Financial Trading is 80% or More Metaphysical

Tuesday, June 20, 2006

Experts agree that 80% or more of what you need for success as a financial trader is psychological. That's regardless of the instrument you trade - emini futures, pork belly futures, orange juice futures, stocks, options or whatever.

I almost agree with that. I would substitute the word "metaphysical" for the word "psychological" though. I believe that success as a financial trader is 80% or more metaphysical. More on this later...For now, let's think of psychological matters as being part of the metaphysical things you need to succeed as a financial trader.

During the past decade or two studying trading, one of the best courses I took was a program I got for free from a famous "success guru" as a bonus gift for registering in one of his courses. The bonus gift program was called "Get The Body You Deserve". (Check eBay for inexpensive used copies.)

The materials are not about trading, but are instead about physical health. However, the materials in it are 80% psychological. Applying the psychological methods taught in it were very valuable in becoming "The Profitable Trader I Deserve To Be".

Besides, I also reduced by 65 pounds using those psychological methods and have kept the weight off since 1996 :)

More on the trading aspect of this in tomorrow's blog message...

Raymond T. Lee
LeisurelyCashFlow.com
Raymond@LeisurelyCashFlow.com