why otherwise successful people struggle in market?

because
they have high IQ (intelligent quotient)
and even higher EQ (emotional quotient)
but very low TQ (trading quotient)

the more intelligent u r
the more u try to do
"your thing".

the more intelligent u r
the more u use logic.

the more emotional u r
the more u react
to the stimulant
of big pocket operators.

the more emotional u r
the more ur ego inflates
and stronger u cling
to bad positions.

so,
if u r struggling in the market
congratulations!
it reconfirms
that u r
intelligent
and highly emotional.

but if u r a successful trader
it doesn't mean that u r
unintelligent or an emotionless rock.
it only means
that
u have successfully tamed ur
emotions
and
locked ur intelligence.

u have a developed
TQ (trader quotient)
which is synonymous with
trend quotient

TQ
is not what we are born with
it is not available off-the-shelf
it is earned by

learning, followed by
hard experience
freezed method
dogged practice
and
ruthless discipline.

so if u have high IQ
and high EQ
u don't have to bring them down
just leave them outside the trading room
and wear ur TQ.

emotions,inexperience& trained gut (words from masters)

"there is a big difference

between trading emotionally and trading from your gut.

...trading emotionally means reacting to fear and hope, which can destroy your trading decisions.

...trading from your (trained) gut is different.

inexperienced right-brain traders are susceptible to acting on ideas

based on feelings drawn from erroneous principles

because they have not sufficiently trained their right brain in proper trading principles.

they have not yet supplied the right brain

with enough of the raw material required to make proper judgments.

for this reason, the gut reaction of the novice trader will often be wrong."

- Curtis Faith