Trading and Emotions

[Sprout]

This is an admirable outlook, and one that I share. But it's not reality. Reality is just like the financial markets we trade, and if you stroll in with rosy lenses and think the other guy won't rape you to the extent that you make available, ..... Ewwwwww. Not gonna be fun.

We didn't evolve with The Secret, we evolved with Darwin. I offer that as a rosy-lensed guileless optimist.

For me, reality is crystalized past habitual thought.

As for your trading example, it's a choice to trade. We trade with another whom has the opposite pov and a different interpretation of what the future brings. I assert the one with a greater spectrum of differentiation and a clearer outlook will prevail over the other whom does not. The one whom does not gets a payoff that's not financial, it's emotional. Ed Seykota and his Trading Tribe gets into this with his concept of Fred - the unconscious desire that will take actions to fulfill itself.

As for The Secret there's two versions just as Think and Grow Rich has two versions. The essential distinction offered by both have been edited out.

 

[Areding]

If you want to make money you need to be less emotional, the reaction to some situation may affect the trade as a whole.

 

[ironchef]

Just have to give yourself time. Time heals.

 

[formikatrading]

Sounds like the break-up was a blessing. Best wishes to you as you move on. One thing to keep in mind is that being process-focused rather than outcome-focused is not only good in trading but in relationship situations as well. Focus on what you can control -- which is your behavior -- and let go of the rest. If you view life as happening FOR you, rather than TO you, you are better able to ride the ups and downs in life.

 

[GotherL]

I am convinced what you get in the market goes according to your own emotions, vibes, expectations etc. If you can't fix your inner self no matter what you do or how good you're at trading you'll only attract loss. I can't count how many times whenever I am trading the market goes cold for me but when I am away (bathroom, smoke etc.) stocks start moving 100%-800%. I wouldn't be surprised if the smallcaps start blowing up next week now that I am out of commission.

 

[chart pig]

Recently I’ve been in a major dilemma with trading, a relationship, and emotions. This one girl and I have been hitting it off for awhile, but we recently hit a rough patch and the relationship may be at stake, spiraling unforeseen powerful emotions. This has had an affect on my trading, in the morning have a emotional moments, then get back in the mindset. The issue is the emotions sneak up on me while I’m trading and I lose my focus. I can’t seem to shake it, I know emotional trading isn’t bad but this is more of a distraction. I can’t trade in the morning because those are the worst times for me. So I start around 10AM, but still throughout the trading day these emotions linger.
I would prefer not to get into the specific details of what’s happening in the relationship. I have the right mindset and discipline but can’t deal with the distraction, yet I still need to trade as it’s a revenue stream. What do other traders suggest?

So how is your trading now without the negative emotional influence? Results better? Process better? Tim away:
I'm so curious how this resolves itself in your trading.

 

[Weelor]

I believe that to be a successful trader, you need to keep your emotions aside. You need all your senses intact in order to be successful. Emotions will always try to manipulate you into making the wrong decisions. What do you think guys? Are you an emotional person?

 

[tomorton]

I don't normally read or watch much on relationships but this clip popped up on my Youtube page. The guy is some sort of counsellor for males and makes a decent argument that women inherently exhibit borderline personality disorder behaviours either involuntarily or as a learned manipulative strategy - quite a convincing theory in my opinion.

Certainly not a conducive environment for happy and profitable trading decisions.

 

[formikatrading]

Denise Shull helped me think about emotions in a slightly different way. It's not so much that we want to be emotionless but rather that we should be aware of our emotions and use them as data -- we just don't want the emotions to hijack our mind and adversely affect our behavior. So focus on being more aware of your emotions and the real message they may be telling you.

I believe that to be a successful trader, you need to keep your emotions aside. You need all your senses intact in order to be successful. Emotions will always try to manipulate you into making the wrong decisions. What do you think guys? Are you an emotional person?

 

[tommcginnis]

I don't normally read or watch much on relationships but this clip popped up on my Youtube page. The guy is some sort of counselor for males and makes a decent argument that women inherently exhibit borderline personality disorder behaviours either involuntarily or as a learned manipulative strategy - quite a convincing theory in my opinion.

Certainly not a conducive environment for happy and profitable trading decisions.

We're off in the weeds, thread-wise, but I have to say:
1) I am no misogynist, but
2) This guy is nailing a *bunch* of stuff. But as well,
3) My guess is that the veracity of this guy's comments stems from a stark sampling bias, as
in my own experience,
4) On a whole, sane women worthy of a relationship tend to be already (and happily) married, while,
5) the loons appear on internet dating sites year-after-year-after-year-after-year, getting
6) enabled, empowered, and validated by an entire industry seeking to sell them on counseling, pet services, and essential oils. "You go, girl! The World *owes* you!"