You should stop trying to be a trader and be some professional pop smoking poem-reciter hitting midnight coffee shops. What the fuck is this? We have cynical mofos(making themselves to a skeptic...) and suddenly we have Hare-Krishna Bongo hittin' monkey talking about some romantic rag-to-riches drama.
Is there anything wrong with a trader being romantic? If not romantic, many consider trading a glamorous profession.
1. Hands tremour... legs shaking = Anxiety. OK... google why those things happen. Or watch Sopranos... if trading or making money conflicts your past traumas, you shouldn't be trading to start off with. 2. Having the best discipline (Money Management... etc. etc. ) doesn't make an invalid (unprofitable) model/system/methodology/technique work. 3. Skills and experience provides you with clarity. Some retarded monkey see a large surge in the market... he starts blaming it on GS or high frick... or thinks that it's some psycho-babble reason for not getting out early enough. An average trader sees a large surge in the market, he knows that there was econ. number coming out or the market rebounded from a Delta-5+ Gamma between cash and options... History somewhat tells that humans start doing some crazy shit like witch-hunting or human sacrifices towards something unexpected and unknown. http://en.wikipedia.org/wiki/Fear_of_the_dark Finally. What's interesting is your analogy. Let's say I give in a bit about hand tremor and shaky legs. If that is really the case, I'll prolly just build a robot that does the same swing over and over again (You see it on infomercial that test who's golf clubs are better), while I build the game plan in which the robot should be played with. Though, most of systematic trader/automated traders lose as much as the discretionary/manual traders. Oh... the profanity (here it goes)... You're fuckin' retarded monkey who's too stupid to understand my posts and nit-picking phrases (just like selection bias) but in an intellectual sense. FUCK OFF!!!!
What's glamorous about trading? If I was going for romantic, I'd go for a movie star. If I was going for glamorous, I'd go for a rock star. What's all that romance and glamor supposed to help you with making money? Stop fantasizing and live in the real world. Oh wait... do you romantisize about your relationship between the market and yourself? Do you find Hedge Fund managers to be living a glamorous perfect life (whatever that is)? Well... not to be so much psycho-analytical.... who are you trying to prove a point to for making money? Yourself? Others? Again... the profanity... FUCK OFF, guys like you being around is why all these cynical fuckers roam around ET telling people that you can't make money get their way around. Fuckers like you replying and denying them with some half-witted / dreamy expectations is the sole reason they're around!!!!
The problem lies here.... You prolly went to school to pass a class. You went to a university to get a better paying job or because your parents wanted you to go for your resume.... Who knows... based on what you mention, I guess it's the reason why most of the people goto school.... In rare occasions, people goto school to actually learn something. Taking a test for you is about grades and getting things right. For some people, it's to "test" that you're actually learned something, confirming the objective by answering them. You (and, I guess many) do the same things based on different objectives. It's not a matter of being programmed, it's doing something for the sake of some kind of reason. Somewhat tells me... you're still trying to be "right", considering you dualism conclusion of of counter-learning. It's not a matter of having a counter-thought, ying/yang, masculine/feminine, plus/minus... Out of the black/white, you have red/blue/yellow/etc.etc.... there's lesbians, trans, gays, pedos.... there's mult./div/mod/sqr/etc. etc. Seriously, you sound like a loser systematic trader, telling a newbie to fade a model if it starts losing money.
I believe a person can cope with these if they take time to dig deep and find the sourse of the problem. Hence, my insistance on the importance of psychological factors. Agree 100%. However, firm discipline combined with good money management can help make the most even of a marginally profitable methodology. It's interesting that you bring up something that in the case of a trader is again a psychological issue. If a trader cannot accept a loss simply as the cost of doing trading as a business, they think a loss is someone's fault. As most people are reluctant to blame themselves for their mistales such as lapse of discipline, a trader would try to find and external (even imaginary) force to blame. Not very much unlike witch hunt when people blamed supernatural for poor harvest and other difficulties. Thanks! Is this the golf robot you have in mind? Or this one? I haven't seen the infomercial where a robot is used to compare clubs. Anyway, suppose robots were permitted in golf competitions. A player would still need to position the robot near the ball, calibrate it in some way (the robot doesn't see where the target hole is - it just does a perfect swing). It would also be up to the player to choose the route when the hole is not achievable in a single swing. Even if the robot takes care of the perfect swing it's still up to the player to pick the optimal route to the next hole, choose the direction of the next hit (knowledge of golf, skill), and not to mess all of this up, not to take annecessary risks (discipline, psychology). Similarly, even if one has a good automated system it's easy to mess it up... by keeping it online during extraordinary conditions like a market crash or by taking too much leverage. Finally, what's with personal attacks? If you are having a bad week, I feel for you. We've all been there. Today removed over half of this week's profits for me. On the other hand, in the unlikely event you are trying to make others feel bad about themselves, you should try harder.
Disclaimer: I wrote about romanticism in trading for entertainment purposes only... and to "bump" this thread (still waiting for reply from Talon regarding trading on conviction). I guess I am not in sync with current fasionable trends. I thought pilots and astronauts were romantic and women who strip for magazines were glamorous. If you believe newspapers they certainly are. http://www.telegraph.co.uk/news/ukn...hat-dumb-blonde-jokes-could-be-offensive.html Isn't trading like any other job? You certainly prove to yourself if you make it. Otherwise, it's about doing something that pays the bills and is occasionally a bit of fun.