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Trading Psychology How do we learn to conquer our fear and greed? Discuss the mental aspects of the game.


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Old 07-28-2007, 11:16 AM
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This member is the original thread starter. Re: My reaction to new knowledge

Namstrader : very nice piece of reflexion ¡ I encourage you to keep wrighting, quite poetic and filosofical at the same time...

So far since we are interacting here with Janice I had been experiencing some clear changes of actitudes on this issue... she bringed great inputs related to this acceptance of certain facts of life like you express above... and really its been encouraging to get more relaxed with oneself...

Thanks for this inputs Nam and you know its true the fact we are quite isolated as traders, thats why sometimes sharing like this in a comunity like TL its realy nice.. cheers Walter.

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Old 07-28-2007, 12:15 PM
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Re: My reaction to new knowledge

One thing on a similar note I have noticed is that sometimes an idea will hit me and I will actually start trying to convince myself that "that was too easy" and I'm worried that one of these days I am going to miss out on something big that my mind is noticing but I talk myself out of it...If that makes sense.

I'll see something and be like a-ha! but then the other part of me will be like-oh that's just a trick to get noobs, that's not a pattern (or whatever it is I happen to have noticed).

Sometimes I look at currencies, and see an almost constantly recurring pattern each day-if I look at the 1-4 hour charts on certain currencies, 8 times out of 10 they actually follow the same pattern every day for a month or two. I always have a hard time exploiting that because I feel like I am dumb for thinking it could work...but by looking at the chart- I see that of course the observation could have made me money in hindsight....


Walter, I hope I didn't veer off topic, but your post got me thinking.


Last edited by Reaver; 07-28-2007 at 12:17 PM.
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