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Perception is the key to using BF constructively. Any time you sense something in P, V, you get emotional about it. If you follow the journalling on ET, you get to see what happens when a person lacks perception. Usually they do the A, B and D of BF. They have anxiety, fear and anger...

Here is how using the prior charts works for building the mind.

The way to begin is to record events using the market's variables. This is the chart I began with in 1957. My orientation was to record events. BF suggests event come along one after another. BF suggests people have emotions as they sense and use their inference to obtain perception...

The reality of trading is to deal with events and relate the events. This implies that it is a hindsight kind of thing. A. Lo uses five points to define 8 of the ten patterns and he uses data sets that have a minimum number of consecutive parts (38). To find out how the patterns help out he...

A lot is discovered when a person begins to be creative and have an open mind. This first chart of using BF knowledge about traders deal with events, provides a working schema for how to acquire the means of having a strategy. this can lead to a working routine and help a person get his plan...

Some very nice and thoughtful comments in this thread. Personally I feel it is like being at a fork in the road. Do you concentrate on the mind of the trader (building your mind or leaning how behavior works) or do you concentrate on attaining the knowledge and skills that embody...

So how does the trip from observer to expert trader turn out? for some people, it turns out that we fit into Larry Harris's hierarchy in a particular place that allows us to be parasites of the Conventional Wisdom. This classification is technical and anticipatory. We anticipate BF's A...

Here is a schematic look at OODA. The official ones are quite detailed and have several feedback loops that show how O and O are modified. It is getting pretty apparent as to how probability got into the dynamics of trading. Keep in mind that BF explains how smart investors and traders...

What a trader percieves goes into his trading routine. The OODA Loop which is so common is quoted below from the John Boyd site on the web. I left in some history that may serve to orient a potential trader who may want to gain some backfround. " Military theories During the early 1960s...

The human eye is sensing and the optic nerve takes data to the brain where the mind is set up to "operate" and get some stuff to the short term memory for doing the trading routine. Three operators do the work of converting what is sensed to "perception." What is matched to the sensing...

A lot of work, clinical and otherwise, has been done on sensing, and perception. It has been thoroughly documented that three mind operators are involved in snesing in trading. They are the same ones used in driving a car which is a topic well understood by most people. I put these in the...

EMH is regarded as major principle And it is forwarding as a consequence of sysyemic iterative refinement. As a consequence different players have to hold their own in the face of new influences that exploint opporutnities. It is really exciting and fun to be a participant. As a side...

BF matters A, B and D most closely relate to the trader's routine. Most traders follow the routine that was made famous by John Boyd. It is a probabilistic risk taking kind of behavior. It has several feedback loops and they DO NOT RELATE to the iterative refinement suggestions of BF and...

BF says that most people have problems when trading. The approach and methodology of a person can be refined to remove the shortcomings. BF suggests that emotional awareness is the beginning point for detecting where reasonable changes can be made in trading techniques. One of the more...

The OP advanced three thoughts about behavior and suggested they related the the trader's planning strategy and routine. The literature of behavioral science and behavioral finance has views on these things as do ET members.

Here is a trader context pic. The trader uses market infomation to accomplish four things. He grows over time by using the results of behavioral finance in support of improving his level of performance. I think it is worth looking at how a trader can take the trip to expertise and...

The OP took up three things and he numbered them 1, 2, and 3. Behavioral finance focuses in four areas and has determined the results A, B, C and D. Behavioral Finance does measurement of information that is availalble. Naturally, the field of behavioral science provides solutions for...

I use a little box to examine stuff. Information comes in the left side. A "meaurement" input comes down into the box from the top. Output results and pours out the lwer right corner.

Relating behavior to markets is very interesting. Being specific emerges from looking at about 6 things. The bottomline is that any person can use his emotions as "tells" regarding his strengths and/or weaknesses. When a person is less than optimally skilled and knowledgeable to partner...

Take a look at a market. For simplicity, look at the ES. The market is a simple system. It has participants. RTH's define time in a finite manner. There are records. These are available. Some are standing records others are past events records. It is very precise and...