Comment on Mr Consistent returning incredible returns

Madan commented on 29 Dec 2013, 09:42 PM

Karuna,

Anything we hear or read for the first time ever in life creates a new wire in the brain. Most of the traders don’t understand how psychology plays an important role in trading. When we read a book on trading psychology, we get lot of ‘aha’ moments where we think why did i ever not think this way on trading? A new wire is formed which will help you to see trading in a different perspective.

I always needed books to create a new wire in my brain. you might be different. People are different. I still read 1 hour every day on trading or biographies or some similar books..i really love Behavioral psychology books nowadays and i love to draw similarities between the books i read and trading.

As a matter of fact, i have blown my account twice which equals to 70K USD but i guess Mark douglas book created that new wire in me about psychology.

Hope it helps.

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