Search results

Yeah... I'm a layman. You are the psychologist. Speaking of which, I believe I am not the only one who would appreciate any practical tip you could share that could help with emotional control. I posted yesterday or the day before in another thread some of the stuff I do. I wonder if you could...

Exact psychiatric definitions and populirazations aside, a properly altered psychological make up, that denies emotional response seems to me to be most certainly beneficial in trading. Half the equation in trading is being unaffected by monetary considerations and by irrelevant information so...

The only remedy compatible with your trading is to replace the single exit with a relatively narrow scale out zone. That will prevent the emotional effects tied to extreme outcomes. Other solutions imply changing your approach which I assume you don't want to do. Although "lower your...

I developed a good understanding of the effects of emotions in trading through a process of analysis, intellectualization, introspection and detachment until I became more aware of its manifestations, its use. Then I strarted working on ways to limit its nefarious effects. Ways such as...

Making profits regularly using a purely mechanical response to price movement the way you mentioned, is essentially a betting strategy (or “money" or "trade management” as some pundits prefer calling it!) and you are merely affecting the distribution of the trading outcomes. So your...

On the other hand, some new monitors have auto rotate image when tilted (like on smartphones) With that feature not even tilting the screen gets you out of sideways... and then you are totally screwed :eek: I guess you could always lie sideways on your desk LMAO

You mind your own fu'ing business!!! Who the f*** are you to ask me how sociable I am. You *%&@...!! ... LMAO

--

Forex is more fun. 66% trimester base failure rate. 98% lose annually. If you can make better than that you are good. The longer the reference time frame, the higher the failure rate. Thousand fold increase in ten years is 5.9% monthly return average. You'd probably be one in a...

That anecdote doesn't make sense! Even without wings the third fly could still have caught an airplane. Or maybe it only spoke Spanish... Here's another one about flies. A fly enters into a room through the small opening of a partially closed window. It flies around for a bit and then...

Any more ideas, anyone, as to how and why it is possible for a simple positive expectancy game to arise and persist for retails to exploit in the given market reality? -ras72

In my opinion professionals manage their trade continually adjusting their position and hedge to take advantage of opportunities. With large enough size they break or enforce S/R levels. They have a better understanding of the game. They possess superior skills and use superior tools. They may...

In assessing trading performance it is impossible to differentiate the relative contribution of skill from luck (the randomness of the outcomes distribution and that of market conditions). Success also comes in many grades and there is a vast difference in individual capabilities between the...

With particular reference to spot FX and US futures markets, to what extent is the identity of the counterparties to a trade known? Do institutionals or any other market participants know? In real time? How precisely? Thanks -ras72 (To Admin: Feel free to change title with "Counterparties"...

Trading presents apparent ease, deceptively low barriers to entry and the enticement of large rewards while being in reality so demanding to play properly, exhaustively studying, consistently uncovering, tracking and exploiting opportunities as to be beyond the reach of the individual. The...

It comes down to not mixing whites with colored. Just the other day I ruined my favorite sweater. :(

I am not familiar with the subject. I was referring largely to individual, unprofessional mkt. participants and expressing my perplexity at a particular form of trading.

LOL I would give a dollar for A1 and one cent for DF20 :p:p And I sell X31 for one mil.

What. You don't play backtested setups yourself? You mean you add context and a degree of discretion?

No I don't. It isn't about that. I find it frustating. It's about me understanding.