TEB is arrogant, he knows everything better. He sees all other people on ET as children or idiots that have to be saved by him. He is a master in copy and paste. He has no real experience so he is copying from internet and posting youtube clips. He needs all this activity on ET because he needs confirmation from us about his (imaginary) "superiority". People who need that are in general people with very low confidence and a very low selfesteem. They think they are losers and try desperatelly to find confirmation they are not losers. Maybe he should first learn about that psychology before teaching others.
The trolls are on the attack , another subjective thread will soon be polluted.These trolls have a need to control content and attack subjective posters and posts. I enjoyed reading more from Surf and nothing from you.MTRADER http://www.eminimethods.com/why_trading_forums_suck_article_46.html
the ability to do research is not a skill exactly prevalent on ET. there are a lot of ingrates on this board. you should be thanking TEB for his efforts.
ah, I'm just mad at myself, should know better by now. Sorry if I took it out on others. Self Sabotage is real. Usually for women manifests in marriage. Especially if the husband treats them better than they think they deserve, but it's the kind of good treatment they never really liked, they just pretend to like it because the husband liked them. Like the man said, you'll get out of the market what you want out of the market and that may not be money.At anyrate, nothing in my life has anything to do with what I deserve. If it did I'd be dead. But for many years I would not allow myself to flourish as a trader. I would often become unreasonably generous or pretend to be a miser complaining about every penny. Anything but reality. Plus, I have very little interest in the things money can buy, even though everything I own is the best. Trading can be so lonely and almost impossible to talk about with anybody that is not in it. It's never about the money, but if the money represents something you don't think you deserve you will sabotage the money. That's why I say for me the relief came when I had screwed up so bad and was still alive and realized NOTHING has anything to do with what I deserve. Thanks for listening.
Call it what you want but most people cannot stick to their own plan. The winning traders I know (and I don't know many) do not try to be disciplined and stay on plan. They don't show any outward signs of frustration following a plan. They simply follow it and refine their edge. 90%+ of traders are lazy and not willing to put the work in or even worse don't know what to work on. You can call it self sabotage but it boils down to the same thing. Reasonable edges are fairly easy to come by if a trader is willing to put time in and study a particular market nuance. For example you could study the nuances of false breakouts or market gaps. The hard part is staying disciplined and only trading when your conditions are met and sticking to the plan. GL
The sabotage has little to do with trading or the edge or the plan. It will give your money away after you made it or prohibit you from spending any of it if it can't just stop it from materializing in the first place. Obviously, you won't know it is sabotage until you have something to consistently sabotage. Kind of hard to sabotage failure. How would you even know what was sabotaged?
I had respect for you TEB, until you posted the video link with the angry computer guy and thought it had anything to do with trading, or day-trading. That video-clip is so old I am surprised you fell for it and got suckered in. Guess you have not been on the Internet for very long. It's at LEAST 20 years old. Lots of electronic day-trading was going on back then, that's for sure! On Windows 3.x/Win 95! TEB, thanks for the cool videos that have nothing to add to the value of your posts, but rather detract from them! P.S. People in the background are laughing. Was the guy really angry, or was it staged? Hmmmm!
Every trader self-sabotages themselves...it's kind of human nature -- inevitably, along the long journey. But generally speaking, it's more abundant amongst the beginners
I know this video is old , I have been here over twenty years .The orignal video had nothing to do with trading .I don't deny it. The pupose of this video was to show you , how frustrated traders become , after a string of losses , the market frustrates you and annoys you and sucks you into revenge trades .You can see frustration , anger , desire in this video and you can see self sabotage.This is exactly what real day traders experience , you would not know this because you winners " the forum winners " , who know nothing about real trading or experienced it. Once again it shows you ignorance about real trading , because all those links and videos are the relevant explanations , of the cause leading to self sabotage.You are not a real trader , so you have never experienced them , so you will never know why. I don't need respect from forum winners , I know these types OF SUCK UP PROFESSIONAL TRADERS and why they hang around forums. The same apllies to another person called MIT TRADER Even a bunch of chimps can make better subjective discussions than you lot.These videos are discussions on the real pschology subject of self sabotage .
the few winning traders i know dont self sabotage themselves. Sure they take losses but they believe in themselves, they trust themselves to protect their account.