you are trapped !

"most traders believe
that the best way to avoid losses and emotional pain
is to learn more about the markets.

this bit of logic is a trap and presents another paradox.

the more you learn about the markets
the more you realize there are too many variables,
often conflicting.

in addition, there are no limits to the market’s behavior.
it can do anything at any moment.

this means that no matter how much you learn about the market’s behavior,
no matter how brilliant an analyst you become,
you will never anticipate every possible way
the market can make you wrong
or cause you to lose money.

if you are afraid of being wrong or losing money
you will never learn enough
to compensate for the negative effects
these fears will have on your ability to trade objectively and without hesitation.

the hard cold fact of trading is that every trade has an uncertain outcome.

unless you learn to completely accept the possibility of an uncertain outcome
you will try consciously or unconsciously
to avoid any possibility you define as painful."


- mark douglas
(trading in the zone)