The day to day psychology of a trader

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

  1. " Ok. I have thus seen what they are doing with these bunch of women :
    very well done! I can only applaud. And excellent that, if I understand well,
    they are going on a "hiring drive". I have taken the details of one woman
    and promised to come back in around three months time, so as to find
    if there is real change. I am very glad that the retreats have positively influenced you.
    Just this was worth it. "
     
    #431     Aug 20, 2016
  2. complete last posting

    "And I have also noticed the good work done for the young lads. Increase the
    number as people are taking notice and are agreably surprised. Thank you.
    Just a comment: can you increase the age of the lads whose lives you are transforming ? "

    I am very glad that the retreats have positively influenced and lead to two excellent initiatives.
    Just this was worth it.

    Miracles are possible: some people are becoming real saints.
     
    #432     Aug 20, 2016
  3. The 5hrs daily meditation is starting to chip away at the
    * winning rush and its consequence the desire for re-experiencing the winning rush, thus the craving for the winning rush, thus the desire for excitement. Equanimity.

    So the key for me, is to keep doing these 5hours of daily meditation.
    The benefits are clear.

    The difficulties is really the doing it daily (2, 1,1,1).

    The good point is there is always a solution for any goal that doesn't go against "sane" principles.
     
    #433     Aug 25, 2016
  4. Practice makes perfect (2,1,1,1) is getting easier.
    Benefits :
    * being able to identify better the winning rush sensations
    * identifying at what moment my mind-body classify it as pleasant
    * being able to stay equanimous toward it,
    * being able to not seek to re-experience it
    just because it is a pleasant sensation
    Side benefits:
    * trading discipline significantly improved

    Practice, practice, practice. This is what meditation is all about
     
    #434     Aug 26, 2016
  5. Yes many trader also said if practice will make perfect, because also will facing many kinds condition and will learn from many mistake that ever commited
    Keep in minds if about mindset forex business also important here
     
    #435     Aug 27, 2016
  6. Yes Radex78: get your list of trading mistakes, and just work on eliminating each one, so as not to repeat these.
    If I may ask: what are, for instance, your top ten mistakes ( newbie)?
     
    #436     Aug 29, 2016
  7. The key is to keep the meditation regime (2,1,1,1)
    Now that the winning rush craving is being handled, I hope that the impatience in turning good profits
    will also be chipped away. One has to be very patient when it comes to the profits.

    "After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting." ( Jesse Livermore) Is starting to make sense.
     
    #437     Aug 30, 2016
    comagnum likes this.
  8. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    #438     Aug 31, 2016
    smallStops and vanzandt like this.
  9. Very insightful article. Thank you for it.
     
    #439     Sep 1, 2016
    CannonTrading_Ilan likes this.
  10. :D :D :D

    I could not help striking a conversation with some of the youngesters who have passed
    through your "methods": you are doing an astonishingly good job. Very well done. And many thanks
    for taking forward this project. Just for that, all the "bother" was worth it as it inspired you.
     
    #440     Sep 1, 2016