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Filed under: Performance | 03/12/07 03:24am UTC
pwallace

Fear - Part 2

Carrying on from my last entry - as Traders, there are, I believe, 3 blocks to a Traders success.

The first one is: Over-Analysis. The old analysis paralysis syndrome.

  • Do you find yourself looking at more and more charts trying to gain a better understanding?
  • Do you find each of your charts is littered with dozens of indicators, moving averages and trendlines as you search for the perfect trade?
  • Do you find yourself unable to pull the trigger until you have a 100% possibility of success?

If so the likelihood is that you are over-analysing the situation.

Which leads on to the 2nd block…


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[1] Trackback by Currency Broker — November 7, 2008 @ 6:07 pm

Currency Broker…

Quote of the day (relating to traditional investments): Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it. — Peter Lynch…

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