Du er selv din verste fiende i aksjemarkedet (les også utklippet i høyre kolonne).
Dette står å lese i de fleste bøker som omhandler aksjemarkedet. Kunsten er å være objektiv, ikke være grådig når kursene går opp og heller ikke redd for å innrømme feil om aksjen synker i kurs. Svelg stoltheten og innrøm feil. Husk at aksjekursene er fastsatt av det nåværende sentimentet som eksisterer, ikke nødvendigvis av rasjonelle forklaringer. De som hele tiden leter etter rasjonelle forklaringer bør ikke ha fritidsproblemer.
Dette betyr at kursfluktuasjoner er et resultat av håp, frykt og forventninger av massene når fremtiden diskonteres. Din jobb er å ignorere dette og heller forme et uavhengig bilde av markedet samtidig som du overkommer egne psykologiske barrierer som frykt og grådighet. Frykt fører til panikksalg og grådighet fører til store tap.
Nettopp grådighet er hva som har ført til de fleste tapte formuer. Det er når du tjener penger at du starter å tenke "hvis jeg hadde lånt penger i tillegg ville avkastningen blitt det dobbelte...".
Slik tenker man når man allerede har bokført gevinsten.
Når det blåser som verst på finansmarkedene, er det lett å kaste rasjonelle tanker over bord, akkurat når du trenger dem. Når det er psykologien som råder, er det lett å miste "hodet" og selge på bunn og kjøpe på topp.
Du kan trade på fundamental eller teknisk analyse, "magefølelse", på politiske eller økonomiske trender, eller kanskje innsideinformasjon? Noen gjør det kanskje ut fra håp.
Husker du siste gang du plasserte en ordre? Var du usikker på om du skulle trykke "enter" eller ta av telefonrøret? Var du redd for å tape? Eller følte du deg dum når du solgte med tap? Følelsene til tusener av tradere kan ofte være med å flytte markedene.
Majoriteten av tradere/investorer bruker mesteparten av tiden til å lete etter gode kjøp. Straks de entrer en trade, mister de kontrollen og svever fra glede til frustrasjon. De rir på en psykologisk berg- og dalbane og mangler det essensielle for å vinne: Å kontrollere deres egne følelser. Dette kan virke banalt, men jeg tror at dette er svært vanskelig for mange. Du er kanskje usikker og leser på et diskusjonsforum på Internett at store ting er på gang i Merkantildata. Plutselig sitter du med aksjer i Merkantildata uten å vite hvorfor du kjøpte og når du skal selge.
Du må stole på deg selv: Hvorfor du må stole på deg selv - ikke andre
Flere grunner til å stole på deg selv i aksjemarkedet
Hvor mange ganger har du ikke irritert deg selv over at du har ikke vært fullt investert mens markedet stiger og stiger og stiger...... På forsiden i avisene kan du lese om de som er blitt nyrike og besitter millionverdier i aksjemarkedet. Det er en lidelse å sjekke aksjekursene, der det bare kommer opp blå tall som symboliserer oppgangen. Til slutt klarer du ikke presset mer og kjøper selvfølgelig på topp.
|Dette er hva "Huby" skriver på det amerikanske diskusjonsforumet Elitetrader (uthevinger gjort av undertegnede):|
|".....It takes guts to tell your story. Since you did, I'll go ahead and tell mine. You'll probably get a kick out of it. Maybe we can all learn from each other's mistakes. We should change the name of your post to "TRADER CONFESSIONS". Not that we should dwell on the negative but sometimes it's refreshing to know you're not the only dummy out there who broke all the rules.
I got started in the markets at the absolute worst time. I started at the end of 1999 during the height of the great bull market. I had just finished reading all of Wade Cooks books and thought I was ready to take on Wall Street. (Oh...If I'd only bought "Market Wizards" instead. It's sad but I actually debated between the two in the book store in early 1999. Wade's book looked more flashy so I went with it.)
I read it, then read the others, then paper traded, then paper traded some more, then some more, finally I couldn't take the excitement anymore and had to open my account. I took my life savings of $15,000 and sent the big check off to Ameritrade. I started out doing covered calls. That was neat, but too boring. As I got called out at the end of the month with my profits I would look at the stock I had purchased and thought to myself, gosh if I'd only bought those calls instead of sold them I would have really made a killing. So I started buying all the calls I could on all the hottest tech stocks.
By the time the Nazdaq hit 5,000 I had turned my $15,000 into a little over $30,000. I honestly thought I would be a millionaire by the time I was 30. I was 26 then. I was a complete MORON! I even remember making a bet with my friend that the Nasdaq would pass the Dow within two years! Ha! (Guess I'll be buying him dinner pretty soon). Making money like that was the worst thing that could have happened to me. I would have been much better off starting in April of '00 and losing half of my money right off the bat. It would have humbled me.
When the market did turn down, for some strange reason I didn't think buying puts would be that good of an idea because the markets would surely turn around soon right? One day while listening to Wade Cook's tapes in the car, I learned about selling naked puts and how it was "impossible to lose" with them. This was just the strategy I needed for those volatile times. NOT!
To make a long story short, I rode my entire account into the ground within 4 or 5 months. The worst part was that I didn't tell my wife. I was a little stressed to say the least. So I borrowed $15,000 from my grandma so I could have capital to earn the money back. If I could just go back to what I was good at...buying calls, I could earn the money back. RIGHT!!!! I lost all of her money within another two months. Mostly because I put almost all of it in one trade. Intel-September 2000 calls. Take a look at a two year chart. You'll understand. To top things off, I lost my $70,000/year job at this same time. Now I wasn't stressed. I was comatose! I seriously wanted to kill myself. I would never do it, but I honestly hoped everyday I would get hit by a large semi truck and die. I wished I had never heard of the stock market and I was determined never to return.
About 3 or 4 months later I was visiting my wife at work when I noticed that in her same building was a company called "Bright Trading". I wandered up there out of curiosity and there met a man who had made over a million dollars in 2000 trading stocks. I couldn't believe it. Here I had about killed myself because of the stock market and this man had made a killing somehow. I was determined to find out what real trading was all about.(By the way, the man I talked to was the manager who has been a professional trader for about 15 years and I don't have any connection to Bright-this is just how it happened).
I've since read every book I could get my hands on about trading and have studied my butt off trying to learn this amazing career. I've worked two jobs all year to build up some capital to trade with and in the last three months I'm happy to say I've turned $12,000 into $16,000. I'm light years away from where I want to be, and I am truly a beginner, but at least I don't want to kill myself anymore and I'm on the right track. I've got a real broker and equipment now, and I've learned important words like "stop loss" and "risk management". Hehe. I don't think those words appear at all in any of Wade Cook's books. I can't beat myself up over my losses. In fact, to get over it psychologically, I printed up two diplomas for myself. One in losses, and one in hard knocks. Hey, I have a double major! All it is, is tuition money people.
I'd like to thank all of the traders here who offer their honest advice and support. It is wonderful to have a community like this where we can all grow together. Hopefully someone can learn from my mistakes as well. Good luck everyone, and don't EVER, EVER, EVER GIVE UP!!"