CHAPTER 1Similarities Between Driving and Trading

THE FOREX DRIVER ANALOGY

The fear of driving under adverse weather conditions can have a paralyzing effect on new drivers. Picture a 15-year-old boy inside a car that is parked in front of his house, grasping the steering wheel with excitement. He is months away from getting his driver’s license and being able to offer a ride home to cute and excitable girls. This happens to be an insecure teen, one who is prone to thoughts of remote risks. He now imagines himself driving on the freeway on a rainy day next to a semitrailer truck that is dumping copious amounts of water on his car’s windshield. There is zero visibility at 60 miles per hour. His heart rate is accelerating; his eyes are fixed ahead. ...

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