Monday, 26 October 2009

first post

Ok, I have finally decided to create a blog to record my progress in the world of betfair trading.
I know there are already millions of similar, established blogs out there that will be more interesting and have more to say, but even if no-one reads this I hope it will help me become more disciplined, which seems to be the main problem that is holding me back from becoming more successful.

I realise that I have a terrible mental attitude. I am very negative, take losses badly, give myself a hard time when things go wrong, and have a lot of emotional involvement in how i perceive the progress of my trading. By that I mean all the hopes and dreams that may be fulfilled by being a successful trader, and every little setback is a blow to these hopes.

But I dont give up easily - I think a lot of people after trying for 2 years and failing a lot of the time would have just jacked it all in. So I am going to fight the inner demons of fear, greed, hope, wishful thinking and pride, and hopefully train my mind to see things differently

1 comment:

  1. Crikey, I could have written this blog as you have all the traits I do.

    Let's hope we both work it out and get the right discipline and trading mindset.