Why Do We Trade? For Real.

cornix · Mar 11, 2015

smallStops said:
Thanks for the corrections.
It just shows that exactitude is not always a given.

So you got lured into trading because of the media?

Yes, I can say so quite objectively.

Blueline · Mar 11, 2015

cornix said:
For successful achievement of every goal it's extremely important to have a clear understanding of that goal. What exactly you want to achieve in every detail.

Understanding does not "know".....yes? so details are fabrications.

cornix said:
Process of asking yourself this question can help motivate yourself much better as well as reveal possible embarrassments, which prevent the goal from being achieved.

This is where work is involved.....a road to discovery isn't it? motivate to do what?

cornix said:
In this context: why do you trade?

What makes you think there is a "you" there? and what exactly is "you"? can you define this?

cornix · Mar 11, 2015

Blueline said:
Understanding does not "know".....yes? so details are fabrications.

This is where work is involved.....a road to discovery isn't it? motivate to do what?

What makes you think there is a "you" there? and what exactly is "you"? can you define this?

"You" is anyone who is willing to answer. Details may be subjective of course and there is work involved in asking and answering questions indeed. But I believe this process can help understand patterns of success and failure better.

Blueline · Mar 11, 2015

cornix said:
But I believe this process can help understand patterns of success and failure better.

Success = BLASH (buy low and sell high)/ SHABL (sell high and buy low)
Failure = BLASL (buy low and sell lower)/ SHASH (sell high and sell higher)

Is this not all you want to know? isn't this the pattern?

cornix · Mar 11, 2015

Blueline said:
Success = BLASH (buy low and sell high)/ SHABL (sell high and buy low)
Failure = BLASL (buy low and sell lower)/ SHASH (sell high and sell higher)

Is this not all you want to know? isn't this the pattern?

Unfortunately not, because the key element of BLASH (quite an interesting term I must say) is HOW. Which includes technical part as well as personal part.

While everything is quite clear with technical part, personal issues are much more complicated.

marketsurfer · Mar 11, 2015

cornix said:
Unfortunately not, because the key element of BLASH (quite an interesting term I must say) is HOW. Which includes technical part as well as personal part.

While everything is quite clear with technical part, personal issues are much more complicated.

Sounds like a crank, charlatan or vendor. Has all the nomenclature down. Be warned.

Blueline · Mar 11, 2015

cornix said:
While everything is quite clear with technical part, personal issues are much more complicated.

So technical is ok.
But not personal.....which are/is?
So what if I ask the question: What does your trading plan say? So if you have a plan/method, then how can there be personal issues?

cornix · Mar 11, 2015

marketsurfer said:
Sounds like a crank, charlatan or vendor. Has all the nomenclature down. Be warned.

Haha, no worries, I've been around for 10 years, probably seen any charlatan specie possible.

cornix · Mar 11, 2015

Blueline said:
So technical is ok.
But not personal.....which are/is?
So what if I ask the question: What does your trading plan say? So if you have a plan/method, then how can there be personal issues?

Personal issues may prevent you from creating the working plan/method. From objective analysis of environment, opportunities, obstacles and human words.

i am nobody · Mar 11, 2015

Blueline said:
So technical is ok.
But not personal.....which are/is?
So if you have a plan/method, then how can there be personal issues?

Many alcoholics have a plan to stop drinking. But they continue to drink. Why? Personal issues.

Many traders have a plan for trading. But still they are not successful. Why? Personal issues.

That's how there can be personal issues.