the politically incorrect truth why TA can't work (for you)

[R. Raskolnikov]

Of course, the presence of stress to some degree is inevitable. I was just trying to differentiate that from chronic stress. Chronic stress can be debilitating while low to normal stress keeps one alert and focused as it pertains to trading.

And, of course, winning traders should have far less stress than traders who don't have an edge and are rolling the dice on each trade they take.

Quote from cornixforex:

All depends on the degree of the stress. Without any doubts successful and consistent traders have far less degree of a stress than consistent losers or pathological market gamblers.

But one can't deny presence of a stress associated with risk taking and decision making.

 

[marketsurfer]

Quote from cornixforex:

Obviously you have never dealt with professional stress and it's characteristics. Many professions besides trading produce chronic stress, military pilots, air traffic controllers etc... All of these and many other professions induce chronic stress to a degree that places where people deal with it are almost always equipped with relaxation rooms, psychologists helping them on to relieve it on regular basis etc.

You may not realize it, but trading is always stressful to some degree, even if you just play trading on demo account. And professional trading is always chronic stress.

When saying this, I don't mean traders all have nervous tic or incontinence at night, but to say they don't incur chronic stress during their work means absolute absence of understanding of stress as a definition.

Need to answer this before I board--

Wow, this is twisted. MONEY should not cause stress, particularly if you have enough of it to TRADE. Those stressful professions you list, lives are on the line, stress is expected. You have an issue with money that should be solved before you try trading--otherwise, it wont turn out well. Even thinking about money ( demo account) causes stress?? Man, that's rough! Read about "wealth wounds"--google it, i don't have time to find the info for you. Best wishes! surf

 

[cornix]

Quote from marketsurfer:

Need to answer this before I board--

Wow, this is twisted. MONEY should not cause stress, particularly if you have enough of it to TRADE. Those stressful professions you list, lives are on the line, stress is expected. You have an issue with money that should be solved before you try trading--otherwise, it wont turn out well. Even thinking about money ( demo account) causes stress?? Man, that's rough! Read about "wealth wounds"--google it, i don't have time to find the info for you. Best wishes! surf

You're right, it should not, but it does in most cases... Reality is a bit different from ideal models.

Have a good time!
CF

 

[cornix]

Quote from R. Raskolnikov:

Of course, the presence of stress to some degree is inevitable. I was just trying to differentiate that from chronic stress. Chronic stress can be debilitating while low to normal stress keeps one alert and focused as it pertains to trading.

And, of course, winning traders should have far less stress than traders who don't have an edge and are rolling the dice on each trade they take.

Probably we have an issue with definitions here and maybe my English.

I meant chronic stress not as medical term, which is indeed very dangerous, but in the sense of professional stress happening on a regular basis and associated with professional tasks performed.

I doubt many would argue that even highly professional trader does not incur more stress than a librarian.

 

[R. Raskolnikov]

Ok, I was using a definition of chronic stress differently. You mean chronic in the sense that it's always there and is part of the profession of trading. I can understand that, that makes a lot of sense.

I wonder how many traders have died of a heart attack while at their desk? There's gotta be at least a few.

Quote from cornixforex:

Probably we have an issue with definitions here and maybe my English.

I meant chronic stress not as medical term, which is indeed very dangerous, but in the sense of professional stress happening on a regular basis and associated with professional tasks performed.

I doubt many would argue that even highly professional trader does not incur more stress than a librarian.

 

[luckyluciano]

Quote from marketsurfer:

I'm really happy you posted this, lucky, as it gets to the core issue. Define " trending stocks"-- then we can try your experiment. Thanks, surf

You and the other two trollers say it is 50/50 so what difference does it make to you. You say there is no edge for the future. That there is no future predicatability and that this has been proven MILLIONS of times so it shouldn't matter.

[FOR THOSE THAT DO NOT KNOW, I ALREADY PICKED A LIVE CALL ON AUGUST 17.

ITP.TO TO BE UP 10-12% or ($9.90) ON OR BEFORE September 18th.]

I would think even any amound close would be acceptable.

 

[cornix]

Quote from R. Raskolnikov:

Ok, I was using a definition of chronic stress differently. You mean chronic in the sense that it's always there and is part of the profession of trading. I can understand that, that makes a lot of sense.

I wonder how many traders have died of a heart attack while at their desk? There's gotta be at least a few.

Yea, that's what I mean, stress associated with profession, some professions are just such, we better admit and learn to deal with it than deny this fact.

Surf is obviously a very educated man who knows everything about everything, but even he seems to not realize that what I said about stress even when demo trading may not be related to money at all.

It's related to the need to make responsible decisions in environment of uncertainty. Decision making fatigue is a widely known issue, problem which may drain almost anyone very badly if happens on a regular basis and without a proper recovery.

 

[R. Raskolnikov]

When talking with Surf about trading you MUST keep in mind that he is a marketer for funds and his JOB is to find other people's systems/edges, learn them well or at least be informed enough to describe them, and then pass those systems/methods along to his clients.

Don't get tricked or bullied into giving him details of your method. If you are calling trades in advance, that's plenty. You shouldn't share trade secrets with him.

Quote from luckyluciano:

You and the other two trollers say it is 50/50 so what difference does it make to you. You say there is no edge for the future. That there is no future predicatability and that this has been proven MILLIONS of times so it shouldn't matter.

 

[cornix]

Quote from R. Raskolnikov:

When talking with Surf about trading you MUST keep in mind that he is a marketer for funds and his JOB is to find other people's systems/edges, learn them well or at least be informed enough to describe them, and then pass those systems/methods along to his clients.

Don't get tricked or bullied into giving him details of your method. If you are calling trades in advance, that's plenty. You shouldn't share trade secrets with him.

+1.

Surf is definitely fishing for ideas here, just like Oilfxpro does...

 

[R. Raskolnikov]

Surf was at least honest about it:

"We are marketers for several funds. Correct, I look for other people's edges that work.

surf"

http://www.elitetrader.com/vb/showthread.php?s=&postid=3603552&highlight=funds#post3603552

Quote from cornixforex:

+1.

Surf is definitely fishing for ideas here, just like Oilfxpro does...