Dont try to be someone else...

There is a great post from Dr. Brett Steenbarger again.
The Video shows what happens if you try to be someone else / copying someone else...
I had same experiences aswell, so i can agree with it ;-)

So many times before i tryed to adapt others trading style / pseudo-trading style and was never successfull with it.

Everyone has to identify itself with everything he does. none will ever succeed in trading whith copying someone else when he has another mindset.

In my opinion, trading is 95% psychological and 5% knowledge and not vice versa.
And in my opinion, this is the reason why 95% of all traders fail in their ambition to make continuous profits.

I DO IT MY WAY !


Here are the links:
http://traderfeed.blogspot.com/2009/04/illusions-and-blowup-of-trader.html
http://www.youtube.com/watch?v=pu-8wGbWMro
http://traderfeed.blogspot.com/2007/11/doll-face-trader.html