How do u deal w/ emotions from outside trading, like girls(friends)?

[RobSwe]

I have found, just for myself, that being a player disrupts both my investing and trading. I only began to become a successful trader once in a relationship for more than a year. Still play a little on the side but the long-term relationship is the main driving force behind my stable personal emotions. Also, once in a long term relationship, lowered my drinking/partying and I ended up moving to a different region than my parents/siblings and that helped as well. In fact I moved a few times and eventually found an area that suits my personality and needs.

Maybe good stable trading has a lot to do with maturity and growing up. I did not grow up yet in my early 20s, nor my mid 20s.

There's a lot of wisdom in your conclusions Pricechange and I enjoy reading
your personal journey since it is similar to mine and at the same time totally different.

Doing retrospective on your post Pricechange I come to the same conclusion:
A stable mind creates stable trading.

It can be expanded into life in general too. Good observation there.
You learn from the experience and apply the knowledge.

In short, that is the road to success in whatever you decide to do.
Simple formula, tricky to follow. That's psychology in a nutshell if I may be so
bold.

I made a similar journey personally but it took me to my 30's to get there
and involved a longer story that might make a book.

/Robert

 

[lemarche]

I've traded through my playboy years and relationship years and by far my best years were during my most serious relationship.

Thx for personal feedback. As I have already said, this could be consistent with the Market Wizards series, since the topic is not even touched upon. (cos all of them in stable(/"boring", i.e. not much to talk about) relationships?)
So far in this category are: PriceChange, wrbtrader's friend, rallymode, RobSwe
In the "thrill seeking" (possible psychological explanation would be the thrill in gals compensate the need for thrill in trading?): LuisHK

As far as emotions go, i have had the opposite problem over the years. It's the lack of emotion in trading that usually transfers over to my personal life and causes damage, not the other way around.

Not sure I understand what you mean, could be an interesting insight.

 

[southall]

I just thought about how very little is said about it in the Market Wizards books, when psychology is the main aspect of the series.

[

Treat your relationships like your best trades.

Same psychology applies.

Cut losers fast and let your winners ride.

And keep a trailing stop in place for when the winners also start to turn against you.

 

[JenalAripin]

http://www.urbandictionary.com/define.php?term=hard+sports

eeeh.....

Lol, dude. You NEED a partner to do that
Besides, there's a lot of stress reliever and antidepressant activities out there. You just need to find the one that suits to your personality...

 

[Redneck]

Treat your relationships like your best trades.

Same psychology applies.

Cut losers fast and let your winners ride.

And keep a trailing stop in place for when the winners also start to turn against you.

This.., in theory..., and superficially - appears it would work...

Filter out the disruptive..., remove the critics and cynics

End up with only supportive people surrounding you

====================

Issue is - supportive is typically associated with like minded

Group think - especially with regard to life..., and/or trading trading - is never good

Little food for thought

====================

I do agree turmoil is never good

The ultimate tool..., learn to compartmentalize - the ultimate solution..., eliminate it

RN

 

[Humpy]

Treat your relationships like your best trades.

Same psychology applies.

Cut losers fast and let your winners ride.

And keep a trailing stop in place for when the winners also start to turn against you.

If you can live with trading the markets as if it were your female boss your chances are better. Besides one can switch her off at will and she can provide. Both pluses absent in the wife/girlfriend.
Maybe they will invent on/off switches for women ? lol

 

[Visaria]

i read somewhere that when Jesse Livermore was trading, he was thinking about shagging and when he was shagging, his mind was on trading.

 

[heypa]

If you can't be like Spock then be a sociopath. If you can't do that then compartmentalize like Bill Clinton. If neither of these work then reduce size to the "I don't care level."If that doesn't work then paper trade. If that doesn't work then ask for help on the boards. If that doesn't help try porn. If that doesn't help QUIT you are probably not compatible with trading.

 

[Handle123]

.

 

[onemoreshot]

Lol handle