Fun from what exactly? Analysis, uncertainty of outcome, profits, proving yourself something? Or none of the above?
What is the ultimate goal? Retire?
So the goal is money, which can provide enough passive income to sustain desired lifestyle, correct? When the goal is reached, would you stop to...
What about the goal for you as a person associated with trading?
For successful achievement of every goal it's extremely important to have a clear understanding of that goal. What exactly you want to achieve in...
Try to be open to as good understanding of as many concepts as I can, doesn't matter if I agree with them.
Catholic by birth, but I researched a lot on the matter since about 14 or so and try to comprehend the best of many religions and spiritual...
I wonder, how do you define idolatry in the context of trading?
Yes, of course, you are right (again, I must say :) ). Whenever it looks like there is a deeper layer of beliefs, work must be done. But often...
Mostly chapter about psychology makes sense nowadays. The rest is a bit outdated it seems. :)
Very true indeed. You are absolutely correct about it.
Thanks for answering. That's a very interesting precedent in light of endless TA validity discussions.
Sorry to disappoint many, but mindset won't help at the roulette table. :)
Agree, in cases when there is a deeper layer of the problem, it better be revealed and sorted out. The common situation, however is that many...
Right, the approach I described is OK when anger doesn't make logical sense, only drains energy out of us and may even lead to uncontrolled...
...associated with some event. Wrote this for more general matters, but surely applies to trading as well to dissociate from recent loss and get...
Which tactics of stop placement do you suggest then, based on your experience?
Do you think the problem is too tight risk control then? Getting out of losing trades too early?
Emotions are signals. They contain information. Analyze that information.
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