Uncertainty in trading can be stressful for many traders. If stress is not properly managed, it can cause emotional issues like depression. So, it must be properly managed.
One of the many things that makes trading difficult. It's one thing to keep an eye on the markets but to have to constantly monitor your own psyche as well is much harder as it requires brutal honesty.
It certainly tripped me up. I put way less attention on psychology than it’s due when starting out. In many ways experiencing liquidations early in one’s career is a blessing. The mental hardships if one experienced early success due to mostly luck and timing would be brutal.
%% They sure are worthy of a visit: BA,Argentina , Cordova ,Jesus Maria tiny town, hi volume dove harvest. Uruguay, Montevideo, same good scenic trips. This month I'm reading a Cat + Hat type book since some tried to outlaw them\LOL = Bears on Vacation Stan + Jan Bere..... cover pic= Bears[ big bear\ little bear]surfing a rally wave
Really? Damn.... that's impressive. You hunt doves Murray? I can count on one hand the number of times in my life that I've went hunting.. but one of them was dove hunting. College buddy, took me to his old man's hunting club or something. So they stick VZ out in this field with some kind of damn rifle, and I sit there for hours and don't see a damn bird. Then I saw them. BAM! Some guy at the other end of the field starts shouting something at me.... I couldn't hear him, but I missed the birds. Then a few minutes later... uh-oh... here they come again.... same birds. BAM! Well this cat starts screaming like a mad-man this time. He jumps in a pick-up truck, drives over to me and said "I TOLD YOU>>> DON'T SHOOT THE DAMN PIGEONS... WE RAISE THEM! Well... two things bucko... One, how the f am I supposed to know the difference between a pigeon and a dove? And two... who the f raises pigeons? Oh well.
the depression wasnt from trading uncertainty. I'm a physicists and study zen, Im ok with uncertainty
Yep. absolutely true, I havent lost a dime trading since 1999, well, if you could the 401k crap i had with various employers over that timespan but I dont work for other people anymore and I tell hedge fund recruiters from selby jennings when they keep spamming me. they cant comprehend being self-sufficient
%% ITS the same family; most shoot both+. Adding to the complexity, most shout '' over'' if they see the doves or pigeons coming @ your blind spots. The game warden said to the little girl ' 'honey go ahead +tell me who shot all those doves you have,'' in some states you have to write note if you give someone birds + limits usually apply anywhere but So America or Mexico. The little girl felt badly[depressed a bit] because the game warden did not believe a 7 or 8 year kid could shoot all those. But then her dad made a play on words+ shouted ''OVER,'' Some doves flew over + Kim Rhodes [olympic shooter] got a double , 2 birds with 2 shots. t The game warden\ shocked @ her shooting skill said ''have a good day honey''