Welcome to the new Spread Betting category which seeks to explain why I have been away for an extended period. The purpose of this new section is to work through the mistakes I have made in order to learn from them in an attempt not to repeat them. Hopefully this will help me by exploring the though process of some of the catastrophic decisions I have made and hopefully it will help those reading to not make the same mistakes.
I want to try and explore the psychology of trading and the impact emotion has on fear and greed. I want to take a detailed look at how trading affects you emotionally and physically in order to understand how to control the emotional and irrational side of trading. I know these things have been explored in depth by qualified traders but considering 90% of spread bettors fail I think an ordinary punters view and experience may help others starting out. Over the next few weeks I will start a series of articles tracing my last trades and the progressively deteriorating decisions I made. I’m looking forward to the whole experience and hopefully it will help me regain my confidence and bring me closer to being a more focused and determined trader.