Trading psychology explained

Discussion in 'Psychology' started by Gabfly1, Nov 1, 2010.

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  2. wave

    wave

  3. jinxu

    jinxu

    What is it with these 27's and 9's that keep popping up?
     
  4. So true.
     
  5. Fractal

    Fractal

    You choose to recognize them.

    When faced with chaos, certain people compensate for the fear of uncertainty by creating meaning. If the part of your brain that concedes to magical thinking decides that "anteater" is significant, every time that word appears in some random smear of words, your brain will register it. It won't register <i>what</i> its significance is, only that there is significance... somewhere. This is comforting for some people who do not have the tools to deal with uncertainty.

    It's also called apophenia.

    Depending on how far down the rabbit hole you go, you'll start seeing -5 everywhere, as 2-7. And then 14, as 2*7. And then adding -5 to 14 to get 9, which confirms 27 is magical because 9 is 2+7. Etc.

    The unfortunate reality is that your subconscious is much more powerful than your conscious mind, and you are succumbing to it. This tendency will be reflected in your trading (and, in fact, already has).

    Sorry, but you've got a multiple levels of emotional pain ahead of you.