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Hello, OP, I couldn't figure out how to send you a DM, so please see the attached PDF. I hope this helps you gain clarity if nothing else.

Dking93, I'd like to quote Yoda "Do or do not. There is no try." Scratches happen when you have an idea, then a few time bars later you second-guess yourself. This is far too common among traders who have an incomplete outlook on trading, or lack vital elements to their trading system. There...

Let me chime in since I'm the one that posted the poll. Here's how I see it: >You're smart. >You're an introvert >As such, you are aware of the dangers of following the "sheeple" and you would prefer to find your own path alone. One that demonstrates your intelligence and separates you from...

Lol, yeah the hook up section is why I started this thread in the first place. My take on this is that people begin trading in the first place because they are seeking validation for something probably related to their intelligence or worth as a human being. That's why majority are introverts...

I don't know about poker, but I play Texas Hold 'em and I do well at FOREX. I definitely see some strong correlations. First, the best pocket hand in Texas Hold 'em is Aces (AA), but that's a very low hand overall since it is only one pair. You really won't know anything about your chances of...

I feel like I actually have an answer to this question. This (attached) is it. 5 pages. Basically, after you've been trading long enough to experience certain phenomena, here's what to do about it.

Not true. It would be true in the case if Russian roulette where there is no benefit to "winning". In an all-risk-no-reward scenario like RR, your statement is accurate. But in a game like trading you have to account for the potential gain and the cost of that gain. If you have a 5/6 chance of a...

No dist, but the comment reveals why you will never reach your potential as a trader. You seem to think that anything other than the socially approved risk management strategy is just Russian roulette. I bet you're the type of person who thinks that Stop Losses are vital to every trade, and you...

Insurance is $400/month with a $5000 deductible. That's $4800/yr that goes into my savings account instead of going straight to the insurance co. After 20 years accident free, I was able to pay for 3 children, a broken bone and a tooth extraction and I'm still miles ahead. I take my health...

I appreciate the feedback. I actually got enough data to know I need to take this in another direction. At this point I'm certain the delineating factor between those who have trouble following their system and those who don't isn't introvert vs. extrovert. I'm leaning towards the idea that it...

I've made a key observation about market movement that could apply here. When the price moves fast, as in a directional trend or a rally, the end of it is much easier to spot than when the price moves slow, as in a consolidation or counter trend. People who are trying to get precise entries...

What are the alternatives? Technical, fundamental, and...?

Wow! you're a good writer. Or you know about Chat GPT. Either way, thanks For those of you that don't want to read it, the basic premise is a virtual Prop Trading Firm Manager in your pocket. Conceptual leadership. It's not a trading system or a technical analysis book.

Based on the results I wrote and posted a few pages of a small book I might put together. The PDF is in this other thread along with a survey question at the top. Thanks for your votes and input. https://www.elitetrader.com/et/threads/hypothetically-would-you-buy-this-book.375381/

I know a lot of traders have trouble following their system, so I thought I'd put together a book to help. The first two pages are attached in rough draft form. Nothing fancy. Hypothetically, if I was to finish writing this and get it self published, fully edited with illustrations, is it...

Well the results are in and we have 30 honest people and one guy in denial.

Holy crap. That's kind of what I expected, but I didn't know it would be that severe. Now I need to figure out if this is unique to ET and other online forums, or if this true across the board.

I'm wanting to collect some data for a hypothesis I have about the type of people that are attracted to trading for a living. Can you help? Thanks in advance!

That's a very interesting take. Yes, risk is everywhere. I think the best safeguard against being blindsided is to understand the nature of the environment. We didn't choose to be on earth, so a cataclysmic asteroid isn't considered risk. It's considered a hazard of being stuck here. Risk is...

Absolutely not. I can show you dozens of examples how this is not true and could easily trap someone who believes this.