Article - It's not the trading system that's fallible; it's the trader

Forex market trading systems are multiple and keenly studied by all traders old and new in the search for a better understanding of how technical methodology can be applied to interpret the vast framework of emotions that govern those trading decisions.

The truth about the matter may come as startling to my readers. But the truth is the truth. It's not the trading system that breaks down; more often than not it's the trader that becomes the architect of his own ruin in pursuit of success. To deny our emotions would be to deny our very own humanity. have any of you readers seen the movie Sphere? It is a spine chilling horror to realize at the

end that it is the silent madness of actor Samuel Jackson responsible for all the mayhem in the movie portraying an encounter with an alien intelligence within the ocean depths. The vast sense of isolation and loneliness within the depths of the ocean over-powers the mind into the worst feelings of denial and results in horror. The same could be said in the world of currency trading where the hapless trader often feels mentally swamped in an age where the internet could deliver just about every scrap of information related to the forex markets in seconds. At the end of the day we live in a modern world of information overload. Truthfully the brain can't take it. We  read this opinion then we read that opinion and in the end we tentatively try to go forwards with what we think is the best overall plan and then we short-circuit our minds in the process once we encounter the real world. Stories of successful traders tend to revolve around those that are either content with their domestic lives which gives them the equanimity to forge a successful plan, or for those that tend to mind map forwards the path of their careers setting out carefully delineated goals and objectives and emergency bail-out plans for every single time a brick wall suddenly appears on the road-map to success.

A website which i habitually follow to analyze trading systems is - 

https://collective2.com/

The website lists some very interesting systems from professional and novice traders and analysts and may give yourself a conceptual basis and ideas in your studies of the currency markets.

Please read this interesting article that I found on the website C2 -

https://forums.collective2.com/t/developing-the-heart-mind-trading-edge/7924

Sound mental health is a per-requisite before any application of a trading methodology. it is not an improper nor demeaning phrase in coming to discuss the issues of mental health. In a world of hustle and bustle let's face it; who isn't stressed for one single moment in the day? It would take a saint amongst to command the total relaxation of the nerves at all times and saints are far and few between. Dealing with emotional issues is a very personal subject most of us care not to share but dealing with them we must. Stillness of mind is not only the key ingredient to the successful implementation of a trading plan but it is also the requisite for personal health itself.


Pieter Bergli - DeLoren Trust Holdings

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Disclaimer - U.S. Government Required Disclaimer - Commodity Futures Trading Commission

Futures and Options trading involves risks of losses. No representation is being made that any reader and account will or is likely to achieve profits or losses similar to those that are being discussed on this blog http://forexeducationperspective.blogspot.com/. The past performance of any trading system or methodology discussed is not necessarily indicative of future results.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

All trades, patterns, charts, systems, etc., discussed in this blog http://forexeducationperspective.blogspot.com/ are for educative and illustrative purposes only and not to be construed as specific advisory recommendations for actual trades. Disclaimer - http://forexeducationperspective.blogspot.com/ bears no responsibility for the trading actions of its readers