It is USD index in forex. Thanks I'll check out Ben. I could be more disciplined about posting, but it's a start. As far as getting mad at your self for being undisciplined, yeah we've all done that. But I still say it's about trying to head it off at the pass before it gets there. And obviously that's a personal thing. But I have sort of learned to accept it as part of being a discretionary trader.
What makes you angry when you trade?
- Thread starter Grantx
- Start date
If you like that then check out Chaos game. It blew my mind and was a great leap forward in my understanding of market behaviour.
Basically random is random until you introduce restrictions:
https://en.wikipedia.org/wiki/Chaos_game
Also, look at the Sierpinski triangle:
https://en.wikipedia.org/wiki/Sierpinski_triangle
When you understand it you wont be bothered anymore by institutional traders or stop hunting or market manipulation or the myriad of other excuses people bother themselves with.... You will be playing the fractal. No one can escape it not matter how big the fund is. Its a beautiful thing
Read it and go meditate on this subject. You wont look at another blade of grass, or indeed any living thing the same again. You will be in awe wherever you look
Anger is an emotion. It is neither good or bad. As with everything else, judgement is in the eye of the beholder.
However, people might have patterns where certain emotions start to dictate their thoughts and behaviour.
Angry thoughts may increase angry behaviour and anger.
Angry behaviour may increase angry thoughts and anger.
It's not just a vicious cycle, but vicious bi-directional feedback-loops.
As one grow and mature, you may discover that anger, and all emotions, can be channeled into positive thoughts and actions.
Positive thoughts come from Knowledge (examples).
Positive actions stem from cultivating Wisdom (experience).
This means that if something makes you angry, that's perfectly OK.
If you then can think or do something that reflects what you can do constructively about it, you are free to give up (you've done everything you can) - dissipating the anger.
Yoga, breathing exercises, meditation and volunteer work has showed me much about life that sidesteps conventional victim mentality and patterns.
However, people might have patterns where certain emotions start to dictate their thoughts and behaviour.
Angry thoughts may increase angry behaviour and anger.
Angry behaviour may increase angry thoughts and anger.
It's not just a vicious cycle, but vicious bi-directional feedback-loops.
As one grow and mature, you may discover that anger, and all emotions, can be channeled into positive thoughts and actions.
Positive thoughts come from Knowledge (examples).
Positive actions stem from cultivating Wisdom (experience).
This means that if something makes you angry, that's perfectly OK.
If you then can think or do something that reflects what you can do constructively about it, you are free to give up (you've done everything you can) - dissipating the anger.
Yoga, breathing exercises, meditation and volunteer work has showed me much about life that sidesteps conventional victim mentality and patterns.
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It really pisses me off when I open a deal and the price starts moving in opposite direction. It's like it was waiting for me)
Said every trader
Grantx doesn't come across on his ET postings as an angry person, I think he has good control.
I'm enjoying his very reasoned postings.
Pressure doesn't normally cause me to react, but frustration does. Frustration in terms of stupidity. Probably my Dutch heritage, I like to plan things and stupidity is often the result of thoughtlessness.
Pressure is how I'm feeling right now with a lot of money sitting in several gold positions while gold is tanking big time. I feel calm and have it under contol- my emotions. Holding gold, not exiting yet, bottom today thereabouts is my call.
I'm enjoying his very reasoned postings.
Pressure doesn't normally cause me to react, but frustration does. Frustration in terms of stupidity. Probably my Dutch heritage, I like to plan things and stupidity is often the result of thoughtlessness.
Pressure is how I'm feeling right now with a lot of money sitting in several gold positions while gold is tanking big time. I feel calm and have it under contol- my emotions. Holding gold, not exiting yet, bottom today thereabouts is my call.
The thing which makes me angry while trade is when I open a deal after complete analysis and suddenly the prices start moving in the opposite direction.