The Invisible Hand That Limits Your Trading

Discussion in 'Psychology' started by Rande Howell, Feb 3, 2011.

  1. BSAM

    BSAM

    Bingo, bingo, bingo!:p
     
    #101     Feb 4, 2011
  2. I have been at this so long that I am struggling to come up with an example of why therapy is unnecessary to successful trading. I think it's fine for personal satisfaction in other than trading. Especially if you want to get early parole.

    But here is an example of building confidence through simple analyses repeated daily. Attached is my chart for my position trades, plus some market data. I look at it a few times a day for at most 20 seconds. Got it. Move on. Why is it easy? Because I have been doing it forever, and the analysis tool I use isn't half bad. Get a good thing going. Use it. It becomes routine. "Oh, rats! Oil is taking a hit! But it's not in the toilet! Back to trading!"
     
    #102     Feb 4, 2011
  3. BSAM

    BSAM

    Two of the scariest words in the English language.
     
    #103     Feb 4, 2011
  4. BSAM

    BSAM

    Too funny.:D

    They'll bark at the moon if it gets them out of jail.
     
    #104     Feb 4, 2011
  5. I am bipolar. Have OCD. Tourette's. Free-floating hostility. Paranoia. Social phobia. Antisocial personality. Panic attacks. Alcoholic. All verging on Borderline Personality. I am as bad a basket case as it gets. But I make money! And I shoot passably.

    Somebody start a challenge thread! Welcome to ET!
     
    #105     Feb 4, 2011
  6. BSAM

    BSAM

    Fantastic! Perhaps you can help others on ET who are struggling a bit. Can you explain how you got this way? Vodka?
     
    #106     Feb 4, 2011
  7. ammo

    ammo

    you probably would have been a natural as a shrink,you'ld be the shrink in the mamsy pamsy commercial
     
    #107     Feb 4, 2011
  8. Redneck

    Redneck

    I like this idea - a no wimp/ whiner zone

    RN
     
    #108     Feb 4, 2011
  9. Just to make clear I wrote 'almost' impossible.

    Red, I can only speak from experience as is a long story. If you guys want me to the the guinea pig for the counseling I would be more than happy to present my case and latest conclusions.
     
    #109     Feb 4, 2011
  10. Redneck

    Redneck

    I’ll volunteer as well

    You can co-counsel us :p


    RN
     
    #110     Feb 4, 2011