Your Money _ Are You 'Seat-of-the-Pants' Trading It?

Discussion in 'Trading' started by easymon1, Jul 9, 2021.

  1. toucan

    toucan


    I've tried various time stops, but haven't found one that fits with the way that i trade. What process do you use for your time stop
    thanks in advance
    toucan
     
    #11     Jul 12, 2021
  2. speedo

    speedo

    Even discretionary traders need defined signals and trade management rules....and the disciplines to adhere to them.
     
    #12     Jul 12, 2021
    cafeole likes this.
  3. easymon1

    easymon1

    subconscious competence.jpg

    d) Where is Automaticity in the cycle?
    How can we ignore practice and how Automaticity is achieved in developing competence? His model has only three stages of expertise:
    A Cognitive stage: Learner constantly and consciously interact with nature and mechanics of what is being done
    B Practice fixation stage: Multiple repetitions help to bring the steps in the long-term memory
    C Autonomous stage: At this stage, skill can be automatically or subconsciously executed. The conscious mind can be used in monitoring and solving the problem.
    -
    5 Training Guidelines to Develop Subconscious Competence
    #1 Build Intense Practice:
    # 2 Performance Support System:
    #3 Reflection Exercises:
    #4 Skill Specificity:
    #5 Feedback and introspection:
    https://www.speedtoproficiency.com/blog/skill-acquisition-unconscious-competence/
     
    #13     Jul 12, 2021
  4. I don't want to be the seat of the pants person. Working without a plan is not my thing. I have come a long way in trading and that's all because of trading plans and managing risks.
     
    #14     Jul 16, 2021
  5. jnbadger

    jnbadger

    I'll send you a PM. I'd rather not share publicly.
     
    #15     Jul 16, 2021
  6. toucan

    toucan

    ok... thanks
     
    #16     Jul 16, 2021