Traders with mental problems

Quote from ammo:

2+2+4,..if it doesn't ,there is something wrong with your math,none of us can say everyone we know makes complete sense,so very few folks add up to 4,everyone has a mental problem,most of us don't have one severe enough to be noticed but it's there,they start in childhood, where the teachers are passing along the unproved truths they learned as children,you carry around what you have mastered because it's supposedly easier than changing, and there is a comfort in knowing that if you continue along on the same path, your in control and it it won't kill you..trading affects your personal life in the ego dept and day to day in the financial area ....so the option of keeping things status Quo goes out the window,not right away,first you struggle to learn to trade while remaining the same.eventually you blow a few small accts or worse you do fine until the acct gets big, then blow it..either way the practice of listening to,nurturing the ego,having an ego becomes apparently impossible...good news is that getting rid of it clears up a multitude of problems and it's easy..the our father says " give us our daily bread,(except god)forgive us our trespasses(every mistake we've made in the past is forgiven,forgotten) as we forgive those who have trespassed against us(every mistake they 've made is forgiven forgotten)" this forgive business has to be a daily ritual like using the bathroom,it's a daily cleansing ritual,sometimes hourly ,like after every bad trade,for those that don't believe in god, the rest of it still makes a lot of sense,it's a lot harder to accept no ego and trust everything will work out without the belief in a higher power and ultimately a better you,have'nt tried it without but confident it would have the same cleansing affect ....might take longer.... 2 cents.....
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It's really to the point of hilarity that 2+2=4 is what you were thinking just to ramble on without actually writing the correct numeric syntax, instead, being ready to rant, you forgot that the most important point you were making is at the beginning by example 2+2+4 is math that you don't know how to explain, apparently.
 
Quote from cgstewart92:

Anyone know anything about OCD and trading?/People with OCD and its effects on their trading psychology?
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Fear of the next trade .Fear of Loss.
Look at the chart once . remember this set up failed , keep reviewing the trade set up umpteen times and not trade.OCD example.

Look at 15 different indicators several times ,on several time frames is another example of O C D .

One has to read a book on O C D and relate it to trading.
 
Quote from cgstewart92:

Anyone know anything about OCD and trading?/People with OCD and its effects on their trading psychology?
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My problems with OCD had to do with backtesting 3-4 times of same parameters as if some elf might change them in middle of the night. I didn't abuse indicators as I knew after awhile that anything that went on the chart had to be backtested before being traded. To a degree, the OCD helped me to be ultra careful, but when I added futures to what I was doing in stocks, the leverage bought out all the worst in OCD, all the work I had done to minimize the OCD flew out the window, back to the beginning I went, took some years to work out these problems to where I am today, and occassionally I will have slight feelings of doing something a few times, but I force myself not.

You can watch other people and learn what "normal" is, then become an actor and do what they do until the brain gets use to doing the same patterns, then the real you melts into who you become.
 
Here is an interesting article:

http://cmhc.utexas.edu/booklets/gambling/gamb.html

according to the article:

"Most all of us have sat around and fantasized about what we would do if we won the lottery or hit it big in Las Vegas"





"one of the hardest things about helping people with gambling problems is that they are very likely to deny they have any problem even when it's obvious to people around them."

that means, there are many small traders deny they are gamblers.


"Time magazine estimates that there are nearly eight million compulsive gamblers in America, one million of whom are teenagers."

"Compulsive gambling is the advanced stage and involves behavior that is out of control."



Compulsive Gambling is a terrible terrible disease. I believe it is worse than heart disease.

http://articles.latimes.com/1986-10-28/business/fi-8124_1_compulsive-gambling





The key to avoid of becoming a gambler and become a successful trader is HIGHER EDUCATION ( Mathematics and Computer Science degrees).


MIT BlackJack Team proved advanced mathematics beat the casino. The difference between small traders and MIT BlackJack team are small traders are lower educated, gamblers, and are under capitalized. MIT BlackJack Team is higher educated, are NOT gamblers, and are well capitalized when playing.


More than 90% of small traders lose. They just lose!
 
Quote from cgstewart92:

Anyone know anything about OCD and trading?/People with OCD and its effects on their trading psychology?
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or do you mean the following?
"Although sometimes confused with OCD, obsessive compulsive personality disorder (OCPD) is defined by perfectionism and an unbending expectation that the individual and others will keep a specific set of rules. OCPD sufferers do not tend to engage in ritualized behaviors (compulsions). However, OCPD tends to occur more often in people with OCD than in those without and therefore can be considered another risk factor for the development of obsessive compulsive disorder. "
 
Quote from zdreg:

or do you mean the following?
"Although sometimes confused with OCD, obsessive compulsive personality disorder (OCPD) is defined by perfectionism and an unbending expectation that the individual and others will keep a specific set of rules. OCPD sufferers do not tend to engage in ritualized behaviors (compulsions). However, OCPD tends to occur more often in people with OCD than in those without and therefore can be considered another risk factor for the development of obsessive compulsive disorder. "
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As someone who has been diagnosed with OCD it always makes me laugh at how misunderstood the disease is...
 
would you and others in this situation explain how your condition has enhanced or lessened your ability to trade.
thanks.
 
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