Here is a question for you. What is your analysis paradigm?
Do you conduct analysis to try to:
• eliminate moves in your favour that turned into loss trades?
• eliminate trades that immediately moved in the wrong direction?
• ensure that you don’t get out of a trade too early?
• ensure that you don’t miss out on juicy trends?
Your answer may be that your motive is none of the above. However, a mindset that has not learned consistency will automatically be trying to achieve these very outcomes, even though you may not be consciously aware of it.
This doesn’t occur in the conscious mind, over which you have some control. It occurs in the subconscious mind, which is the realm of habits formed from time-grown beliefs that are continuously re-enforced by the repeated enactment of the habits we form. The habitual actions are the manifestation of your beliefs. It is a closed loop system that cannot be broken unless your beliefs are changed.
Shifting from the paradigm of analyst to the paradigm of a trader requires a conscious decision to change and then an effort to complete a transitional process. The transitional process is required to establish new beliefs and to invent new experiences that are repeated to form new habits – the habits of a trader rather than an analyst.