risk & emotions? how active is your amygdala?

[tommcginnis]

one recent thread had a comment that 'if you need money, you can't trade.'

whether you agree or not,.....
https://www.newyorker.com/news/dispatch/alex-honnold-climbs-halfway-up-a-new-jersey-skyscraper
Now that is some risk -- or as the subject put it, "low risk, high consequence."

so, how active is *your* amygdala?

 

[Spectre2007]

amygdala ..you need to have zen in trading.. emotion fucks you up. The money should have no consequence.

 

[tiddlywinks]

“I differentiate between risk and consequence,” Honnold told me. “Sure, falling from this building is high consequence, but, for me, it’s low risk.” Then he shrugged.

For me, in trading, risk and consequence are the same. I don't know if I could comfortably and confidently separate the two.

 

[treeman]

Honnold is a beast, and in charge of all of his emotions. That, and he has memorized every move before he does it. It's first grade math for the guy.

 

[ElectricSavant]

I don't know about all of this...I always need money. I just grind away and survive to the next day to do my job. Some days are good and some days are bad. When reviewing, I question whether I traded well of not. some markets can be thieves...

Es

P.S. there are windows of entry..I just do not climb them I guess.