not necesscelery... you could be an elite trader or elite anything and experience anger.... b/c shit happens......
anger is being bugged about something and hanging on to it,usually you were wronged and any push of that button will trigger it,the our father has a part, forgive us our sins as we forgive others,very wise to practice this,by forgiving others ,we learn to forgive ourselves,it should be a daily ritual,do it every time you use the can,it'll become second nature and you won't be carrying around built up grief
Wow, i just lost 100kâ¬. Now i am very angry. I know what i did wrong. Very angry... Now, i make 200k⬠back, you can bet your ass on it. I dont make any mistake any more. Fuck
Anger sounds like whiplash to me in this case. Good luck with not making any more mistakes. Rande Howell
I used to get angry/frustrated/hopeless when I believed that I should expect to win on the next trade and the market had other ideas. Now I enter a trade expecting to lose and have a plan in place to make sure that the loss is fast and small. When I get a winner it's a nice surprise and wait patiently for my cue to exit with a profit. Sometimes that cue just doesn't seem to come for weeks/months ... and in the meantime ...
WTF ??? How can you trade to expecting a loss ??? I trade to WIN, and so you should do, too !!! Its better to expect to win. A winner should never be a surprise, it shoud be boring standard. Why the fuck do you trade, to be surprised, when you make money ??? I dont understand your post. it seems pretty crazy to me !!! sorry
trading to not lose big vs. winning big is very profitable way of thinking and has longevity. all the great hedge funds of the past 30 years have invested in controlling loss first. most managers and traders with outsized returns one year inevitably lose it all.
Greeting HTF, I believe you've misunderstood Dr E's meaning and intentions, as I understand them. I believe that what he meant is that; when he places his trade, his mode of operation is to immediately; "turn to the defensive", in that he is immediately preparing to manage a loss. He is not "expecting to lose" on the trade, per se. However, his modis operandi is to prepare to move to the defensive, to immediately expect to manage a loss. And since his center of attention is focused on managing the loss, a sudden move to profitability is often a welcome surprise. And that is a very highly effective Risk Control Strategy. Dr. E, please correct me if I am mistaken, and accept my apologies. KDASFTG