Anger

anger is a very useful tool. just need to correlate it to the proper action when it occurs

Quote from Laissez Faire:

What if experiencing anger is a symptom that you don`t know what the hell it is you are doing?

Instead of looking to treat the symptom, treat the cause.

For me, I find that turning off my computer and calling it a day is the best action on those occasions that I may experience this state. On those days where I have not mustered the self-control to do just that, it has usually ended badly.

Just an idea. :)
More...
 
Quote from Laissez Faire:

What if experiencing anger is a symptom that you don`t know what the hell it is you are doing?

Instead of looking to treat the symptom, treat the cause.

For me, I find that turning off my computer and calling it a day is the best action on those occasions that I may experience this state. On those days where I have not mustered the self-control to do just that, it has usually ended badly.

Just an idea. :)
More...

not necesscelery...

you could be an elite trader or elite anything and experience anger....

b/c shit happens......
 
Quote from zdreg:

"Trading will force you to look into the mirror and change."
it may force you to look in the mirror but it can't force you to change.
women look in the mirror all the time. they say they are beautiful when they are as ugly as sin. they change nothing.
it is not simple to change.

an old saying is if you don't know yourself wall street is an expensive place to, learn.
More...

very good.
&
very funny.

LOL.:p
 
anger is being bugged about something and hanging on to it,usually you were wronged and any push of that button will trigger it,the our father has a part, forgive us our sins as we forgive others,very wise to practice this,by forgiving others ,we learn to forgive ourselves,it should be a daily ritual,do it every time you use the can,it'll become second nature and you won't be carrying around built up grief
 
Wow, i just lost 100k€.

Now i am very angry. I know what i did wrong.

Very angry...:mad: :mad: :mad:

Now, i make 200k€ back, you can bet your ass on it.
I dont make any mistake any more.

Fuck:mad:
 
Quote from HATEtheRisk:

Wow, i just lost 100k€.

Now i am very angry. I know what i did wrong.

Very angry...:mad: :mad: :mad:

Now, i make 200k€ back, you can bet your ass on it.
I dont make any mistake any more.

Fuck:mad:
More...

Anger sounds like whiplash to me in this case. Good luck with not making any more mistakes.
Rande Howell
 
I used to get angry/frustrated/hopeless when I believed that I should expect to win on the next trade and the market had other ideas. Now I enter a trade expecting to lose and have a plan in place to make sure that the loss is fast and small. When I get a winner it's a nice surprise and wait patiently for my cue to exit with a profit. Sometimes that cue just doesn't seem to come for weeks/months ... and in the meantime ...
 
Quote from DrEvil:

I used to get angry/frustrated/hopeless when I believed that I should expect to win on the next trade and the market had other ideas. Now I enter a trade expecting to lose and have a plan in place to make sure that the loss is fast and small. When I get a winner it's a nice surprise and wait patiently for my cue to exit with a profit. Sometimes that cue just doesn't seem to come for weeks/months ... and in the meantime ...
More...

WTF ???
How can you trade to expecting a loss ???

I trade to WIN, and so you should do, too !!!

Its better to expect to win.
A winner should never be a surprise, it shoud be boring standard.

Why the fuck do you trade, to be surprised, when you make money ??? I dont understand your post. it seems pretty crazy to me !!!

sorry:confused: :confused: :confused:
 
trading to not lose big vs. winning big is very profitable way of thinking and has longevity. all the great hedge funds of the past 30 years have invested in controlling loss first. most managers and traders with outsized returns one year inevitably lose it all.

Quote from HATEtheRisk:

WTF ???
How can you trade to expecting a loss ???

I trade to WIN, and so you should do, too !!!

Its better to expect to win.
A winner should never be a surprise, it shoud be boring standard.

Why the fuck do you trade, to be surprised, when you make money ??? I dont understand your post. it seems pretty crazy to me !!!

sorry:confused: :confused: :confused:
More...
 
Greeting HTF,

I believe you've misunderstood Dr E's meaning and intentions, as I understand them.

I believe that what he meant is that; when he places his trade, his mode of operation is to immediately; "turn to the defensive", in that he is immediately preparing to manage a loss.

He is not "expecting to lose" on the trade, per se. However, his modis operandi is to prepare to move to the defensive, to immediately expect to manage a loss. And since his center of attention is focused on managing the loss, a sudden move to profitability is often a welcome surprise.

And that is a very highly effective Risk Control Strategy.

Dr. E, please correct me if I am mistaken, and accept my apologies.

KDASFTG
 
You must log in or register to reply here.
Back
Top