The day to day psychology of a trader

Discussion in 'Psychology' started by smallStops, Feb 19, 2015.

  1. Can the trading screen be called the complete HUMILIATOR ? :D:D:D:D:D:D:D:D
    Anyway, till the person gets it.

    Now, if the trading screen is the ultimate HUMILIATOR, as it is a mirror to the trader's psychology and plays with the traders' deepest wounds, now it makes sense
    that some questions of 'evidence' can be extremely upsetting... no punt intended.
    These are some thoughts about trading psychology.
     
    #181     Apr 12, 2015
  2. Trading obviously is not for the easily humiliated.
    Anyway, the trading screen eliminates easily the easily humiliated.
    Ego, ego , ego. Cry me a river!!!!



    Imagine if the referee had asked Germany to tone it down:
    do not humiliate Brazil too much!!! LOL

    Quiet amazing what sport teaches traders : humiliation.
    Can you take it, or do you prefer the trading screen to teach you
    to swallow some humility? It's a shame that the trading screen
    does not have referees to say "stop the humiliation, you are warned"!!! LOL
    The beauty of trading!!!!
     
    #182     Apr 12, 2015
  3. Let's analyze here what we can learn in terms of trading psychology from this humiliation
    that Brazil went through.

    What characterizes TOP traders ?
    The ability to withstand humiliation: taking losses , losing money but at the
    end coming out a winner. That is what trading is all about: swallowing
    any humiliation to come out as a WINNER!!!!!
    Their extreme humility.
    How do we recognise a trader ready to blow up???? :D:D:D:D:D:D:D:D
    lack of HUMILITY.
     
    #183     Apr 12, 2015


  4. Let's look at the real reason traders become rogue :
    at what stage can we see Nick Leeson fears ?
    what about the real reasons behind the fears that lead to big losses :
    humiliation and pride.
     
    #184     Apr 12, 2015
  5. Looking to Nick Leeson, we find the same aspects as for Brazil's humiliation

    For the "humiliated"

    - nobody thought that this is how it would end ( very old respected bank finished)
    - nobody saw it coming ( indeed)
    - any expectations of winning eliminated ( indeed)
    - sort of entitlement/complecency ( because he was so certain: success
    went over his head). The good thing about the film: it shows it.

    - shock ( bank managers reaction during interviews like the Brazil public)
    - heads dropped ( bank managers reaction during interviews like the Brazil public)
    - mouth opened wide ( bank managers reaction during interviews like the Brazil public)
    - silence ( the bank managers were indeed silent, like the Brazil public)
    - crying ( not shown, but interviews shower bank managers crying their lost 'status')
    - sadness ( bank managers reaction during interviews like the Brazil public)

    - Proud / Pride ( in football) : yes for Nick Leeson. Pride ( it was not just happiness)
    - Very Embarrassing ( bank managers)
    - Complete humiliation ( could not keep this old institution's prestige)

    - take a long time to get over what happened


    Just a reminder about this trader:
    - got arrested by the Police
    - jailed and developed cancer
    - the "love of his live" married her new love of
    her life when he was in jail ( she never bothered
    to go and see him, nor informing him herself
    about her new love life).



    Why do people fear failures ? losses ?
    behind it fear of the experiences of humiliation:
    they want to avoid it at all costs.

    Now, it is clear that humiliation and any theme around humiliation
    are linked to experiences of Losses that hit the Pride, aka
    the form of Idolatry that concerns idolatry of the self, or of
    anything associated with the self.

    Trading screen: ultimate HUMILIATOR.
    No wonder many can not make it.
     
    #185     Apr 12, 2015
  6. The Nick Leeson after the losses, the jail, the new "private life" and 20 years later:


    Funnily enough, now I'd be astonished that even given the opportunity
    he'd blow up again.
     
    #186     Apr 12, 2015
  7. Never thought that looking to "idolatry" in regards to trading,
    is really about understanding what humiliation is all about:
    Just a "God Sent" way to tell the "humiliated"
    "sorry, you are not God"
    "sorry, you are worshipping the creation and not the Creator"
    ( God as the one who created ALL things
    God as the one who existed before anything was created
    and God as the one who will exist after anything will be gone)

    Idolatry calls for "God sent" humiliation: makes sense.
    Self-idolatry calls for "God sent" personal humiliation : make sense
    that a mere trading screen can be the ultimate humiliator.
    Pride and Trading = failure guarranteed.

     
    #187     Apr 12, 2015
  8.  
    #188     Apr 18, 2015
  9. Deontology: it looks like with some deontology related to trading ,
    the person who looks like ( may be one of your trading colleagues or security trading colleague or rogue trader security personnel)

    https://www.google.fr/search?q=jean...=uWwyVcyiF4jA7AbDuYCgDA&sqi=2&ved=0CAgQ_AUoAw

    seems to have confused me with someone else.

    I have never before actually met or had anything to do with anyperson who looked like above:
    never traded with someone who looks like above
    never discussed trading with someone who looks like above
    never socialised with someone who looks like above

    This type of person actually tried to push himself, the first time, into assuming I have had anything to do with himself , when I was in Malaysia and about to travel for the first time to north africa for some trading related psy training.

    Now his second time is yesterday at the milk-the Halles. They do have
    CCTV camera for you to check that one person looked like him.

    Please let this person know that he is confusing me with someone else:
    sorry for him as obviously he too has been taken for a ride by
    one person who certainly did not want to have anything to do with him.


    Also, my trading friends are or 100% Jew and 100% Arab :
    none of my trading friends are "tanned skinned" where they could be confused for Jewish or Arabic. So from my side no chances of confusion. His outrageous statements and rouble rousing
    was actually annoying and extremely vulgar. Having now worked on my
    trading psychology: I consider this type of individual as bringing a type of
    energy I do not aspire to be surrounded with.
    So thank you for handling your "issue" , aka this guy, who is confusing me
    with someone else.


    Now for peace of trading psychology :
    confusion is a no no in trading.

    Thus I have to :
    - dejunk psychologically from this experience
    - remove from my energy field the mindset of this individual

    This psychological work will take time, thus, I have justified
    why I should this week do screen watching and actually not take
    any trade.
     
    Last edited: Apr 18, 2015
    #189     Apr 18, 2015
  10. :):):):):):):) A reminder for safety :):):):):):):):)
    1) can the person trade?
    2) can the biometric passport be checked through airport ?

    All the rest : nothing to do with me if you got taken for a ride.
    One would have thought that people would be extra careful with impostors
    and sosies. But may be some people assumed that the
    "spirituality" thread was pure speculation. Well, you at least tasted the
    effects of impostors.

    Thank you for taking care of ID theft or ID substitution.
    Peace;)
     
    #190     Apr 20, 2015