MN, you have jut described the classic "sucker" mentality, which is the way most feel when trading. You don't need to know WHY you made the error, and, what you NEED to DO is not let the error happen again:eek: Prevention is the best cure, so, KNOW what YOU must do in order to win, and, if that requires some losing trades, then so be it Rome was not built in a day You can have 4 losers and 1 winner, and, still make GOOD money TE
I understand. I see where you're coming from. I've been meaning to check the God Delusion out for some time. The Selfish Gene sounds like a good one as well. I guess I'm thinking more along the lines of errors in human coding, DNA. There are actual errors that occur within the double helix. The building blocks of life make use of a mechanical system. A mechanical system is one that has exact steps in order to complete the process. In mathematics, another mechanical system, if you mess up on one of the steps, you will get an incorrect answer. So the system is in place but the pieces don't always fit. It wants to work perfectly every time, verifying each step in the process, but that just isn't the case.
I brought this up initially to talk about the use of mechanical systems in trading to avoid emotional pitfalls.
I do agree religion is bullshit , but I do know 100% beyond doubt god is real along with spirits, and an afterlife. Any of you had a Near death experience? I have. Read up on them. The contrary would say that a chemical was released in my brain making me hallucinate as a natural part of death. There is NO WAY that 1000's of others had a VERY SIMILAR experience . The blind from birth being able to explain things that they SAW in their NDE proves to me that I wasn't just hallucinating. Atheists becoming believers after an NDE says i wasn't hallucinating. Calling of a loved one to "home" or heaven. Being with god and viewing your life with him and seeing and FEELING how your actions affected others. It was real and god made it clear to me that my purpose on this earth was to love and help others. Life is that simple. Love and help others. I don't care if you guys think im crazy now but it is what it is and I tell it like it is. I would also like to add that when my grandfather passed away, the grandfather clock that was broken in their house for 15 years went off while they were carrying his body out of the house. Coincidence , HELL NO it wasn't a coincidence that a borken clock for 15 YEARS decides to ring like hell again on that day.
Haha! I think everyone needs to have a good slanging match on ET every once in a while. It's a form of therapy and i'm glad the mods just let us get on with it. Here's to the ET mods, long live the therapeutic outbursts.
You seem to be predisposed towards spirituality, prefering supernatural explanations instead of physical reasoning. By all means think that way if it gives you comfort. Regards R
Buy dips, sell peaks... it's a very simple statement but it contains a lot of truth. Dips are hesitations in a trend so it's saying to trade with the trend only... and only at safe times... bet on sure things pretty muchly.. and it's very mechanical once you watch charts enough... Let winners run and cut losers short... that is fairly profound really, it points to the need for the knowledge of where to place stops and how to interpret a trend and know when it's ending.. that my friend is not so easy to discover but once you crack that one it's very simple and very mechanical also...
Do you suppose that physical reasoning outranks supernatural explanations? By all means, think that way if it gives you comfort.