The day to day psychology of a trader

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



  1. The way traders handle greed in trading seems to not be complete.
    Even when the problem is psychology, the solution saught is not through
    sorting the psychology! I wonder if those who go into trading are
    a little scarred of psychology.
     
    #331     Oct 5, 2015
  2. Redneck

    Redneck

    SS

    Apologies.., I have not read through the last several pages

    Fear and greed are cut from the same bolt of cloth - and both fear based

    Fear = fear of what ever

    Greed - fear of not having / getting enough

    RN
     
    #332     Oct 5, 2015
  3. Greed - fear of not having / getting enough :

    I'll check this perspective. ;)
     
    #333     Oct 5, 2015
  4. Greed can be compared in its excess to Gluttony.
    Can't stop doing the behavior that leads to problems.
    Addiction to gambling ( or trading-gambling, etc...) can be better illustrated with eating addiction extreme case.
    The benefits of trading is one can get a chance to deal with whatever psychological/spiritual issues, the trader has. Many people are scarred of the www.dhamma.org , but I'd say this is
    an essential step. Any losing trader who is not giving themselves a chance via the dhamma.org
    deserves to lose.

    Very good case to view greed via greed of food.
     
    #334     Oct 5, 2015
  5. So some thoughts about this "addiction to food" greed for food story.

    *) at the funerals : many people. when he was struggling just his ex ( who did not attend the funerals) , who run away strangely when she sensed he could get some real help. May be the questions about what she was feeding him reached too close to something. Interestingly she acknowledges the issues were there from the start!

    *) he was asked each time to make a step to "win" the help, and each time he would fail at it.
    One guy suspected his wife was an "enabler".

    *) he has a "hope for a savior" / "salvation" mentality. That obviously did not work as each time he was asked to prove himself.

    *) He obviously could not control his cravings for food that lead him to a worse and worse situation

    *) The origin of it: psychological as it started with some depression and anxiety.
    Even then, he stated that taking pills made him less depressed and anxious, thus he had less cravings for food.

    Obviously greed, and various cravings are manifestation of some anxiety.
    Greedy person : person with unresolved anxiety problems.
     
    #335     Oct 5, 2015
  6. Now that we have "reassured" the broker we are not coming for a clean up, we can play. :D :D :D
     
    #336     Oct 6, 2015
    lawrence-lugar likes this.
  7. So let's start to play: Now we play to win.
    Wasted a full week, but stuff had to be done. Now we can play.

    And THANK YOU again for the help you provided to sort the situation:
    Saint, sane, healthy and pure atmosphere reigns.
     
    #337     Oct 8, 2015
  8. Let's remind of the traps of pride ( the real source/reason for overconfidence).



    The study of the fall of Lucifer, so as to understand Lucifer thinking , so as
    to avoid the traps of pride ( in whatever way it manifests itself).
    The Bible really contains so many aspects for trading issues. Had I known
    that I'd have studied the Bible along the other trading aspects.

    Much complete summary of Lucifr famm from hraven.
     
    Last edited: Oct 8, 2015
    #338     Oct 8, 2015
  9. It looks like studying "Evil" people ( as shown by evil thoughts and actions) is necessary to get into the core of trading psychology.

    I have been given a case ( real one) to study.
    So this guy got his life completely shattered, into a mistaken identity situation.
    Basically, a guy drove for hours to go and get "revenge" spree , to go and damage for life an innocent person in the guy's accusations.
    The attacker actually first thought his family member got aggressed. But later on,
    once justice went through, it turns out that not only this was false, but also the person
    he attacked had nothing to do with his accusations.



    http://www.dailymail.co.uk/news/art...aken-identity-rebuilt-life-family-s-help.html

    Most interesting : the psychology/actions of the culprit
    1) The culprit hide himself till the Police found him.
    2) enlisted people to help him hide his identity ( his wife was first charged with perverting
    the court of justice, aka preventing justice to find the culprit)
    3) Only in court - and after some "sessions" only police know of, did he acknowledged
    what he did. And only because of the Justice system, did he apologize to the victim.

    Obviously, this exemple is a typical illustration of the psychology behing evilness:
    - hatred
    - vigilante
    - not using the Law system ( where he'd have found out that there was no
    family aggression!!!
    - barbaric methods
    - avoiding the Judicial system at all costs
    - liying
    - using others to cover up the crime via manipulation,

    What is behind the psychology of the culprit?
     
    Last edited: Oct 13, 2015
    #339     Oct 13, 2015
  10. Obviously, we need again to learn about Lucifer's fall.
    Need to understand how a person passes from good trading psychology,
    to "bad" trading psychology ( lack of discipline, revenge trading, overleveraging,
    overconfidence trading, ...)


     
    Last edited: Oct 13, 2015
    #340     Oct 13, 2015