Do you yell and scream at the computer if you do a bad trade?

Discussion in 'Psychology' started by profitplay, Jun 6, 2006.

Do you yell and scream at the computer if you do a bad trade?

  1. YES, I yell and scream at the computer if I a bad trade

    46 vote(s)
    37.7%
  2. NO, I stay calm and quite

    76 vote(s)
    62.3%
  1. nitro

    nitro

    Once I very nearly came close to throwing out one of my monitors out a third story window onto a concrete sidewalk.

    But they are expensive and I need them.

    nitro
     
    #11     Jun 6, 2006
  2. and if you hurt someone, it's gonna cost you more money than that trade probably did. :D
     
    #12     Jun 6, 2006
  3. If you truly love trading, then you'll love your losses....or at least try to understand why you lost and improve for next time. And no, I dont scream and yell.

    - nathan
     
    #13     Jun 6, 2006
  4. mnx

    mnx

    yeah I undetstand where you are coming from...

    the worst situations I find myself in are when I'm I've got a bunch of pending orders (for far more size than I ever want to take on) and either the system totally crashes or the worse scenario is when we lose connectivity to a particular route and you can see your stuck order(s) get filled... I once bought 25000 BBY at the high of the day this way... (I lost all my profits for the day and ended up negative) as the stock tanked... the worst part about that particular scenario was that I knew I was filled but didn't actually have the shares on my computer to sell... (as you cannot short on downticks...)

    that folks is frustration. I'm not excusing my childish behaviour but that's the type of situation I find myself in when I lose it...

    happy trading....

    mnx
     
    #14     Jun 6, 2006
  5. I'm like a cold blooded animal when I trade. :D You are destined for failure if you let your emotions get in the way.
     
    #15     Jun 6, 2006
  6. fhl

    fhl

    I've heard of trading rooms where nobody yells and/or curses. I guess it's possible. Just haven't seen it.
     
    #16     Jun 6, 2006


  7. would that have been a 17 or 19 lot short for three points?

    :D
     
    #17     Jun 6, 2006
  8. Andy Krieger quit working for Soros because he'd come in screaming at him when he'd be in a large fx position.
     
    #18     Jun 6, 2006
  9. fhl

    fhl

    The yelling and screaming are only detrimental (to your trading) if they prevent you from carrying out your plan. Some seem to be able to get mad and still do the right trade.
     
    #19     Jun 6, 2006
  10. I keep it all in until I hit the gym
     
    #20     Jun 6, 2006