Trading psychology resources

Discussion in 'Psychology' started by orbit23, May 2, 2020.

  1. orbit23

    orbit23

    There you go, you said it yourself.
     
    #31     May 10, 2020
  2. Andrea Wylan

    Andrea Wylan Sponsor

    Are you guys that want to deny the importance of your mindset in trading making money?
     
    #32     May 10, 2020
  3. themickey

    themickey

    Silly question for ET'ers as 95% will tell you they are profitable and only 5% who admit they struggle.
    That's why we are ELITETRADERS!!!
    :)
     
    #33     May 10, 2020
    Andrea Wylan likes this.
  4. savoir

    savoir

    The inanity of trading message boards is just a given. Raising the level of discussion is seldom worth the effort. Asking anonymous people if they make money trading is indeed silly. We all know hardly anyone makes a substantial amount trading. This seems ironic when an entire industry has formed to teach the masses how to do it. It is not ironic at all when you understand that, in trading, mediocrity will not cut it. Purveyors of conventional wisdom all have one thing in common: they teach mediocrity to the fish. The moral? Don't be a fish.
     
    #34     May 10, 2020
  5. themickey

    themickey

    I remind myself from time to time, we live in a type of fake world.
    The fake world is created by 'marketing' to the masses, we are all subject to this constant bombardment of marketing.
    Fiat currency survives via marketing, gold price, real estate, stock market, media papers, TV, religion, motorcars.... on & on it goes.
    So with trading, we are sold this story of easy riches.
    Yup, it's easy, after about half your lifetime studying it and participating. The initial years most commonly are the blowup of accounts years.
    Most ET'ers will BS, that's because they wish to project something which isn't reality - That's marketing! :)
     
    #35     May 11, 2020
    Andrea Wylan likes this.
  6. ironchef

    ironchef

    OK, I am the 5%. :p

    There are successful traders on ET.
     
    #36     May 11, 2020
  7. themickey

    themickey

    Yes, I had you in mind when I posted. :)
    I truly did! :)
     
    #37     May 11, 2020
    ironchef likes this.
  8. Nothing (2nd ed) by Jim Sloman.

    I really got a lot out of it. Ironic huh?!
     
    #38     May 12, 2020
  9. Andrea Wylan

    Andrea Wylan Sponsor

    Important question!
     
    #39     May 12, 2020
  10. wrbtrader

    wrbtrader

    Andrea,

    Do you ever have any client that you feel or determine to not be suitable for trading and/or they have commonalities in their characteristics ?

    wrbtrader
     
    #40     May 13, 2020