Are You A Turtle Or A Cheetah Trader?

traderThe illusion of speed panders to many a trader’s excitable mind: The mind conceives  the slow, steady  turtle as rather boring favouring the excitement of the immensely fast cheetah. Speed is often mistaken for achieving results. It is an issue that has many trader’s lulled into over-trading, trading off too small a time frame in the hope of achieving quick, repeatable results.

Speed of execution is considered to be one of the benchmarks of good intra day trading.

While flawless, speedy trade execution is undoubtedly important, it is not the Holy Grail of trading success.

Having worked with many professional trader’s who had to make the transition from floor trading to electronic trading I got to realize that speed, far from aiding your trading success, actually goes against you particularly if you are an independent trader trading from home. There are many reasons for that, the more complex algos of today’s markets is one of them, alas it is by no means the most important aspect to consider and much overrated.

The real issue is your brain’s perception, how the mind interprets speed.

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Mercedes Van Essen
Mercedes Oestermann van Essen has traded since 2001 with extensive experience trading commodities, FX and stocks. She is the author of several books on trading psychology.

Her work in the field of trading psychology is innovative and inspirational,
combining cutting edge energetic NLP with insights from the wisdom traditions, neuro science and the science of quantum physics. Many traders and investors have transformed their trading and their lives immersing themselves in her material.

Mercedes Oestermann van Essen contributes to the educational part of IG Live TV in London and writes regularly on trading related topics helping traders to improve their trading by empowering their trading psychology. Her work goes way beyond improving trading performance and is life transformational.

For more information please visit: www.TheBuddhistTrader.com

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Mercedes Van Essen

Mercedes Van Essen

Mercedes Oestermann van Essen has traded since 2001 with extensive experience trading commodities, FX and stocks. She is the author of several books on trading psychology. Her work in the field of trading psychology is innovative and inspirational, combining cutting edge energetic NLP with insights from the wisdom traditions, neuro science and the science of quantum physics. Many traders and investors have transformed their trading and their lives immersing themselves in her material. Mercedes Oestermann van Essen contributes to the educational part of IG Live TV in London and writes regularly on trading related topics helping traders to improve their trading by empowering their trading psychology. Her work goes way beyond improving trading performance and is life transformational. For more information please visit: www.TheBuddhistTrader.com

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