them an edge in the market in the first place. Any edge in the market can be easily and effortlessly undone by emotion.