Emotions - How do you deal with it?

ammo said:
xelite777




"The only way."..your mistake is right here, the only way is similar to never and always,an absolute...excepting it as one shuts off or stymies growth(brain keeps improving when you think you have control of it),control is another misnomer... the only way is just one of many



i have add, think it was adhd when in grade school high school,no longer bouncing off the walls,
anyway,there is a chemical your brain overproduces,norepinephrine, which most often acts negatively on the brain and alters emotions ,also some belief that the overproductoion causes under production in dopamine and seratonin,which would be uppers,that are lacking

now with that thought process, i look at myself as a chemical makeup with negative or depression tendencies,, i prefer cream in my coffee, thats a choice, the brain chemicals can be combated but the bodies urge to keep over and under producing persists,not a choice, which would make all the i cant's and what an ass for making that trade,all the deabilitating negatives louder

if you think of yourself as a self,one of millions,not myself, then these emotions are just something that you tend to like clipping your nails,it's just one of the things a human needs to tend to, they are no longer a big deal,you dont blame yourself, you take the i,me,my..out of it, you blame the self and it's natural human tendencies, you just stand outside of the self and macro manage those tendencies, the choice is yours,outsmart yourself
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Are you alright, Ammo? :confused:
 
DR.BOUYE said:
As I have already stated, the historical performance of any given system or method, should by no means act as a future guarantor.
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At the very least a backtest will make sure you are not trading a losing system.

And God knows there are plenty of them!
 
cornix said:
Absolutely agree. But the only relatively objective trading system measurement tool I know is extrapolation of past results into the future, while being fully aware it's far from being ideal and absolutely reliable. There is always a chance that some system "stops working". For such cases, provided we have no way to see future, risk management probably makes the most sense.

Like: compare the current draw-down to historical draw-downs and have a rule to admit the system as not profitable preferably before all the profits previously gained are given back.
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Consideration: The system or methodology must allow for profit taking at designated levels according to the account performance statistics (this should not be confused with the RISK:REWARD ratio)
 
xelite777 said:
At the very least a backtest will make sure you are not trading a losing system.


xelite777, I'm feeling rather reluctant here, introspectively, I do not wish to cover the same old ground. What more can I say?


Good luck, young man.
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cornix said:
Like: compare the current draw-down to historical draw-downs and have a rule to admit the system as not profitable preferably before all the profits previously gained are given back.
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From my own experience and testing this seemingly sound approach usually degrades the performance of a system in most cases, sometimes severely.
 
life cant be packed in boxes (rules) , neither trading ... deal , with it and accept that and go from there... ie. extremes wether ups or downs it all comes back to its mean on normal circumstances...

all u can do.. is narrow the range of that swings (emotional, psychological.. loss)...

the weakest link in any tought out trading plan , is, and will always be.. you (the human) ... tryhards will overthink anything anytime but they wont find teh HolyGrail doing that.. because they wont accept or simply overlook the obvious....

get it ?
 
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