Psychology Debate in Prop Firm Office

Discussion in 'Prop Firms' started by trader1523, Jul 28, 2009.

What percentage of trading is Psychology vs technical

Poll closed Aug 11, 2009.

  1. 90% psychology - 10% techincal

    12 vote(s)
    22.6%

  2. 80% psychology - 20% techincal

    10 vote(s)
    18.9%

  3. 60% psychology - 40% techincal

    9 vote(s)
    17.0%

  4. 50% psychology - 50% techincal

    7 vote(s)
    13.2%

  5. 40% psychology - 60% techincal

    7 vote(s)
    13.2%

  6. 20% psychology - 80% techincal

    6 vote(s)
    11.3%

  7. 10% psychology - 90% techincal

    2 vote(s)
    3.8%
  1. marketsurfer

    marketsurfer

    unless you have serious damage about money, psychology has little to nothing to do with your success in the market. however, most who are attracted to this game are damaged as evidenced in good results on simulator, but losing with real capital....

    scared money rarely wins, is the common adage.



    surf
     
    #11     Jul 28, 2009
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  2. IanMacQuaide

    IanMacQuaide

    You're being VERY clear, at least to me. I totally agree with your assesment of the 2 different mindsets you've described.
    To go one step further, I'd say the difference is-- 1 group has been told all their lives "You can't do that", and the other group has never heard that phrase.
     
    #12     Jul 28, 2009
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  3. Redneck

    Redneck

    > 90% Psychological

    BTW - I trade to make money… and I have absolutely no compunction about that fact whatsoever

    Regards

    RN
     
    #13     Jul 28, 2009
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