Yukoner's 2015 Psychological Journal

Discussion in 'Journals' started by Yukoner, Jan 5, 2015.

  1. jsmacksem

    jsmacksem

    I've never considered analyzing the "time" over a data series to see if something like that makes sense. For me I think it would. Definitely going to track. Thanks for the info.

    -JS
     
    #491     Mar 23, 2015
  2. moonmist

    moonmist

    Agree.

    If you have a great strategy with well-defined rules for entry, exit, trade management, etc., psychological and mental issues may be partly solved by automation.

    If you do not have a winning strategy, the best advice a psychologist can give you is probably: "Save your money. Stop trading."

    http://www.elitetrader.com/et/index...ing-mind-you-never-train.290129/#post-4096137

    Just my two cents.
     
    Last edited: Mar 23, 2015
    #492     Mar 23, 2015
  3. J_Smith

    J_Smith

    I think your two cents makes sense :)

    Yukoner needs to know that we are not trying to put doubt in his mind, or say what he is doing is wrong, for I truly believe that there is no right or wrong way.

    I think one just has to find a way that suits and can consistently make more money than is lost with a certain amount of executed trades, preferably making a lot more.

    J_S
     
    #493     Mar 23, 2015
  4. wrbtrader

    wrbtrader

    I believe Yukoner has another active thread where he discusses his trade method. Thus, wouldn't that thread reveal if he has a well-defined entry, exit, trade management rules and if its possible to automate his method ?

    http://www.elitetrader.com/et/index...-jsmith-discuss-feel-free-to-weigh-in.290107/

    I started reading that thread backwards from its most recent message and I quickly became confused about the thread purpose considering it was mostly debates and no trade setup discussion except the first page that only talked vaguely about a particular trade entry.

    With that said, there's a red flag here in this thread that i think is being ignored by most folks that could have been revealed in his "trade setup" thread but that thread quickly went nowhere.

    To Yukoner,

    1) You doing some of these combine trading from work ?

    2) Do you have a set trading hours or you trading whenever you can trade ?

    3) You started a thread about "trade setups"...why didn't you discuss the details of your trade setup in that thread ?

    4) I notice in this thread you posted a trade log. Most of the entries in your trade logs have average duration times between 1 - 2 minutes. In contrast, in your "trade setup" thread...you posted a 5 minute of one vaguely discussed trade.

    I don't want to talk about the above here in your "psychology" thread but I just wanted to alert others that didn't know you had setup a "trade setup" discussion thread elsewhere here at ET. Therefore, you can respond to these questions in your "trade setup" thread.

    P.S. If you see folks debating or arguing in your other thread that has nothing to do with discussion about your trade setups...have the moderator delete their message posts. Moderators here like doing stuff like that involving off topic debates. :cool:
     
    Last edited: Mar 23, 2015
    #494     Mar 23, 2015
  5. Redneck

    Redneck

    Trading is trading – everything else is not

    Either detach from the bullshit – or be consumed and controlled by it

    ====================


    I dare say there not a trader here – who wakes every morning in the correct mind set

    I also dare say there not a trader here – who doesn't have bullshit to deal with..., in their normal life..., on a regular basis

    Either we trade (do our job) in spite of life happening…, or we trade influenced / manipulated / controlled..., even consumed - by it

    Time to decide (actually past time - but it is..., what it is)


    YK

    As kids are involved..., the ex will be around for a long time to come - you really going to allow her to fuck with your head... hence your trading..., hence your goals..., hence your core being - for that long

    Why..., and to what end (both rhetorical)

    =========================

    Hate is not the opposite of love - fact is they are very similar

    Apathy is the opposite of love

    =========================


    As it it is written - so to are you expected to stick to this (otherwise it no different than a mental stop not honored...., not waiting on a proper signal..., or simply not trading correctly)


    RN
     
    #495     Mar 24, 2015
    Yukoner likes this.
  6. wrbtrader

    wrbtrader

    Whenever I get that mad, everything shuts down so that I can properly begin dealing with the problem. Simply, I learned a long time ago that nothing good happens trying to trade (real money, simulator, backtesting, reviewing charts or whatever).

    The best thing to do was to shut it completely down and deal with the personal problem because you don't want to get into the habit of doing any kind'uv trading (e.g. demo) when you're pssst...doing such teaches a bad habit that will eventually show its ugly face in real money trading.

    Note: Easy solution to your problem...call Facebook and have them delete your account. Its that simple.


    Successful trading involves also knowing when not to trade (real money or simulator)...when not to trade will more often than not have nothing to do with the markets.
     
    #496     Mar 24, 2015
    Yukoner likes this.
  7. Yukoner

    Yukoner

    Before I read anything... Decided to not do any demo trading today... Would just create bad habits. Better to just relax, take it off, recharge mental capital... Then make decisions.
     
    #497     Mar 24, 2015
  8. Yukoner

    Yukoner

    Hey wbtrader,

    That thread I opened was simply to reply to what J_S was asking in this thread. And allow an on topic discussion of what he wanted to share with me.... Which I assumed was discussing a trade setup.

    I'll reply to the rest soon.

    Thanks,
    YK
     
    #498     Mar 24, 2015
  9. Buy1Sell2

    Buy1Sell2

    How is your health these days? Hope you're feeling better. --Ishmael
     
    #499     Mar 25, 2015
  10. Handle123

    Handle123

    First few days after a treatment it is rough and if my Sarcoidosis is rearing up at same time, pretty hard as each hour you think bad things like is it all worth it. But we have to believe something good will come out of all this. I know when/if I get most better, I be gone traveling and will not post much. I often trade cause can't do much else, get dizzy just getting up or just weak. I thank you for asking.
     
    #500     Mar 25, 2015