Characteristics of a Successful Trader

Quote from austinp:

<i>"A successful trader doesn't give a fuck about these psychological BS."</i>

So we cleared up the fact about your swearing in this thread before. Hope your pattern recognition skills are stronger in the charts than that. Serious traders who reach the stage of this thread have long ago mastered the nuts, bolts and tape-reading skills necessary to know where price is going much more often than not. That part is difficult, but there are other aspects of trading execution much more difficult left to be hurdled.

The losers, drunks, druggies and mental cases you refer to working with before are no exception to that law. They either mastered self-control or will succomb to it. No exceptions.

Why do you think a vast majority of traders shorted and shorted and shorted the tape from open to highs today? Why do you think so many people most assuredly blew out by/before the end? The same reason(s) they always do inside strong trend moves.

Etc x 1,000 is what the context of those posts meant to say. But you knew that already, being the trade desk expert and all. You have every right to express your opinions in this low-brow message board environment, no doubt. Hope you enjoyed your contributions, priceless or worthless as the onlookers found them to be.

out
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You must have a very narrow peripheral mind. Actually, it's an amazing talent with how much BS you can write with a single sentence I've written.... hrrm.... I've actually reviewed all your posts in this thread... I've actually written stuff why I think psychology is useless. But seemingly... you're only here to bash on me. Other than that, you've bragged how well you trade (I made 4Gs... I went short all the way... I made $xxx today. blah blah blah).

So what does that really make YOU? "The real troll in this thread." Everything you seem to praise is contrary to what you have posted in this thread so far.

Self-control? You seemingly don't have any.

Pattern Recognition? Well... you certainly have a pattern.

austinp, I hope you find your own posts interesting as I think of them as. And YES, you have character.

Editing this in:

Come to think of it. You're the perfect example of why psychology is useless. I'm not going to judge whether you make money or not, but if you've really "mastered" tape reading and you've hit a top, in terms of skills, as a discretionary trader. You don't have to be humble, analytical or emotionless. You can make money without it.

Interesting.
 
Quote from TSGannGalt:

hrrm.... I've actually reviewed all your posts in this thread... I've actually written stuff why I think psychology is useless.

Come to think of it. You're the perfect example of why psychology is useless.

You don't have to be humble, analytical or emotionless. You can make money without it.

Interesting. [/B]
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Geez, you're too easy. Talk out both sides of your mouth much?

You said: "I've actually written stuff why I think psychology is useless."
Yet you also write that you agree with Van Tharp. Sorry but you're busted. Van Tharp is a psychologist. Further I took his Peak performance course back in the 90's.

From Van Tharp: Over the years Tharp has helped people overcome problems with system development and trading psychology.

And oh yeah -- per your last statement you can make $$ if you are humble, analytical and can handle your emotions. You've clearly indicated your lack of emotional control. Just read your posts --- lashing out, "needing" to be right", speaking down to people. A clear sign of someone who is at least somewhat insecure and unable to control his/her emotions.

Case closed.
 
a successfull trader doesn't buy books ...he goes to BARNES and NOBLE and reads the books there ...why pay for junk....by doing this you are making money without knowing it..

the best teacher is:" the market itself "

a successfull trader doesn't teach nobody ...i mean the stuff that makes money ....why teach morons if they have a big family to help how to trade.............
 
Quote from DHOHHI:

Geez, you're too easy. Talk out both sides of your mouth much?

You said: "I've actually written stuff why I think psychology is useless."
Yet you also write that you agree with Van Tharp. Sorry but you're busted. Van Tharp is a psychologist. Further I took his Peak performance course back in the 90's.

From Van Tharp: Over the years Tharp has helped people overcome problems with system development and trading psychology.

And oh yeah -- per your last statement you can make $$ if you are humble, analytical and can handle your emotions. You've clearly indicated your lack of emotional control. Just read your posts --- lashing out, "needing" to be right", speaking down to people. A clear sign of someone who is at least somewhat insecure and unable to control his/her emotions.

Case closed.
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Again... you're another narrow minded mofo, or have some short term memory problem.

Van Tharp mentions you need a positive expectancy trading style. I agree with that to an extent. I've taken his course, met the guy and had dinner with him. I used loads of cash for the seminar shit. But yet again, I've written this a few posts back. Read back my post.

I wrote you can WITHOUT being humble, analytical and can handle your emotions... (It's been over 30 min. since my last post... There's no way I can edit it... so re-read it)

I'll write what seems to be your problem. You either believe everything what a person says or nothing a person says based on some odd criteria you have. You don't have the brains to actually listen, comprehend and understand what person is actually saying. It's really sad...

Or perhaps, you're just a retard...
 
Quote from TSGannGalt:

Again... you're another narrow minded mofo, or have some short term memory problem.

I'll write what seems to be your problem. You either believe everything what a person says or nothing a person says based on some odd criteria you have. You don't have the brains to actual listen, comprehend and understand what person is actually saying. It's really sad...

Or perhaps, you're just a retard...
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Nice post! Very mature. "Mofo", "retard". Classy.

PS I don't have a problem. I'm very happy with my trading and the outcome the past 13+ years. And I'm perplexed by you contradicting yourself multiple times.

What makes a good, and successful trader, is the ability to be open minded and not be set in their thinking. You can learn a lot in this regard.
 
Quote from DHOHHI:

Nice post! Very mature. "Mofo", "retard". Classy.

PS I don't have a problem. I'm very happy with my trading and the outcome the past 13+ years.

What makes a good, and successful trader, is the ability to be open minded and not be set in their thinking. You can learn a lot in this regard.
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???

What's new "moron"?

Open-minded? You can only comprehend snippets of what I post.

Not be set in their thinking? You take the snippets of words and somehow rearrange them to a whole different meaning.

... you can't be that "stupid" and "blindly focused" for me? Perhaps, you're re-arranging them for the people who has me on ignore... reading your QUOTED area... nahhh... you can't be that smart...

"FUCKER"

... that's 3(5) words... want more?
 
I got a series of PMs from a dude who took things extremely personally with the material I've written.

When I mean extremely... I mean extremely...

DHOHHI...

You are correct. Everything "I HAVE WRITTEN" and believe is bullshit. No one should follow, believe or read what I've wrote. It's all bullshit. Trading is about psychology. Everything we do comes from our mental / psychological being.

I apologize for offending you in ways I never imagined. Last thing I want to do is to ruin a guy's trading career... I was only providing a different perspective about trading in a very obsecure way.

I swear that I will not post in this thread agian. Go on with the discussion.
 
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