Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

zdo

Trading Syckology

Recommended Posts

On 5/8/2018 at 9:36 AM, zdo said:

What is disposition and how does it relate to your trading?

 

Disposition is an antiquated typology with four categories -

Choleric      Sanguine    Phlegmatic    Melancholic.

In more modern terms, these types are correlated with the ‘style’ that emerges from your ‘average’ neurotransmitter levels...ie  historically was associated with understanding your baseline ‘bad’ attitude, etc etc  ... goes a long ways explaining how so many people on forums cannot relate to other posters' content.  Disposition affects your all of your thinking - including your pace -thinking,  people -thinking,  passion -thinking...

How does it relate to your trading?

.

 

Quote

No greater mistake can be made than to imagine that what has been written latest is always the more correct; that what is written later on is an improvement on what was written previously; and that every change means progress. Men who think and have correct judgment, and people who treat their subject earnestly, are all exceptions only. Vermin is the rule everywhere in the world: it is always at hand and busily engaged in trying to improve in its own way upon the mature deliberations of the thinkers.

 

Share this post


Link to post
Share on other sites

I have often bitched at and about posters and teachers who claim they are not using a system.  I accuse them of lying.  Most of them don’t even know they are lying.    Here’s why.   Just because a method doesn’t employ standard methods - technical or fundamental - does not mean mind is negated, unemployed, non-clinging... non supported.  

Mind can have two attitudes -- yes or no. These are the two possibilities ... the two alternatives. 

No is the feminine and yes is the male. No-system is really very foundational. If you follow the method of yes, then there are many systems -- but you have to say yes and there can be many yes's. If you follow no, then there are not many systems, only one, because there cannot be many no's.  So you can use the method of no, or you can use the method of yes.  

Emphasizing "no" is for if  your mind needs to and is ready to be negated.   What is this technique of "denying technique"? It can be used. It is one of the subtlest ways to  destroy the mind. Mind tries to cling to something that is a support; mind needs support to be there, it cannot exist in a vacuum. So it creates many types of supports -- methods, systems, teachers, gurus, advisors -- then it is happy, there is something to cling to. But then with this clinging the mind remains.  And this is what makes liars of those who say they are not teaching a system.  If a trading teacher instructs you - even if he only takes you so far then deserts you - you are being supported in the ‘yes’ way... btw, bBeing against techniques is a technique. It is one of the oldest techniques, nothing is new about it.

The real technique of no-system demands destruction and absence of all supports.  In the ‘no’ way, realization has to happen to you and it has to happen without any help. It will not insist that there is no system. There will be silence. No tradition from someone else’s previous progress is of any help because ‘no’ truth has to be achieved authentically, individually. You have to come to it, it cannot be transferred to you. No master can give it to you because it is not something like property. It is not transferable, it cannot be taught because it is not information.

The latest craze in dumb noobie posting is about finding the best broker and platform - but the first platform to look at is you.  Is yours the ‘yes’ way or the ‘no’ way?  The ‘ no’ way has only one technique.  The ‘yes’ has hundreds of techniques and you can create new combinations.If you are in need of ANY support, then you should acknowledge that you are in the ‘yes’ way...

 

Taking bets no one will call me out on this crap.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • $AZEK stock, tight bull flag breakout watch above 50.73 , see https://stockconsultant.com/?AZEK
    • $AMZN Amazon stock holding firm with a breakout watch , see https://stockconsultant.com/?AMZN
    • $AIZ Assurant stock nice breakout, from Stocks To Watch , see https://stockconsultant.com/?AIZ  
    • Date: 28th March 2024. The US Dollar Strengthens As Economists Believe The ECB Will Struggle To “Hold”. Early this morning, the Fed Governor advised “there is no rush to cut rates” and “the data within the upcoming months” will be vital. The US Dollar Index rises to a 1-month high. The value of the USD will largely be based on today’s data on economic growth, consumer sentiment and pending home sales. Dollar and index traders are closely monitoring tomorrow’s Core PCE Price Index which analysts expect will read 0.3%. A higher inflation reading can potentially pressure stocks and support the Dollar. Strong declines in NVIDIA and Netflix stocks pressured the NASDAQ on Wednesday. Though, buyers entered late in the session to boost the overall price. EURUSD The latest comments from members of the Federal Reserve are supporting the US Dollar. The forward guidance between members of the Federal Reserve is mainly not aligned. The Chairman advises the Fed does not need much more proof for the regulator to feel comfortable reducing rates. Whereas the Fed Governor, Mr Waller, advises there is no rush, and he wants to see a few months of data before determining the next move. Therefore, the upcoming inflation and employment data will remain vital and could even push back rate hikes further. According to economists, the Federal Reserve will cut the interest rate on 3 occasions this year, but the timing of the first cut is less certain and may change depending on upcoming data. A positive factor for traders is that EURUSD exchange is not witnessing conflicting currencies. The US Dollar is trading 0.12% higher while the Euro is declining against most currencies. The Euro is trading 0.06% lower against the Pound and the Canadian Dollar and 0.16% lower against the Japanese Yen. Yesterday, the head of the Bank of Italy, Mr Cipollone, said that the authorities were confident that inflation would return to the target of 2.0% by mid–2025. He also supports the lower of interest rate and will use this as a basis for adjusting monetary policy. The Euro is generally under pressure as investors believe the European Central Bank will struggle to avoid cuts if the Fed decide to delay their adjustments. The US Dollar will be influenced by four major economic data releases. The US Final GDP, Weekly Unemployment Claims, Pending Home Sales and Consumer Sentiment Index. If these read higher than expectations with the weekly unemployment claims dropping, the US Dollar is likely to witness further support. However, investors should note the main release will be tomorrow’s Core PCE Price Index. Traders are expecting no major news for Europe and volatility levels may fall tomorrow as European markets are closed for Easter. Technical analysis currently points towards a continued downward trend. The price is trading below the neutral on the RSI and below the 75-Bar EMA. However, investors should note this will also be dependent on upcoming US data. USA100 The price of the USA100 was under pressure throughout the whole US session but was saved by an increased volume of buyers late in the session. However, a positive point is the components held onto their value. Even though the index fell in value, only 28% of the components declined. Investors will now turn their attention towards tomorrow’s PCE Price Index and the upcoming earnings season which will start in mid-April. The price is now trading slightly above the Moving Averages but slightly below the 50.00 on the RSI. Therefore, technical analysis remains at the “neutral” level and continues to indicate a larger price range. If today’s economic data is positive the stock market can witness confidence and support as this continues to indicate a soft landing. Though, if the data is too strong, it could also trigger a hawkish Fed which is known to be negative for the USA100. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HFM Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Michalis Efthymiou Market Analyst HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • $IBKR Interactive Brokers stock narrow range breakout watch above 111.16 , see https://stockconsultant.com/?IBKR
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.