My site, TradingParadigm.com, helps struggling traders become consistently profitable by cultivating the proper mindset. In other words, we help traders develop a cognitive framework (principles, thought patterns, beliefs, perspectives, etc.) that makes them more effective within the market environment.
Contrary to popular belief, performing market analysis isn’t the main reason for trading success. It’s mindset. And without the proper mindset, even the best analysis is worthless. With a weak and undisciplined mind, we’re susceptible to all kinds of trading errors due to our fears, biases, insecurities, defense mechanisms, and bad habits.
The financial markets provide limitless opportunity and risk, so we have to make sure we build the proper internal framework to be consistently successful in this type of unique environment. It’s not something we’re naturally used to. But that doesn’t mean it’s impossible to achieve.
The good news is that it’s certainly possible for us to adapt our mindset to be more in line with the market environment. Thanks to concepts like neuroplasticity and activities like meditation, we can develop a higher level of self-awareness and even change the structure of our brain.
Overall, our biggest weakness when we first start trading, our mind, can actually become our biggest strength. With repetition of the proper thought patterns and behaviors over time, we can develop a mindset that correlates with consistent trading success.
Your Friend and Fellow Trader/Investor,