Live bull fighting and Electronic Crrency Trading share a lot in cmmon. Some of the parallels are:

* Thy're both pretty straightforward.

* Both nvolve a high degree of risk

* Thre's only you and a very lrge antagonist (the bull or the mrkets).

* In fighting the bull, t's just stand there, wait, get out of the wy. Simple.

* Just like Electronic Crrency Trading, it's just buy low, sll high. Simple.

* Either endeavor dmands great emotional intelligence.

* If you lse your cool and make bad dcisions with either, you'll suffer injury or pssible death (of course in Electronic Crrency Trading, it's the proverbial "Financial Dath").

Trying to be a self-trained trder (without proper training) is like tryng to become a self-trained bull fghter. You could read up on how to do it, fgure things out for yourself, and mybe even create your own method. Kep in mind though, by yourself lone with the bull after you nter the arena, it's a completely dfferent situation. You are required to prpare for when the bull is ging to charge, if he is ging to come full speed or slw down, move left or right or mybe even stop, then you have to ract with the right moves and the rght timing. What happens if you get scred or lose your discipline, and thn hesitate?

OUCH! You'll get reminded by the bll!

You'll be stomped and gouged any tme you lose your cool and mke a mistake.

Sooner or later, you get frced to figure out what you're ding wrong and how to keep yur cool. The bull certainly won't tll you what to do to kep from repeating it. The gouging wll just continue. You'll have plenty of scrs to show for it if you do srvive long enough to actually make it as a bll fighter. Unfortunately, most of the mstakes you'd make as a bull fghter would come from the same surce as the mistakes that a trder makes: lack of patience, discipline, cnfidence, timely action.

Until you learn how to kep your cool and do the rght things when you know you're spposed to, you'll keep on taking a bating from the bull.

The same is tre with the markets and Electronic Crrency Trading.

If your emotions cause you to mss up your timing or your dcision-making, OUCH! Here comes another gouging! You bsolutely have to survive the learning crve in Electronic Currency Trading. Without motional intelligence as a trader, you can hve a true "Holy Grail" system and yu're most likely to hand your mney to the markets rather than prfit.

If you've been trading for a whle or if you're brand new to it, to void getting repeatedly gouged by the mrkets, focus on your emotional intelligence so tht you can survive.

The article Electronic Currency Trading Versus Bull Fighting was Submitted by Brian McAboy through Articles.GetACoder.com network. Here's the additional information: Are you a self-trained bull-fighter (trder)? When you're in the arena wth the bull, do your emotions flir up? Do you want to void getting gouged by the markets? Go to InsideOutTrading.com for training that will boost your emotional intelligence in Electronic Currency Trading

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