so inandlong, How'd it go? At the end of last episode, you had one trade going good and the other not so good and you were just about to either pull the plug on the system or go with it even though you thought it was wrong.
tah, no problem. You've reached the part of the internet where people are not very uptight. You can talk about anything you want here. Speaking of hardcash, I was just thinking about something he told me. You know the old saying "No position is a position'? Well, he just said it in a way that sort of sticks with me sometimes. He said, "profitseer, maybe you don't have to trade."
profitseer the good one got better, and the bad one got better too. I'm still in the good one. The bad one, which I should not have been in at all, gave me an opportunity to get out near breakeven, so I did. Call the loss a penalty for jumping the gun. And I'm not even Catholic. For the record, had I held the bad one a little longer, say 10 minutes, there would have been a small profit opportunity but that is neither here nor there. A near brekeven is much better than a $500 loser on a trade I wasn't supposed to be in anyway. It was a long position, and I was lucky. The stock closed lower on the day, but not low enough to make me short. Yesterday it gapped lower and tanked.
HardCash has been talking about how colors affect your perception, trying to tie it into trading...here is what I've dug up... Researchers have found that while the eye responds better to black print on a white page for written text, for some reason, the response seems to be much better on a computer screen for a black background and white text. They believe this is because while a book merely reflects ambient light (and who would read in ambient light that overwhelms their eyes?), a computer monitor actually generates light, and on a white background it's somewhat akin to staring at a lightbulb. We have all heard the SAD stories (Seasonally Adjusted Depression) where a person is supposed to stare at a bright light for a set amount of time each day to help alleviate their depression. Well, this works by a form of sensory overload...the mind is tricked into thinking that it is sunny out, and releases the necessary neurotransmitters to give a 'sunny' disposition, as well. So, while staring at a bright white computer screen may mentally stimulate you, it very well could overstimulate you (leading to impaired judgement in trading). The resulting losses would seriously depress you. Conversely, a black background would not stimulate you, leaving you depressed anyway. We just can't win, can we? Seriously, though, research show that the color yellow is the hardest for the eye to perceive, and the color green is the easiest. As for the mentally soothing or stimulating qualities of colors, they've found it to be more a factor of the color's brightness and saturation than the actual color. (i.e.: a bright red is mentally stimulating while a dull red is not, a dull blue is soothing while a bright blue is not).
dont get me wrong, but that was not my subject. your points are interesting, but for me you ere talking about perception. i wanted to point to the theme of individual subconscious settings, which are rarely know in full, but might dictate a lot of individual behavior or better non-behavior and can be influenced negative or positive by colors perhaps...think of "blockades" or something trading