The day to day psychology of a trader

Discussion in 'Psychology' started by smallStops, Feb 19, 2015.

  1. :):):) Nothing about losing my religion ( on the contrary the faith is much stronger).
    Though the themes can be similar :
     
    #221     Jun 28, 2015
    lawrence-lugar likes this.
  2. But more about getting a better understanding of the "Science of the Mind".



    Now trading wise, not into bothering with "technique".
    It's more about refining market dynamics reading - aka working on the mind.
    And the mind is a beautiful trading edge.
     
    #222     Jun 28, 2015
  3. I am thus listening quiet a lot of gregorian chants ( from traditional catho, to "moderniste" type as above) : a quietening of the mind type of "chants".




    As I observe my mind, one feature that seem to appear is:
    doing well ==> gladness, joy. The neutrality disappear.

    This pattern is one of the dangers for the mind : how to handle the mind once many barriers are removed. Or in mind science terms how to prevent the
    cravings, so as to be able to be completely neutral in regards to the results.
     
    #223     Jun 29, 2015
  4. So basically, it is down to the "joy management business". lol! the problem with trading is there is always something new to handle. In real and normal life, the feelings of gladness - joy - greatness, etc - is extremely good. In trading : no, because the neutrality has disappeared. damn!!!
    Basically now, it will be about monitoring closely the joy, gladness, greatness feelings during a trading session.
    I am actually pondering if I should simply wait for the next 10 days dhamma session,
    or find a way to handle this apparition of non neutrality.
    I am glad I was able to spot this existence of non neutrality.
    I need to observe its apparition, its building up, and the dissolution of this
    mental form ( joy, gladness, happiness). Neutral, neutral, neutral.
    No neutral, no trading!
     
    Last edited: Jun 29, 2015
    #224     Jun 29, 2015
  5. Does the ideal trade exist ? :rolleyes::):D:p:p:p

    For sure some advertisers are getting inspired! :D:D:D:D:D



    What one should say to all these women ? ;););)
    00:06-00:09 for those in a hurry!
     
    Last edited: Jul 6, 2015
    #225     Jul 6, 2015
  6. I feel that I have cocked up my Combine. :mad::mad::mad:

    [​IMG]
    http://www.hostingpics.net/viewer.php?id=958341combine.jpg

    I was seriously hoping ( :mad::mad::mad: ) to negociate about day3,
    as on this same day of breaking the day limit ( -307 when the limit is -300),
    I had let them know in advance of the software issues.

    This is really my first Combine. That was supposed to give me the green light to
    "load" my account, after one combine. I actually feel super angry with myself
    for cocking this one. One more day, but I simply can not help feeling
    the negative vibe about it.
     
    #226     Jul 8, 2015
  7. I guess that's the beauty of having one's thread : going over former youtube videos. For sure I came from far. lol.

    So I will be redoing one Combine. I have to say TopStepTrader is a very good firm to
    assess oneself : no BS. Limit is 300 : -307 or -302 is not -300.
    I am even liking their average time in winning trade vs average time in
    losing trade.
    I am going to add some metrics of mine for the Combine n°2.
    But now it is really a game of mental stillness.
    Pure psychology.
     
    #227     Jul 9, 2015
  8. Very well done to the courageous individual who I have been informed
    has done the dhamma.org. :) :) :)



    As you can witness it does help even in trading :
    one develops more patience
    one can read its emotional response while trading and act accordingly.

    I have to say, thanks to the Combine, I have clarified many aspects to improve on.
     
    Last edited: Jul 9, 2015
    #228     Jul 9, 2015
  9. I am actually looking forward to start the Combine n°2.
    Specific metrics to monitor ( "technique") :
    - time in loser vs time in winner
    - heat
    - excursions on both sides

    Just 10 trading sessions.
    So it will be about monitoring closely ( "psychology") :
    - stress ( usually uninvited interferences) and negativity : rule is to stop trading if these are present
    - overconfidence : rule is to stop trading if these are present
     
    #229     Jul 16, 2015

  10. BEFORE I forgot : please please please DO NOT contact anybody where I live !
    Please use emails.

    Thank you

    PS : I'll be starting some "public-speaking presentations", so that every person will be able
    to discuss face2face without fears of the interferences "females" or any "Daddy" or any "mob".



    I have to agree that what is happening is a real reflection of total greed,
    complete lack of respect for the people harassed or the people hunted or the people used .
    I agree there is zero considerations for the harassed or the people hunted.
    I agree it is all about using people for selfish financial/monetary/status gains, wants or needs.
    And it is totally normal that you need to protect yourself.
    So I'll also do my part, by making it easy to reduce interferences .
    I was seriously becoming reluctant to get into the "public speaking circuit", but
    may be that's something I should have considered before!
    Really strange that to gain privacy, one needs to become more public! what an irony.
     
    #230     Jul 16, 2015