What do you guy's do to prevent tilting?

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

  1. I played a LOT of poker for 10 years or so.
     
    #71     Jan 23, 2023
  2. schizo

    schizo

    Then you should know by now how important it is to calculate the odds (ie. probability) when you're playing poker, just as it is in trading.

    So why you talking like a fresh noob? :rolleyes:

    In case you don't know what I mean...

    How to Calculate Poker Odds
    https://www.mpl.live/blog/calculate-poker-odds/
     
    #72     Jan 23, 2023
  3. spy

    spy

    I'm convinced @Scataphagos is an A.I. bot deliberately programmed to be stupid as possible. The Turing test is easier to pass when the chat bot appears to be an idiot.
     
    #73     Jan 23, 2023
    schizo likes this.
  4. schizo

    schizo

    So true. :D:D
     
    #74     Jan 23, 2023
    spy likes this.
  5. easymon1

    easymon1

    Scatman's a good dude. He's helped a lot of traders here on ET.
     
    #75     Jan 23, 2023
  6. spy

    spy

    I'm not convinced. He's too predictable. Very good chance he's a chat bot. Look at my post here:

    I predicted, in real-time, that @Scataphagos would block the user. And... it actually happened with time left for me to edit my post and add the last line that says: "AHAHAHAHAH, see... too funny!". Look one post up from there for the context.

    Just trying to call balls and strikes here; no offense. Bet you $50 I can sign in with a new account and get him to block me inside of 1 week. Admins can't change his program though!

    Not to mention, why would the account be named for a human dung eater... besides as a tongue in cheek joke by the bot author/admin? It just doesn't add up.
     
    Last edited: Jan 23, 2023
    #76     Jan 23, 2023
    hipster ned likes this.
  7. schizo

    schizo

    I know. It wasn't meant as an insult. Just surprised that he couldn't connect the dots between poker and trading.
     
    #77     Jan 23, 2023
    spy likes this.
  8. spy

    spy

    Exactly! That's the type of connection a bot would just plain old miss... but a human would probably understand, maybe not agree with completely, but understand, almost instantly.
     
    #78     Jan 23, 2023
  9. oshjdf

    oshjdf

    What is your win rate? Your win rate is correlated with normal losing streak that you will experience. This is good article.

    If you are aware what is normal losing streak for your system but experience the tilting, there are only two possible things that may cause that.
    1. Large position size per trade.
    2. Desire to be right (win)

    If the cause is #2, it will require time to shift your mentality especially if the system has low win rate (and large reward-to-risk ratio). Trading mentality contradicts other professions mentality which is being right.
     
    #79     Jan 23, 2023
    FTDK likes this.
  10. tomas262

    tomas262

    yeah, ego is always there until you really need it. Then it mysteriously disappears. Not a best friend. Especially in trading :)
     
    #80     Jan 23, 2023
    FTDK likes this.