Making trading a subconscious habit is the key
- Thread starter Malibu
- Start date
The difficulty level in manually trading a live market that is unfolding in front of you where you have to analyze and execute simultaneously in my belief is harder than most people can ever imagine and not possible for the vast majority of even the smartest market participants. People don't want to hear that.
Answer: automate or trade the daily chart.
Answer: automate or trade the daily chart.
LOL sure you more than you "think".
left leg right leg left leg right leg….
Yes, but you need a working system in place first, and that's the tricky part for many is arriving with a working system.
Once there, it's a matter of resolve staying the course, remaing focused, going over and over repeating your model.
What happens then is the trader begins to refine the model, making it more efficient.
Discipline to rinse and repeat would be a difficult mission for some.
The human subconscious can not process ever-changing variables and data points with consistency.
And black boxes can only process those variables and data points it has been programmed to "see".
Trading is INTENTIONAL and DELIBERATE.
And black boxes can only process those variables and data points it has been programmed to "see".
Trading is INTENTIONAL and DELIBERATE.
LOL. TYPING IS CREATING A DOCUMENT AND REQUIRES THINKING. Riding a bike you ain’t thinking about wheels rolling, the legs churning, the pedals going around, the chain turning. You are cruising along with these things running in the background. You respond automatically to your environment. It is like breathing. You don’t consciously think of sucking in air to your lungs. You don’t think consciously of your heart beating. These things run in the background. Yes an investor may engage the market with more of a conscious decision but a scalper is reacting to the ever changing environment. He subconsciously see patterns arising because of years of trading and generally doesn’t have to “think” too much about it. He just reacts almost, without thinking. In scalping he cannot afford to overthink something. Once things are drilled into his mind he reacts quickly without much conscious thought being involved. However it does take several years to reach that point. Prior to that yes he thinks through things as he is learning much like riding a bike the first few times. IMO.