Effective Trading Stress Relievers

Discussion in 'Hardware' started by Sprout, May 18, 2018.

  1. tommcginnis

    tommcginnis

    Effective Trading Stress Relievers?


    A good exit plan.


    (Jeez you guys! :rolleyes: )
     
    #11     May 18, 2018
  2. Stress is the minds way of telling us something...

    What is it trying to tell you, OP?
     
    #12     May 18, 2018
    tommcginnis and CSEtrader like this.
  3. I see you're an SCT guy, op.

    as you know, the routine is designed to prevent stress. so stress induced from SCT occurs when we get too far down the rabbit hole for our present level of skill (i.e. we jump fractals)

    easy way to resolve that though (as you know)

    so the mind lets us know we might have wandered a bit. it shows up as a tell in the form of "stress"

    because the routine ensures that you know where you are and where you are going

    so listen to it. embrace it. it is part of the routine and it is an opportunity - not a barrier.

    best to you
     
    #13     May 19, 2018
    Sprout likes this.
  4. effective or best trading stress relievers?

    (1). Profits. Not only takes stress to zero, then to minus by releasing endorphins

    (2). No 2nd place contender
     
    #14     May 19, 2018
    CSEtrader likes this.
  5. schweiz

    schweiz

    IMHO wrong.
    You need a good ENTRY plan. From start no stress.
    If you have no good entry plan you will have automatically stress from start. Stress is the result of an open loss. Stress is reduced with an open profit.
     
    #15     May 19, 2018
    CSEtrader likes this.
  6. Disagree. You’re paid ONLY at the finish line. Ask Usain Bolt (poor starter). Best pros I know buy only the higher high in an uptrend, a terrible entry by your standards, but their exit is where they really shine


    https://www.moneycontrol.com/news/b...e-important-than-entering-it-2379431.html/amp
     
    #16     May 19, 2018
  7. #17     May 19, 2018
  8. schweiz

    schweiz

    I disagree. I do what the best pros do, except for the fact that my entry is much better. I get out when they get out. But I have already decent profits before they even enter the markets.
    There are only four different possibilities:
    1. good entry and good exit
    2. bad entry and bad exit
    3. good entry and bad exit
    4. bad entry and good exit
    Mathematically it is impossible to beat a good entry and a good exit.
    The only problem is that you should know how to enter good and exit good.
    Even if I exit worse then the pros, the remaining question is: how much worse was my exit, and how much better was my entry? If I enter 5 points (ES) better and exit 2 points worse, I am still 3 points ahead.

    Trading has nothing to do with Usain Bolt. He is not a trader.
    The fact that you are paid only at the finish line is not a valid argument.
    The essence is: Profits are equal to the exit minus the entry.

    The writer of your article is a broker, I am a trader. Traders trade, brokers don't as they make money as broker. I know a few brokers, not a single one of them ever made money trading.
     
    #18     May 19, 2018
  9. Since thread is about stress ........

    Bruce K. entry is when I see easy money, just walk over and pick it up (80/20 trade), then l place my stop where nobody can find it. Let it run, even for weeks or longer
    Stress = zero
     
    #19     May 19, 2018