Subscribe to Our Free Newsletter
 


HOME
LOGIN
SUBSCRIBE

Strategy Information

Subscriber's Q & A
Pro Timer Strategy
Conservative Strategies
SmallCap Fund Timer
Bond Fund Timer
Gold Fund Timer
Sector Fund Timer
U.S. Dollar Fund Timer
ETF & Stock Timer
Stock Market Timing
Testimonials

Subscriber Reports
WEEKLY COMMENTS
Editor 's Report
ACTIVE STRATEGIES
Sector Fund Timer
SmallCap Timer
Gold Timer
CONSERVATIVE
Conserv. S&P Timer
International Fund Timer
Conserv. REIT Timer
Diversified Timing Port.
AGGRESSIVE
Bull & Bear Timer
ETF Timer
Bond Timer
U.S. Dollar Fund Timer
Stock Timer

About Us
Subscriber Support
Email Policy
Terms of Use
Privacy Policy
Prior Commentaries
Editor's Blog
Site Map

Subscriptions
Free Two Week Trial
Free Timing Newsletter

 


  •
      Weekly Report from the Fibtimer Stock Market Timing Services


The Perfectionist Trader

Perfectionism may help some people succeed in many other careers. It is often the difference between success and failure.

We have all been brought up knowing that we must strive to be all that we can be, and to put everything into achieving our goals.

But perfectionism can be fatal in market timing (and all trading). Ironically, it leads neither to higher performance nor greater happiness. Anyone who approaches the financial markets with the intention of winning on every trade, or even on most trades, is in for a huge surprise.

Perfectionism can destroy your enjoyment of market timing. The perfectionist needs to be a winner in all or most of his or her trades. A losing trade may escalate to a panic-like state. It can even cause you to miss buy and sell signals out of fear of the results.

The drive to be perfect becomes self-defeating, as the individual often places the intense pressure on himself, which can become crippling.

Fear Of Failure

Probably the biggest obstacle to overcome as a market timer is the fear of failure.

If you have a perfectionist mentality when market timing, you are really setting yourself up for failure, because it is a given that you will experience losses along the way.

"...most buy and sell signals are generated when the prevailing sentiment is the opposite of the signal."

If you cannot take a loss when it is small, because of the need to be perfect, then the loss will often grow to a much larger loss, causing further pain for the perfectionist market timer. Holding onto a losing position, in hopes that it will return to break even, is a sure fire path to losses


Fibtimer FREE MONTHS Offer!

Conservative S&P Timer
Ranked #1 on TimerTrac.com
Bull & Bear Timer
10 Year Results

Fibtimer Timing + 284.4 %
3 Year Results
 Fibtimer Timing  + 57.4 %

Sleepless nights as your investments are consumed by a volatile Wall Street? Consider Fibtimer 's trend trading services. Our trading plans are unemotional and are always invested with the trend, which ever way it is headed.

Fibtimer 's timing strategies MAKE MONEY in BOTH advancing & declining markets. No more sleepless nights. No more upset stomachs.

We profit year after year after year. In fact, we have been timing the markets successfully for over 25 years.

Join us and start winning!

We are currently offering 2 or 3 FREE BONUS months to new subscribers.

Special Offer - CLICK HERE NOW



Trying To Control Uncontrollable Factors

Perfectionism causes timers to attempt to control uncontrollable factors in a trade (examples are; waiting for all the risk to be out and everything to look perfect, hoping or "willing" a better outcome by doubling down on a loser, cashing in on a profitable trade too quickly to be able to assure a gain, and many more).

When a market timer focuses on such uncontrollable issues, he or she is more likely to tighten up and not be able to pull the trigger when a new buy or sell signal is generated.

And remember, most buy and sell signals are generated when the prevailing sentiment is the opposite of the signal. That makes them harder to follow. But follow them you must if you wish to succeed.

Profits Are Achieved Over Time

We must remember that when timing the markets, it is the "total" gains achieved over a period of time that makes you a winner. Not any single trade. In fact, if losing on a trade is something that will cause you to second guess your next trade, you are very likely to lose money over time.

Perfectionism will eventually cause you to second guess and skip trades. It will grow into a fear that will hinder your ability to profit.

The only way to conquer fears. To control the emotions of fear and greed which make most traders lose in the financial markets, is to follow an unemotional timing strategy.

This is what we do here at FibTimer. Unemotional strategies that follow trends will never miss any sustained trend. This is why committing to a tried and true timing strategy is the only way to win in the financial markets.

When following a strategy, you are not swayed by fear or greed. You cannot be moved by perfectionist tendencies. The strategy makes the decisions. Emotions are avoided. But you must commit, in order to succeed. Bypassing one's ego and committing is tough to do. But in doing so, you beat the market and profit.


Recent articles from the Fibtimer market timing services;

© Copyright 1996-2019, Market Timing Strategies, Inc., All Rights Reserved.     

Fibtimer reports may not be redistributed without permission.

Disclaimer: The financial markets are risky. Investing is risky. Past performance does not guarantee future performance. The foregoing has been prepared solely for informational purposes and is not a solicitation, or an offer to buy or sell any security. Opinions are based on historical research and data believed reliable, but there is no guarantee that future results will be profitable.


Top of the page

 

© Copyright 1996-2019 Market Timing Strategies Inc All Rights Reserved

Design by LightMix