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Learning To Function In The Nasdaq Stock Market
Provided
By Ultimate Trading
Systems
Successful Trading In The Nasdaq Stock Market Requires A Strategy
Nothing we do in society prepares us to function effectively in an
environment with no real boundaries, like the
nasdaq
stock market. But most of us are brought up to function well in
society, so we've acquired strategies for fulfilling our needs and
desires that are geared toward social interaction and acceptance.
We dont just take what we want we take other people into
consideration, too. Not only have we learned to depend on each other
to fulfill our needs and desires, but in the process we've acquired
many socially-based techniques for assuring that other people behave
in a manner that is consistent with what we want.
The nasdaq stock market may seem like a social endeavour because
there are so many people involved, but they're not. While we may
have learned to depend on each other to fulfill basic needs, the
market environment is different: its every person for themselves.
Not only can you not depend on the nasdaq stock market to do
anything for you, but its extremely difficult to manipulate or
control anything that the nasdaq stock market does. If you've become
effective in your personal lives at fulfilling your needs and
desires by learning how to control your environment, but are
existing as a trader in an environment that does not know, care, or
respond to anything that is important to you, what do you do? You
take control.
One of the principal reasons so many successful people have failed
at trading is that part of their success, outside the nasdaq stock
market, is due to their ability to control their social environment.
To some degree, everyone has developed techniques to make their
external environment meet their needs and desires. The problem is
that none of those techniques work with the nasdaq stock market. The
nasdaq stock market doesnt respond to control and manipulation,
unless you're a very large trader.
However, you can control the way you deal with nasdaq stock market
information and your own behaviour. Instead of controlling your
surroundings so that they fit your idea of the way things should be,
you can learn to control yourself. Then you can view information
objectively, and choose to behave in a manner that is in your own
best interests. You do this by creating rules to trade by, and
following them.
Nearly everyone agrees that you need to have rules to be successful
in the nasdaq stock market, but most traders have no intention of
following any. Most people who are interested in trading resist the
idea of creating a set of rules. The resistance may be subtle, but
its still there.
Often this is a response to how we acquired our first set of
societal rules. Most of the guidelines we live by were given to us
by our parents, relatives, teachers, or friends when we were
children. These guidelines were taught to us, we did not create
them, an important distinction. During this time, many of our
natural impulses to move, express, and learn about the nature of our
existence through our own direct experiences, were stifled. Some of
these impulses were never reconciled, and can still exist inside of
us as frustration, or disappointment. The accumulation of these
types of feelings can cause people to resist anything that keeps
them from doing whatever they want, whenever they want to.
The very reason most people are attracted to trading in the nasdaq
stock market, (the unlimited freedom of choice and decision-making
inherent in trading in the nasdaq stock market), is the same reason
they feel a natural resistance to rules and boundaries. The need for
rules may make perfect sense, but its difficult to generate any
enthusiasm for these rules when you've been trying to break free of
them most of your life. It usually takes a great deal of effort to
break down a traders resistance to establishing and abiding by a
trading regime that is organized, consistent, and reflects prudent
money-management guidelines. But once they do, the possibilities for
attaining consistent trading success in the
nasdaq
stock market are limitless.
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copyright 2005
Nasdaq
Stock Market
www.meta-formula.com
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