Doing virutal or actual trading could damage human brains?
- Thread starter OddTrader
- Start date
- Status
i no gimme kredit k ?Jack,
in the picture you posted (see the link) there are five cells with failure eventually leading to irreversible failure.The upper right cell suggests a questionable outcome. The implication of the dynamics in the cells with failure is inevitable heading towards irreversible failure. To put it differently, the end result of being in one of those cells means the end of a trading carreer in some time in the future. The question is, what can be done, if a trader finds himself in one of those cells? And what can be done, if a trader finds himself in the cell with irreversible failure, but is willing to start again? I mean, can the influence of the crosswiring in the mind,you mention be overcome?
http://www.elitetrader.com/vb/attachment.php?s=&postid=1995782
The question is, what can be done, if a trader finds himself in one of those cells?
]Step out of trading for a moment. Look at the chart as a sheet laying on a kitchen table.
With a yellow pad but a box representing the chart in the center of the page. Draw a line with points on it as to how you came to the box from way outside the box. Note the points.
It is hard to do if you are emotionally caught up or intellectually unable to think critically. You have neither of those handicaps. So far you have been asking about resourses, questions that relate in a direct path to making a new beginning and today you have arrived at making the new beginning.
So you have demonstrated, behaviorally, that you know just what has to be done. You have to begin again.
your emotions are in balance as we dialog here. So lets stay here and get to work on the IQ part of the deal.
As a person with all kinds of history, we get to use that to build your business plan and your trading plan.
The people in this world operate mostly from a Behavioralist and Localizationism orientation. For example if you have a stroke and are paralized on your right side, you get therapy a couple hours every two weeks for a while and go into a life of assisted living.
If after 8 years you decide you have had enough, then you get yourself to a place that can fix you. You step out of the CW of stroke treatment and in three weeks you are 50% recovered and well on the way towards playing tennis again. It doesn't matter if you played tennis before.
And what can be done, if a trader finds himself in the cell with irreversible failure, but is willing to start again?
The word "willing" comes to you further to the left in the emotional columns than the right column.
You also get out your old business plan and your old trading plan and use the headers in each as an outline and abreviate both down to a History section for use in each new plan you will be building.
I mean, can the influence of the crosswiring in the mind,you mention be overcome?
This is not an influence. We need to adjust to reality. The crosswiring is there it is developed thoroughly and it is not going to go way easily. We are at the bottom of the row of the chart.
Being at the bottom means it cannot get any worse. So we have a baseline. And it is WEDGIE time.
For IQ we have to learn to learn first. This is a major change for most people since they know nothing about how their brains or minds work.
Have "The Brain That Changes Itself" read by next Monday. You use your phone or computer to find a copy. You get in your car and get the copy or you pay 100 bucks to get it airlifted to the airport and go pick it up.
Be sure to understand CI therapy and learned nonuse. CI stands for Constraint Induced (think stroke causing a constraint or repeated failure causing a constraint.)
big hog has learned nonuse. So do all price action traders. They have had a stroke and can't use their right arm; they compensate by using their left arm for every need. the names of their arms are: right arm=volume; left arm=price.. As you see they cannot do any heavy lifting (known as making money).
Make sure you know all about the Silver Spring monkeys and PETA and NIH in relation to the monkeys.
Over time I am going to take you through exiting Behaviorism (stimulus and reaction) to your being able to "volunteer" to use your mind to make money.
Pool extraction does have a mental and intellectual secret imbedded in it. Trading is not a Behavioral activity it turns out. To learn to trade you do not sit and look at the market and then think up back tests for edges and Sharpe Ratios and stops and protection to make a little money. The very outstanding proof that this doe not work is the failure rate which is well over any failure rate of anything in the financial world whatsoever. People who do not know how to trade cannot teach people how to trade. People who do not know how learning works, cannot teach people to learn.
You are ready to begin once you learn how to learn.
We need to do the intellectual task of a Planned Effective Comprehensive Approach. We will start with the Seed as previously mentioned. there are many ways to trade successfully. They all have Business Plans and Trading Plans that are planned effective comprehensive approaches that start from a rational seed and build enough shells to become comprehensive and expert.
This thread seems completely off track now, but for those who are interest in the original topic:
Trading will generally be good for the brain. Example: Those who are educated and those with "knowledge worker" type jobs are significantly less likely to suffer dementia. Now if your trading has become to you very boring, repetitive and tedious, then it might be the opposite. Workers in more "mindless" jobs have significantly higher rates of dementia. But I doubt anyone could trade well with their brain turned off!
Also, it should be noted that elevated levels of cortisol are extremely hard on the brain, so if your trading is stressful to you, you could be doing damage:
http://www.peaktestosterone.com/brain.htm
Many thanks for the useful site. Much appreciated!
Q
http://www.peaktestosterone.com/MyStory.htm
Mind and Learning:
Learn Languages, Musical Instruments, New Locales and New Subjects/Materials Daily using auditory as well as visual stimuli. (Goal: Challenge the mind into new dendrite growth.) [Normal reading, crossword puzzles and anything that is familiar will not do this for you. You must literally learn a new school, teach and/or do something creative.]
Competitive and Winning Mental Outlook and Attitudes (Goal: Maintain youthful testosterone levels and immune function.)
UQ
Jack,
I'm deeply grateful for your response. The book is under way.
There are some passages in your post, I couldn't understand. I'll try to digest it with a fresh mind tomorrow morning. Thank you for your generosity. I guess and hope there are a lot of lurkers waiting for a solution to their problems.
hey i wanna but jacks book - who knows when you'll run out of toilet paper. just hope it's double spaced so the ink won't spear all over my a$$.
why would anyone buy a book when you can read all the dribble in excruciating detail here in petite trader.
just ask his followers for donations why waste time on a book. ok just tell me what paypal email to send the donation to i know yall need it.
This is a very interesting topic. Science has basically learned that the brain is much "plastic" than was prevously thought. There are many excellent books out about the subject. If anyone is interested, let me know. But keep in mind that if you take care of yourself physiologically and stimulate the brain, science is finding out that you can actually literally rewire the brain at any age. Of course, the young can do this faster and better. But everyone can do it.
In the meantime, you MUST protect your brain against plaques and tangles. This is critical to avoid dementia/Alzheimer's later. (And of course you have to protect your brain from strokes as well!)
With a relatively low amount of work you can protect your brain and keep it in top working condition...
Thanks again. I would like to learn and know more about controlling and improving HBP (high blood pressure).
I am wondering whether HBP would be related/ associated with trading activities.
Q
http://www.peaktestosterone.com/Pressure.htm
Elevated blood pressure (hypertension) is one of the symptoms of Metabolic Syndrome which, besides robbing you of all your bedroom glory, leads to heart disease and stroke. Having your blood pressure just slightly above youthful 120/80 values leads to greatly increased risk of heart disease. In fact, one 2006 study found that readings of 120-129/80-84 led to a 180% greater heart disease risk probability. So, unless you're suicidal, this needs to be priority number one for you. [6].
High blood pressure is also associated with "brain damage". Of course, high blood pressure is associated with strokes. In addition, one large study of 999 men found that "cross-sectional measurements at age 70 showed that high 24-hour BP, nondipping, insulin resistance, and diabetes all were related to low cognitive function". [10]
UQ
- Status