The risk of commodity trade, psychology is not often discussed topic. I would like to share my colleagues and Martin Bedick interview. Martin in the trade risk Bedick psychology Ouse Martin, one of his main interests of the psychology of trading commodities. What is the interest in these areas? Mobile: You will not believe this, but in fact, I think that trade is a simple way to make money. Only a poor result of the negotiations period, I realized that I have a problem. Since I did not make any progress, I decided to re-consider my approach to negotiations. In the original book Market Wizards, there has been an interview with the Van Tharpe. He is a psychologist who co-operation with the merchant, and at that time with Ed Sekoyta, one of the largest operators in the past 30 years work. After reading this interview, I managed to attend the weekend's conference is one of the commodities. Auxerre: You have to learn in this workshop? Mobile: I have learned how important thinking is a way to successfully negotiate. Auxerre: Can you explain it? Mobile: Of course, as you know, negotiations are not easy, all transactions will be submitted to the challenge of constantly. My favorite quote from all Mark Douglas, a discipline of the book deal. He said: "Most people like to see themselves as risk-taking, but we really want is a little suspense guaranteed results." Auxerre: You said they did not know the risks? Mobile: No, I said that they did not accept the risk. Really accept the risks of trade, which means no longer afraid of what will happen. The only trade is not sure it is safe! Once you understand that anything can happen, always act in your best interests and protection. Successful traders are not afraid. Transactions are always afraid to lose. Auxerre: What is so afraid of? Mobile: The most afraid of losing money. However, some are afraid that their analysis is wrong, and other countries fear it is missing a big move, or remain in the table money. Auxerre: So, to overcome the fear and risk of receiving similar trade? Phone: Yes, most dealers spend a lot of time to find a way to eliminate risk. We all know that this is impossible. On the contrary, we must change our concepts, and truly learn to accept risk. This may be the risk of loss, the risk of errors that may lead to their colleagues or clients, or risk losing critical step in the right sooner or later, enter the exit, may lead to another worry with the future. Only in this way, when you can really accept all the risks involved in trade will become a better deal. Auxerre: Thank you Martin look at the merchandise trade psychology today. I think that our readers will find his comments interesting and valuable.

Andrew Abraham

The letter a. Abraham @ AngusJackson. The COM

The World Wide Web. AJpartnersinc. The COM

The World Wide Web. myinvestorsplace. The COM

Futures trading is risky. People do not lose money

Tags: Abraham, Andrew Abraham The, Commodity, commodity trade, Ed Sekoyta, Forex, Mark Douglas, market wizards, Martin, Martin Bedick, Psychology, Risk., Trade, Trading