Anger

[HATEtheRisk]

Quote from KDASFTG:

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

Hi,

of course you have to control the risk, when you are entered a position, to not get any loss.

But to be surprised of a good win, is stupid.
Why the fuck do you trade then ? To be surprised, when you win ?
If yes, you shouldnt trade in the first place !!!

To win: you must trade to win and control the risk until your trade is safe, then you must control your profit until all odds change against you, or you have made enough profits for you in this trade.....

Of course i have understood, that he meant, he must be in the first line, defensive to dont loose any money or too much, if the price dont move how he expected it.
But the goal of the game is to predict the price move correctly and make money.

Being surprised of wining is just a stupid, saying !!! extremely stupid !!! I dont care what Hedge Funds are doing. Every one who is successfull, trades to WIN, and not to be surprised, when the bet was correct.......What a joke !!!!

 

[DrEvil]

Let me clarify two things. I trade trends, preferably weeks to months if I can find one. When I refer to a trade as a loser, I mean that the trade is not proving to be what I consider a winner ... that does not necessarily mean that it is showing me a loss.

Now, I say that I expect to lose simply because in my experience the majority of my trades are not winners. So all I am doing is recognising that on average the next trade is unlikely to be a winner. Another way to explain this is that I feel that to be a winner in the long term I must be a great loser in the short term. Does that make anymore sense?

 

[asap]

Quote from Audi_R8:

How to do diffuse it?

Too many things in trading will not go right, how do you
not get pissed off which leads to inevitable stupidity?

in my experience nothing compares to get laid, when it comes to manage anger.

first, sex is about a good pounding, hence one's anger will help to perform adequately. and secondly, all of the sudden, being a helpless loser at trading doesn't feel bad anymore because you're scoring big in other field, which is good for your morale and self esteem.

here's my personal schedule:

1 bad trade = a quickie with a sweetie
3 bad trades = a ffm threesome
10 or more bad trades in a row = let's hit one of the rio de janeiro whore houses for week or so and beat the word record.

hope it helps.

 

[ammo]

Quote from DrEvil:

Let me clarify two things. I trade trends, preferably weeks to months if I can find one. When I refer to a trade as a loser, I mean that the trade is not proving to be what I consider a winner ... that does not necessarily mean that it is showing me a loss.

Now, I say that I expect to lose simply because in my experience the majority of my trades are not winners. So all I am doing is recognising that on average the next trade is unlikely to be a winner. Another way to explain this is that I feel that to be a winner in the long term I must be a great loser in the short term. Does that make anymore sense?

95% of my trades start as losers,by a tick a point 5 points,timing is tough ,am always early,but 17 out of 20 turn to winners,knowing which 3 to take a loss on is the tough part,know exactly what you mean

 

[J.Joseph]

Quote from Audi_R8:

How to do diffuse it?

Too many things in trading will not go right, how do you
not get pissed off which leads to inevitable stupidity?

Can I drive your R8? It would really help me to relax. Thanks in advance.