What makes you angry when you trade?

Discussion in 'Psychology' started by Grantx, Sep 15, 2017.

  1. Handle123

    Handle123

    Cute dog, my cat after awhile when I was much younger, cat would crap in my slippers from the yelling-had to put them in a drawer. hmmm the slippers and not the cat.

    Maybe it is just doing this many years, but don't get angry like first twenty years, I get more of a frustration of having to wait longer. I don't think in terms of losing, am very optimistic that each trade is more likely to not lose based on all the work that went into making the Trading Plan for that system, do have losses, cost of trading. I stopped making systems for scalping and day trading shooting for most profits which I believe is negative for my brain-that would become an expectation and let down when so many outcomes I receive one tick although this is very good money to me but not points, I concentrate on seldom losing whether scalping or going to long term trades. And going to automation, never even check it now till end of the day, it is more like the coffee maker going on-just stopped thinking about it.

    Each signal has a max time for being in negative territory, and at end of time cycle, new targets are plus one tick, so entries from ave down, actually gives me very nice profits, and sideways action-again is not making profits, stops are put in at that plus one tick. And yes, days of where all the signals get one tick happens, but then am not losing which is what am concentrating on. Often times profitable trades don't hand around, you get in and Bamm they start moving in your direction, but for me-I give so much time and not moving-I find it time to get one tick.

    To me, manual trading is accepting I am a machine, piece of code with no brains, once you memorize all the rules, am a four way street light and it is automated- green-go, yellow-go faster, red-get a tick.
     
    #11     Sep 15, 2017
    beginner66, Simples and Grantx like this.
  2. Grantx

    Grantx

    Haha I just googled them, brilliant. The thought of these two smug looking bastards taking my money ...omg
    ty.jpg rr.jpg
     
    #12     Sep 15, 2017
    SteveM likes this.
  3. Learning today what has been right in front of my eyes for years, and years, and years!!
     
    #13     Sep 15, 2017
    Cswim63 likes this.
  4. tommcginnis

    tommcginnis

    Your dog reminds me of:

    "I try to be the man
    my dog thinks I am."


    Nice dog.
     
    Last edited: Sep 15, 2017
    #14     Sep 15, 2017
    speedo and Grantx like this.
  5. tommcginnis

    tommcginnis

    You've got to mix in an image of my {frightful} X-mother-in-law: picture Church Lady and you're pretty close.

    upload_2017-9-15_11-51-32.jpeg
     
    #15     Sep 15, 2017
    SteveM likes this.
  6. This isn't true at all. Plenty of broken keyboards in prop firms to attest to the fact that getting angry once in a while is completely acceptable!
     
    #16     Sep 15, 2017
  7. Ditto.

    You need to place a stop on the trade, then leave it. Works or doesn't. If not it's only one of hundreds throughout the year... win or lose it's of no real consequence, regardless. Unless of course you get psycho about this one and turn a routine trade loss into a big loser by not following your stop discipline, averaging into the loss, hoping like HELL the market turns around to save your bacon, etc. IOW... it's no biggie unless you screw it up!

    Whatever you do, DON'T TAKE IT OUT ON THE DOG!!

    :)
     
    Last edited: Sep 15, 2017
    #17     Sep 15, 2017
    ThunderThor and Grantx like this.
  8. vanzandt

    vanzandt

    Anybody that would break a keyboard is a complete idiot.... looking for attention. Just because "it happens" doesn't mean shit. Wonder how they treat their kids when things don't go right there?
    If I ran a prop firm... the fucker would be fired and he'd be buying me a new keyboard.
     
    #18     Sep 15, 2017
  9. speedo

    speedo

    When I stub my toe...I hate that.
     
    #19     Sep 15, 2017
  10. ET.JPG
     
    #20     Sep 15, 2017