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Trading Psychology Thread, Trading Psychology in Mind, Money, Management; It is agreed that the 'self' has a lot to do with trading performance. We need to understand our limits ...
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Trading Psychology  

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Old 11-17-2009, 09:58 AM
johnjohn1hew
 
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It is agreed that the 'self' has a lot to do with trading performance. We need to understand our limits and realize our flaws and our advantages. In this thread post resources, quotes, your realizations, etc. Anything and everything that is related to trading psychology.
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Old 11-17-2009, 10:07 AM
johnjohn1hew
 
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"Self control is the ability to control one's emotions and desires, is the capacity of efficient management to the future." - wikipedia

“If you plan on being anything less than you are capable of being, you will probably be unhappy all the days of your life.” - Abraham Maslow

“A musician must make music, an artist must paint, a poet must write, if he is to be ultimately at peace with himself.” - Abraham Maslow - do what you love doing, happiness will follow

“What is necessary to change a person is to change his awareness of himself.” - Abraham Maslow

“The ability to be in the present moment is a major component of mental wellness.” -Abraham Maslow - I tend to wander into the past and i need to change this. The past is over, i can learn from it, but i am missing the present and what it has to teach me.
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Old 11-17-2009, 10:19 AM
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"The curious paradox is that when I accept myself just as I am, then I can change." - Carl Roger - know yourself...you'll be able to spot your flaws...change these flaws...you'll have a higher self-esteem...leading to a happier life

As people we have innate defense mechanisms. We see things as we want to see them. We change our experiences to suit our ideals. We alter everything we do to make it appear that we are great. We need to get control over these things. We need to put ourselves out of the motion of everyone else and into our own path. We need to live our own lives and work towards our own goals. We can't let society dictate what it is we should be doing if 'what it is' is not what we want to do and not what makes us happy. It seems ridiculous to try to live up to someone else' expectations.

I'll give you an example from my life right now. I am in University, but i am extremely unhappy. I can't relate to my fellow students as we has drastically different values. I used to want straight As, but not anymore. Straight As won't make me happy. Good remarks from professors won't make me happy. Financial well-being will make me comfortable, but not happy. I have little interest in a lot of what i am studying in school right now, so i need to make a change. I want to study innovation, creativity, trading, life, everything unrelated to what i am currently studying: accounting... So i am thinking about enrolling in independent studies next year... or just getting out of school for good and pursuing real life. Why should i remain unhappy to make others happy...they aren't living my life.

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Old 11-17-2009, 12:07 PM
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"Sit all day in a moping posture, sigh, and reply to everything with a dismal voice, and your melancholy lingers...If we wish to conquer undesirable emotional tendencies in ourselves, we must...go through the outward movements of those contrary dispositions which we prefer to cultivate." - William James - Act in opposition with your mood and your mood will change
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