The day to day psychology of a trader

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

  1. Please, do NOT contact any person from where I live.

    It is my understanding that over the next 2 weeks ( I can't figure out why) , some scammers and confidence tricks specialists are reading themselves for some scam action in Paris-France ( I can't figure out why) , so please:
    - remember they have managed to corrupt police officers in the past
    - remember they have used "vip" sercurity personnel/car drivers in the past
    Do check ID thoroughly, and even take and store fingertips.
    What you have to remember : scammers wherever they come from
    lie like they breath. Learn to be an excellent lie detector.
     
    #321     Sep 8, 2015
  2. Same request : do NOT contact any person from where I live. Thank you.

    Just now, dealing with some challenging personality change from one youngster who
    I suspect has started the drug addiction road ( starting with chichua drug enlaced).
    Many people complain how "some people" here can be very much anti-foreigners, but
    with what I am seeing, I can fully understand the underneath xenophobia.
    It was very hard for me to understand the hostility toward the "refugees", but
    now, hopefully, I won't join the crowd! lol
     
    #322     Sep 11, 2015
  3. Next sets of trading psychology sessions will cover :
    the destruction of Sodom and Gomorrah, the destruction of Babylon, the destruction of Jerusalem,
    and others great "cities destroyed by God" , because of the evilness that reigned there.
    Obviously, traders understand that we need to understand the dangers of having a trading
    account destroyed. :D

    Let's understand why God ( trading "Market") can be linked to the destruction
    of some cities ( "trading accounts")

    Jerusalem


    Sodom and Gomorrah:


    It looks like there are around 37 cities that got destroyed.
    I'll try to match each way and reasons with around 37 ways
    a trading account can get destroyed.
     
    #323     Sep 18, 2015
    lawrence-lugar likes this.
  4. First things first : thanks for your help!!! Very much appreciated.

    So we have the 37 cities destroyed.
    And also, to study "scam artists" and their "qualities", so as to identify how
    a trader can get "scammed into entering a trade when should not".


    I have to say, I am enjoying going over these confidence tricksters.
     
    #324     Sep 22, 2015
  5. Now obviously, how would one avoid falling for a pump and dump scheme.

    I'd never guessed these "specific artists" could bring so much insights.

     
    #325     Sep 22, 2015
  6. "
    Let's understand why God ( trading "Market") can be linked to the destruction
    of some cities ( "trading accounts")"

    Greed - - - and Trading accounts destruction.

    First some reminder about greed
    [​IMG]

    The trader only sees $$$$$ , and forgets about the market

    [​IMG]

    The trader's minds is solely focused on the profits, nothing else. Does not think market at all.

    When the account is destroyed it is similar to all the profits being "thrown away"


    [​IMG]
    It is obvious that human beings have different way to "regurgitate money" :
    - getting caught Sarao style, so as to regurgitate all
    - losing all to scammers
    etc.
    - and obviously entering in a path where the trading account get blown up.
     
    #326     Sep 23, 2015
  7. Some people believe they know everything : thus that scientists, historians, etc are wasting their time :
    they should just ask these know-all!!!

    I wonder what is in the destruction of Sodom and Gomorrah, of Jerusalem and of the other cities
    that "disturbs" them. Just for the record :



    Now, one obvious question is : if in the past, cities got destroyed for their wickedness,
    could we imagine other cities being destroyed?
    To be honest, I have no idea. However, can one be sure that one's country and cities
    will not be destroyed as having attracted the wrath of God and abused God's patience?
    In a way, how long should God just allow wickedness to go on?

    Genesis :" The outcry against Sodom and Gomorrah is so great and their sin so grievous that ... to see if what they have done is as bad as the outcry that has reached me. " Geneis s 18:20/21 NIV.

    Now, obviously I only know that God works in mysterious ways. How the destruction get done? I have no idea. When? I absolutely do not know. In the same vein, you do not know when God will call you via death, for a quality face to face with God to determine your eternal final place ( heaven or Hell or step via purgatory).
    In the same vein, no matter what, the market can works in mysterious ways to turn a sure winning trade into an utter losing one.
     
    #327     Sep 27, 2015
  8. Let's continue to "clean up all psychological/spiritual junk" by focussing on the study of "GREED" :D :D :D

    Useful for trading obviously.

    Different perspectives on GREED obviously.



    And yes before I forgot. I have finally managed to understand why this Dieudonné has upsetted people. This says it all:

    Feel free to ask, and I'll do my best to find out about it.
     
    #328     Oct 4, 2015
    lawrence-lugar likes this.
  9. Regarding the Dieudonné case : the best move would have been if he had visited the Holy Land. As far as I know, he has a very limited view of the complex situation there ( just looking at people's geopolitical mistakes/successes is telling) . If someone was courageous to invite him there, with a clear stipulation that he should leave any "prejudice" at the frontier, then that would move things forward. Now obviously, would he accept such an invitation??? For the record : JMLP sued
    him for many reasons , and lost elections because of Dieudonne, JMLP and Dieudonne were "born ennemies", and now 10 years later they are now like family ( JMLP being one of his daughter godparent).

    Now, I am wondering if someone could create some world championship on
    "individual suffering" with a minimum winning prize of 10million+ for 1st place,
    5million for challenger, and 2 million for bronze price.
    This would make a significant difference.
     
    Last edited: Oct 5, 2015
    #329     Oct 5, 2015
  10. The psychology of greed :confused: :confused: :confused:



    There seems to be a different approach to the issue of greed in trading,
    when traders present the issue, psychologists look to it.
    It seems that www.dhamma.org is still the winner as far as "cleaning up"
    these types of greed faults.
     
    #330     Oct 5, 2015