Psychological and emotional triggers in chart patterns

mute9003 said:
So obviously pros look for triggers in stock patterns to initiate their trading activities and ignore other triggers that are traps and that are useless
Meanwhile noobs seem to keep falling for those triggers that are opposite of pros
Alot of traders deny this for some reason when its obvious even to a new trader like me
noobs on average act in a way that will make them lose money

i do that as well with consistency
I manage to buy right before a good size dip.
And watch many runs that i looked at and thought damn this about to run i should buy but end up just watching it.
cant figure out what devil possessed me to do that in each case.
so im here asking what are some common triggers in the chart patterns that make noobs buy
We already know the triggers that make pros buy at the right time its horse beaten over and over
More...
%%
WELL, looks like you are like me \proved for sure market is not random+ did faaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaar worse than random/ first year.LOL:D:D
Flip wilson had a funny line ''the devil made me do that'' Actually the devil can NOT make you do anything\ you any trader/investors choses to do that.
MOST of the market millionaires buy every month for 40 years;
or are market makers/specialist.
Years /7 year$ of chart study+ good plan may help some, that takes personal responsibility.
I love to target shoot/ no gun , however pulls its own trigger, a human has to [chose], to do that.
Good question,,M900. Wisdom is profitable to direct.......
 
Being a new trader doesn't even have anything to do with emotional triggers.

It's hardwired to the type of individual you are.

Like this guy for example....

Brag about wins, proceeds to break all rules and takes a huge loss. Rinse & repeat!

 
Last edited:
this is just one of the few sources that mentions the beginers selling consistently at the worst times

trading in the zone also mentions multiple times about beginers selling at precisely the worst times before trend reverses...
considering that beginers lack any technical knowledge is what lead me to a conclusion that there must be psychological triggers built in the chart itsself that trigger emotions in beginer traders because there is really no technical indicators that would trigger it since they have no understanding of them yet.
 
mute9003 said:
this is just one of the few sources that mentions the beginers selling consistently at the worst times

trading in the zone also mentions multiple times about beginers selling at precisely the worst times before trend reverses...
considering that beginers lack any technical knowledge is what lead me to a conclusion that there must be psychological triggers built in the chart itsself that trigger emotions in beginer traders because there is really no technical indicators that would trigger it since they have no understanding of them yet.
More...

mute9003, You state in your leadup - "considering that beginers lack any technical knowledge"
"selling at precisely the worst times"
9003, Why would a blind man play in traffic?
What should that ill-prepared trader expect from stepping into the ring with some of the smartest, highly motivated and experienced, well-funded people on the planet who relish playing for Keeps?
https://www.urbandictionary.com/define.php?term=hand you your ass
 

Attachments

  • question.jpg
    question.jpg
    20.5 KB · Views: 9
mute9003 said:
...considering that beginers lack any technical knowledge is what lead me to a conclusion that there must be psychological triggers built in the chart itsself that trigger emotions in beginer traders because there is really no technical indicators that would trigger it since they have no understanding of them yet.
More...

It's just you considering you're not able to post a single chart of a chart pattern that you traded and lost as a result of "psychological triggers" built in the chart.

wrbtrader
 
If you dont know then skip the post. Instead of trying to derail it because you ego wont let it go.
Dont know what you trying to prove here and why.
Because you are certainly not trying to help
 
You must log in or register to reply here.
Back
Top