I read all of this stuff and I think what is wrong with these people. they are really coming up with all kinds of excuses for not being cut out for trading. do you think BORSELINO or any of the 20,000 plus locals went thru all of this crap everyday about I need a therapist. my psychology is off. blah blah blah. sure read a book about it that is good but everything you hear and are told to do is to make money for someone else further separating you from your own goal. Pay a hedge fund or buy an index fund and go find out what you are good at because if you need this and that then you probably are not good at it. Lots of people can CALL mkts correctly but very few can put on trades correctly and even more. You want to make big money then how are you ever going to put on real size if you have all of this SELF DOUBT all the time. there is no answer from someone else about you or about the mkts. make firm quit date. add up your risk capital and go for it. if it doesn't work you are only wasting your time which should be worth more than any amount of money you might make trading. holy crap.. this site makes me realize how amazing I have it on the daily. imagine these posts being real conversations at dinner with girls or wives around and fellow traders.. sounds like a bunch of pussies. if you ask me. yeah i used to make 7 figure. but now i cannot make a dime.. i need help. im having trouble with psychology. um.. way more than psychology.
The first time I ever heard of an financial institution that had an in house psycho therapist for its traders was Citigroup. Later, I heard about other financial institutions having psychologists, psycho therapists, performance coaches and so on via whatever title they gave them...
These were billion dollars financial institutions trying to protect their traders that manage or traded their money...million
s of dollars.
Around the same time, I started hearing about top athletes hiring performance coaches (there's those words again) and then I started hearing about a famous hospitals doing the same, police departments and returning soldiers from combat.
I started thinking, everybody in the whole world are
not going crazy while trying to do their job...right ?
What's going on...can the pressures & job be that impactful on your quality of life or job performance ?
Then I started thinking about all those stories and slangs about "going postal on someone" involving problems at the job. People just flip out...not themselves for a few minutes, hours, days, weeks or months. All those Youtube videos of people fighting in public, fighting at sport arenas even parents attacking a pitcher (little kid) that just struck out their kid in some baseball game.
Many of these stories are not about someone that was mentally ill...they are about someone that just
snap...lost control of their emotions when they were
not getting help or
stopped getting help.
People are on edge for many reasons just in case you don't pay attention to what's going on in your neighborhood, city, social media or TV.
Therefore, the next time you see a trader lose control or blow up their trading account in a single day or within a very short duration, someone start throwing punches because they lost the competition, someone murders someone, road rage or someone that commits suicide...
You can tell them to their face or to the face of their loved ones...
Imagine these posts being real conversations at dinner with girls or wives around and fellow traders.. sounds like a bunch of pussies.
Dude grow up
wrbtrader