What do you guy's do to prevent tilting?

Discussion in 'Psychology' started by FTDK, Jan 23, 2023.

  1. R1234

    R1234

    You might benefit by becoming fully system based. That takes the emotion out of it.
    If you have a string of losses, you can refer to the system's history - has that occurred in the past? How long did it take to recover? What is the maximum drawdown?

    Also, seed each system with a small enough capital so that a string of losses doesn't cause any stress. If you happen to compound the initial seed capital to a huge amount, just continue trading the system without fear as you are only risking trading profits plus a small seed investment.
     
    #11     Jan 23, 2023
    MACD and FTDK like this.
  2. Bad_Badness

    Bad_Badness

    Automate.
    It validates the system's rules. You might find it is not as solid as it appears. Which might reveal that those target results are also not valid. A Sisyphus situation.

    Why do people do things manually when there are modern easier ways to do it. It is like the Monty Python skit with the monks walking-chanting and hitting themselves with a chunk of wood. Think of those people who refused to use the WWW or Cell Phones. They all have some "reason why" usually it is a disguise for the inability to adapt.

    Best of luck
     
    #12     Jan 23, 2023
    billv, MACD, FTDK and 1 other person like this.
  3. maxinger

    maxinger

    There are 3Ms

    Method
    Money management
    Mind


    All the 3Ms must be in good working condition

    You posted Your Q in the right session.

    Do mind exercise like
    Chakra
    Psycho cybernetics
    Medication
    Sub conscious mind reprogramming
    ....

    It might take years or never to see positive results
     
    Last edited: Jan 23, 2023
    #13     Jan 23, 2023
    Sprout and FTDK like this.
  4. tomkat22

    tomkat22

    Probably a lot of old timers who've been trading manually for so long the thought of handing over the reins to a machine kinda scares them a bit. I'm almost 67 and recently saw a video on youtube of a guy sound asleep behind the wheel of a Tesla on the freeway and I almost passed out from shock watching that video! LOL.
     
    #14     Jan 23, 2023
    legionx likes this.
  5. FTDK

    FTDK

    You clearly don't understand the question, that's fine.
     
    #15     Jan 23, 2023
    hipster ned and spy like this.
  6. Strange. Seems to me that YOU don't understand the problem.
     
    #16     Jan 23, 2023
  7. FTDK

    FTDK

    Unfortunately I lack programming skills, however I was planning and have been looking into programming courses.

    The system is 100% mechanical, so automating should be possible.
     
    #17     Jan 23, 2023
  8. FTDK

    FTDK

    If I wouldn't understand the problem I wouldn't be able to recognize it and wouldn't be looking for a solution.

    Now please go waste your time on some other thread if you don't have anything useful to say.
     
    #18     Jan 23, 2023
    qwerty11, hipster ned and DevBru like this.
  9. Automation is a form of discipline. If you don't have "mechanical discipline", you still need it.
     
    #19     Jan 23, 2023
  10. That's good, buckeroo... I'll just put you ON IGNORE!
     
    #20     Jan 23, 2023