Trading is like a drug

Discussion in 'Trading' started by Cmoss, Oct 22, 2014.

  1. Clifford your more likely to burn out
     
    #31     Oct 24, 2014
  2. This sounds soooo sad ( I had to add comments though).

    The real problem with trading is the garguantuan amount of psychology/spirituality work to do.
    Just now, I am seeing the end of the tunnel - psycho wise.
    So do not despair. :):):):)
     
    #32     Oct 24, 2014
  3. Handle123

    Handle123

    It is easy for you to say this as you don't walk in my shoes. I didn't write the post to draw any pity or any advise on how to cope, but as a way for others who know they have same disease that it will take so much more work at trading to over come destructive thoughts of very risky trades, racing thoughts, manic periods that most get besides trying to understand why does price stop and go. In some ways it been easier for me to understand the "whys".
     
    #33     Oct 24, 2014
    TimtheEnchanter likes this.
  4. Many people here on ET are just as mental as I am (or worse) except they are in denial. Not only bipolar will hinder your trading success. There are myriads of other disorders the US is full of. I seriously think that if week-ends bore you - better find a life or a shrink (or both)....
     
    #34     Oct 25, 2014
  5. Turveyd

    Turveyd

    I get bired at weekend to, I dont get a lot of spare time in the week, so fill them with my hobby and maybe future replacement income.

    So weekend, when I'm less busy then I have nothing to fill in the bored bits, ie waiting for a mate to come around or a Doctor Who to start.

    Don't get me wrong, i will go mountain biking or hill walking or climbing or fix the car or even get some work done if i really have to.

    Price stops, because it runs into a supply, ie a large seller who wants out at that price rather than risk higher some logic they have.
     
    #35     Oct 25, 2014
  6. I used to do it when I started my trading. Watching TV and listening to all market pundits on business channels but over a period I realized I should listen to my trading strategy and not the noise and everything changed.
     
    #36     Oct 25, 2014
  7. Turveyd

    Turveyd

    I used to have CNBC on while trading stocks for market sentiment, obvisously they get paid by the big boys and want retail to do the wrong thing, so the opposite of what there saying worked well.

    All about the charts these days and cake lol
     
    #37     Oct 25, 2014

  8. The truth is EVERYBODY has psychological/physical/spiritual baggage to work on:
    trading only highlight these problems.
    And nobody can work in someone else shoes as no one has a clue about these baggages and how the person
    specifically cope with what was handed to them. So saying that trading is not for bi-polars : I do not
    accept the "escuse".

    The only thing someone can do is not to despair and to keep going through any pro that can help:
    psys, exorcists ( yes also!), "healers", etc... and to keep going.
     
    #38     Oct 25, 2014
  9. Haha this is like a support group now :eek:
     
    #39     Oct 25, 2014
  10. Actually, I forgot to mention that support groups are also very useful depending on the trader's problem ( gambler's anonymous is useful to meet fellow "traders who were really gamblers"). ;)
     
    #40     Oct 25, 2014