The Mental Edge In Trading

S

sysfraix

Interesting lecture by dr. Jason Williams, psychiatrist and son of Larry Williams:


He states that to be a good trader you should be low in the Neuroticism trait.
If you are low in Conscientiousness you should be a discretionary trader, if you are high then a systematic trader.
 
sysfraix said:
Interesting lecture by dr. Jason Williams, psychiatrist and son of Larry Williams:


He states that to be a good trader you should be low in the Neuroticism trait.
If you are low in Conscientiousness you should be a discretionary trader, if you are high then a systematic trader.
More...
Absolutely zero interest in watching something a psychiatrist has to say.
 
They all seem to want to join the bandwagon of those who coach/advise traders.
Strangely the most effective methods, such as dhamma (dot) org, are free ( based on voluntary donation only
from people who have completed it).
 
algofy said:
Absolutely zero interest in watching something a psychiatrist has to say.
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I agree,
I watched it for three minutes only. more like just one. -- probably gonna be a whole bunch of psycho useless, sleepy theory babble. o_O:confused:
Those who can do...Do -- those who can't...teach,

He looks like a Big Mac that's wearing a pink cotton vest.
If he had rosier red pink cheeks and face from drinking...he would kind of look like MarketSurfer.
 
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vanzandt said:
Is that like me hating to go to the dentist?:D
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That or worse. These guys that say it's 99% psychology are so full of crap.

Now is it important, yes but if you have no repeatable edge you have no chance no matter how strong your psych is.

I also believe that edge does not have to be complicated. While I don't do this I think an edge can be as simple as it looks like buyers are exhausted I'm going to sell short.
 
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