Trading psychology by Brett Steenbarger

Discussion in 'Psychology' started by Jzwu2017, Jun 11, 2022.

  1. I remember attending one of those trade conferences back in early/mid 2000's at a Holiday Inn hotel.
    They served free breakfasts, before trying to sell you $400, $900, $1,500....and $5,000, $7,000, $10,000 trading courses/coaching sessions.
    The whole thing felt like an evil scam. My fifth sense alert told me so.
     
    Last edited: Jun 11, 2022
    #11     Jun 11, 2022
    Fonz likes this.
  2. newwurldmn

    newwurldmn

    plus he’s Asian which is like 1 race inferior to white.

    I’m not being racist. I’m just calling reality like it is.
     
    #12     Jun 11, 2022
  3. Millionaire

    Millionaire

    #13     Jun 12, 2022
    M.W. likes this.
  4. M.W.

    M.W.

    Which metric(s) do you exactly base your statement on? Seriously asking, because I have never felt surrounded by more morons and uneducated people than the time I lived in the US. Education/Knowledge and IQ highly positively correlate.

     
    #14     Jun 12, 2022
  5. newwurldmn

    newwurldmn

    #15     Jun 12, 2022
  6. Fonz

    Fonz

    Who cares about IQ, right newwurldmn???
    :vomit:
     
    #16     Jun 12, 2022
  7. #17     Jun 12, 2022
  8. Jzwu2017

    Jzwu2017

    I am struggling to see how trading psychology evolves to IQ/intelligence? :)
     
    #18     Jun 12, 2022
  9. Jzwu2017

    Jzwu2017

    Nowadays I am more interested in the market itself than my P/L. It doesn’t mean I don’t care about P/L. Actually I do and I always set stop losses in my trades.

    For example, today did anyone notice the QQQ price right before Fed mins release at 2pm EST and the price at the day close at 4pm? If you draw a line between the 2 points see what it looks like? And what does that mean?
     
    Last edited: Jun 15, 2022
    #19     Jun 15, 2022
  10. Mytacism

    Mytacism

    Imo, trading psychology is more of having a good emotional Quotient than Intelligence Quotient.
     
    #20     Jun 27, 2022
    Jzwu2017 likes this.