Are you Cold Blooded?

[Cheese]

Quote from qll:
Cold-blooded traders take on the directions of their surroundings. They long gold when gold is high and going higher and short when low and going lower.

Really?
You will need to have a better methodology than that if you want to make your fortune.

 

[Cutten]

I find that the more rational i become, the more passionate I become. Because I am passionate about the right things, and rational about things which don't deserve passion. I was passionately interested in the quality of play in the world cup, and didn't give a damn shit who won (except to prefer that the team with the better attitude would win it). I feel the event in a much more true sense than the partisan crowds who just care if their tribe gets to "win".

 

[Mr B]

cold blooded about trading, I just wait for the signal, hit market, put in my stop and exit and my eyes glaze over.

I am less emotional than in the past. Was going through turnstiles at Victoria station in London a while back and I dropped £20. In the past I would have been pissed off about losing money - but having traded for a living I just said "it's gone it's not coming back" and got on the train.

 

[HoundDogOne]

Good post and good thread.

I have always been cold and rational about trading...

But it's running a securities business for 10+ years...
Seeing what a sleazy business it often is...
Being unfairly harassed by regulators...
Dealing with partners that don't care if I live or die...
Just show me the f*cking profits.

That has made me cold-blooded towards most things.

Soros had a existential crisis in his mid-40s...
Lost the desire to make money for rich, greedy, ungrateful bastards...
And began to channel most of his energies into philanthropy.

I know how he felt.