Mirror, mirror on the wall who’s the trader of them all

Let’s do the next step to become White Gandalf – Master of Art.

There two types of mental behavior that we continue for the whole life: displacement and projection.

Displacement occurs when we meet with facts and opinions that hurts and we automatically move our attention OUTside… projecting the content of fact to other person. Fantastic shit isn’t ?

And we are all doing it always when we are not ready to meet with sad truth, almost whole life. Why we react in such a stupid way concerning the fact we see ourselves in completely other way ?

Truth is simple… we escape from pain and run to pleasure.

So… now will be the TEST for You. You can call it: BIG TEST ABOUT MY LIES concerning the fact that You still want to be a trader not a hobbit with bad habits, but to be like a Gandalf.

I exchange the simple list of GOOD PRACTICE CODE for ProTraders. Your task is to mark: Y/ N with each category:

I have proven or tested trading system
I can read my emotions and stop cultivating them
I recognize emotions that try to drive me
I plan my trading and trade my plan
I already have written on paper trading plan
I take responsibility for my trading, profits and losses
I chose my broker consciously, not from marketing side
I feel when I’m over-traded
I trade what I see, not what I think will be
I can tell about myself: disciplined
Ready to learn, but steady in emotion
I keep an order in my room OR I extracted some space only for trading
I recognize my psycho-emotional state of mind and I’m ready to pause in such days when it goes bad

There should be at least few more, but thanks to above list You have the scope of what trading is. And to be clear, I don't talk only about forex trading, but futures, options and bonds as well.

Now You can drink Your drink, cause the rest You know hard work