Aggressive people are better traders !!!

Quote from the1:

You don't have to be an asshole. You need unwavering confidence, perhaps to the level of being somewhat arrogant.
Watch-out for this....arrogant = over confident.
You don't want to be that way in a badly losing trade....
 
current summary of thread:
to be a better trader, you have to be
"confident, a softie until you ve found the edge, patient lika a predator, staying power".

Briefly said: emotionless.

What else are people wihout any emotion, than assholes ???
 
Agree, which is the reason I used the word 'somewhat.' Truly arrogant traders are destined to fail but having a touch of arrogance isn't necessarily a bad thing. Confidence is a hard thing to acquire, however. It can only come with time and a travel through the University of Hard Knocks.

Quote from syswizard:

Watch-out for this....arrogant = over confident.
You don't want to be that way in a badly losing trade....
 
Quote from the1:

Agree, which is the reason I used the word 'somewhat.' Truly arrogant traders are destined to fail but having a touch of arrogance isn't necessarily a bad thing. Confidence is a hard thing to acquire, however. It can only come with time and a travel through the University of Hard Knocks.
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my trading is like an extreme sport. like making a triple backflip on the snowboard over a 35 meters cliff.

for that a little bit of arrogance is not false. the selfconfidence will come when you in the air, over the cliff. or shall i say when you be in the trade.

arrogance creates selfconfidence creates arrogance creates selfonfidendce creates arrogance
 
Quote from HATEtheRisk:

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my trading is like an extreme sport. like making a triple backflip on the snowboard over a 35 meters cliff.

for that a little bit of arrogance is not false. the selfconfidence will come when you in the air, over the cliff. or shall i say when you be in the trade.

arrogance creates selfconfidence creates arrogance creates selfonfidendce creates arrogance

Arrogance gives you the feeling of superiority and thus removes self doubt. If your trades suffer from self doubt then get a little more arrogant about your trades. Stick to your plan though. Too much arrogance will ruin you.
 
It is a proven fact that the great traders are schizotypal paranoids and generally sociopathic and/or bipolar. The vast majority can be aggressive or passive but are otherwise generally normal and make up the average market participant.

Case in point, he is the guy who is buying without a drop of sweat when billion dollar funds are peeing in their pants and literally in liquidation. He is the guy who is saying short when buying is all the rage at cocktail parties.

Quote from playmoney:

Arrogance gives you the feeling of superiority and thus removes self doubt. If your trades suffer from self doubt then get a little more arrogant about your trades. Stick to your plan though. Too much arrogance will ruin you.
 
it's better to make a mistake than do nothing- you can work your way out of a mistake profitably... if you do nothing its impossible to make money.
 
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