Educators who Have Zero proof they even trade (99%) - wtf?

[volpri]

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I see what you mean;
100% sure emotions can be overruled. Its like my banker dad said '' i dont feel like going to work, but so what, we have work to do, so we go to work anyway anyway.''
My banker dad never put up with a dog that did not mind/LOL. If only trading wasas easy as solving a dog problem.
Ive been trading/investing for over 20+ years; so maybe patterns mean more/ with enough of them. Another way to solve a dog problem, community banker said he uses his shotgun.....................................................................................Great local banker\ he has no dog problem, no fighting dog problem for long[Edit thanks for noting dog problem, if only trading was as easy, as solving a dog problem]

LOL I’ll word it differently. They can’t be stopped. Your Dad can’t will them to not come. They are incessant and will appear at will.

What your Dad did is called discipline. Discipline is doing “what” you need to do, “when” you need to do it, and “how” you need to do it, paying attention to detail and doing it regardless of how you feel. In that sense yes they are overruled.

Emotions can only be acknowledged (which is what he did) then focus his attention on what has to be done. But they can’t be denied as if they never existed. They can’t be declared a hoax. They are real. But they will pass like a cloud drifting across a blue sky. They don’t have to be allowed to hog our attention and render us an emotional wreck. The quicker we acknowledge their presence then turn our attention to “what” has to be done then the faster they will slide across that blue sky. Until another one appears upon the horizon to take the previous ones place. This is never more true than in trading.

A dog that doesn’t mind can be shot or put down or given away. However, that can’t be done with emotions. We cannot become emotionless humans. They are here to remain, with one emotion replacing the previous one that drifted off the horizon. It is an enormous task to “will” them away, dominate them, or control them. It is a better strategy to acknowledge them then turn one “plena atención” to the task at hand.

 

[Millionaire]

If my trading results were not important then I wouldn't be trading.

Thats the problem we all have: we dream about making big money from trading, the results are important to us.

The hope is once you make that big money you wont be so results oriented anymore.
You can relax and be more process oriented.

I remember during the easy trading markets we had in 2008/2009, i ran up 100K to over 1million, then back down to 600K in 2010. I had many 10, 20, 30 even 50K losing days during that run and give back. None of them caused any major negative emotions. It was actually tremendous fun. And my trading was all automated with stops in place on every trade.

When i started back in 2002. I had 30K, I ground down to 25K with small losses. Then one day i went full tilt and lost another 5K in just one day. I was an emotional wreck, on the verge of crying. Because i was also out of work at the time and the money was very important.