Quote from Aisone:
Thanks for the feedback, Jack. I've not really heard the term 'bar volatility' but that makes a lot of sense and is definitely a fear trigger. Measuring it and volume levels to help with expectations and predictions would be interesting to monitor and I can see how could potentially help mitigate fears. Thanks for that insight.
On the other hand, I'm not sure it addresses my primary issue, which is to overcome fears as opposed to doing what I can to get rid of or lessen them. There will always be situations in trading that fear and anxieties will come into play, atleast for me, and I need to relearn how to cope with them properly no matter what level they manifest in. I used to consider fear and butterflies my friend, but over the years with the help of some personal experiences, it became my enemy to avoid and became associated with those situations. Those events no longer exist but the baggage obviously remains.
Part of me thinks I should parachute out of airplanes, bungee jump, or anything else (with minimal actual risk) that will terrify me, but I would rather be able to relearn the right behavior while trading and not spending on those things.
I used to go gliding twice a week and do acrobatics for about three hours. I only took one tow a day so I hade to ride thermals to go back upstairs (12K was my non oxy limit and 5 G's for my brain protection).
So you need treatment. The best, cheapest and most pemanent is EMDR.
Trading is giving you, and rightly so, a Lizard Syndrome to encourage you to quit trading.
The CW OODA consequences are anxiety, fear and anger for a simple reason. Betting and hoping do not work. A human knows this deeply.
I experience support, comfort and confidence as I trade. you have two sets of feeleings: one for being on the sidelines and one for being in a trade.
you enter and exit. you use pain as a measure of failure limits.
If I get twinges of what you feel all the time in a trade, I exit and journal to find out the answer to one and only one question.
Since all the while I know that I know, when I get into your situation just a little little bit, it means I do not know ompletely that I know for a moment.
I deal with that matter right then and there surgically.
To stop betting and hoping as the strategy, you have to examine why you "manage "risk" and "money". Neither need managing when you know you know. All you do is "extract" the offer.
your mind cannot erase and you have many things you decided to have in your mind long term. The consequence is your acquired "fears".
So also add "mindfulness" studies to your list. Zinn is great and he is at U Mass. you can also use the Eastern version by doing the Chopra courses.
All this stuff is also packaged for maintainance purposes.
Psych K is also good traing since it lets you self-test yourself as to what is right and what is wrong.
There are some very cool self montoring machines that you can attach to your computer. The boot camp of long ago posted the graphics as a person went through getting very skilled in mental stability. He also got rich and now helps others.
"knowing that you know" is mostly foreign to most traders.
Most trader never, in their lives, actually see the operation of the markets.
Education is not the answer either. Learning is if it is purposeful.
finally, the way to make money continually is to keep on the correct side of the market. So far you have said you do not know how to detect when the market is changing sides. this self fear carries over into about anything that has sides. Most things do have sides. Fighting was invented to keep the sides aware,
Outcomes are not too important; mostly it is about being correct rather that being complete and in balance.
