How do u train your brain or sub conscious to do the right thing? Is it by repeated experience and u hope the brain 'gets' it?
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True Edge in trading - Willpower
- Thread starter OddTrader
- Start date
How do u train your brain or sub conscious to do the right thing? Is it by repeated experience and u hope the brain 'gets' it?
Besides, the markers and the competitors are not static.
They are dynamic.
Not only we need to know/detect/identify any changes of the markets.
By the time when we have made certain improvements against the market changes, our competitors might have already made some better and more effective improvements than us!
http://www.elitetrader.com/et/index...niversity-planning-to-trade-full-time.295982/
They are dynamic.
Not only we need to know/detect/identify any changes of the markets.
By the time when we have made certain improvements against the market changes, our competitors might have already made some better and more effective improvements than us!
You can do it, no doubt. But remember, your competition are the smartest most educated people on earth.
Perhaps you are cleverer, i don't know. Only you can make it happen.
surf
http://www.elitetrader.com/et/index...niversity-planning-to-trade-full-time.295982/
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How do u train your brain or sub conscious to do the right thing? Is it by repeated experience and u hope the brain 'gets' it?
By repeating over and over again. It can take months before you can achieve it. It took for me many months of daily training. Especially for getting speedy, when things go slow you have plenty of time, but sometimes markets can surprise you... Cognitive resonance.
And secondly you should try to let your brain link the subconscious reaction with pain, and the trained conscious reaction with pleasure. So in fact it would be a small brainwash.
If you want to change a bad habit for a child, you should also repeat it over and over again. And you should punish for bad behavior and reward for good behavior. Traders are grown up children.
Besides, the markers and the competitors are not static.
They are dynamic.
Not only we need to know/detect/identify any changes of the markets.
By the time when we have made certain improvements against the market changes, our competitors might have already made some better and more effective improvements than us!
http://www.elitetrader.com/et/index...niversity-planning-to-trade-full-time.295982/
Yes, but the marketers are ALWAYS behind the curve. Like now they are pushing Price Action etc from decades ago--- this is just one example ---
surf
I don't believe in will power. I believe we almost always do that which we most want to do in any situation, given enough time to think about it.
You're probably correct! Everyone can be a winning trader, given enough time!
"You shouldn't believe everything you read on the internet" - Abraham Lincoln.
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Like what kind of behavior? And how is it predictable?????10 years on ELITE and never thought about this????
The most important element of the trading game is the trader. He has a huge impact on what will happen. He is the "achilles" heel of the trading game.
Markets move because people move. Even bots are controlled by people. Behavior is important and predictible within certain limits.
That's the job to do: find it out.Like what kind of behavior? And how is it predictable?????
That's a big part of the the education to become a trader.
Nobody will learn it to you, you should do the work yourself.
You have however now already a huge advantage: you know at least where to look and what to do. Most people lose years in trying to find out where to start looking.
If it wouldn't be possible to predict the results would always be 50/50 in the longterm. The fact that some traders reach much higher scores that predictability exist. Predictability does not mean that you always know what will happen, it means that you have an advantage over the competition.
Good stuffBesides, the markers and the competitors are not static.
They are dynamic.
Not only we need to know/detect/identify any changes of the markets.
By the time when we have made certain improvements against the market changes, our competitors might have already made some better and more effective improvements than us!
http://www.elitetrader.com/et/index...niversity-planning-to-trade-full-time.295982/