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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 08-18-2007, 06:43 PM   #9

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Re: Right Brain vs Left Brain

Mind Over Markets touched very briefly on this subject. I agree it takes a while to rewire the left to the right or vice versa. I think in order for my right brain to be creative from constant information without interruption from the left brain, I write down in advance on the chalk board the rules made by the left brain to remind the right brain of its obligations. I think this is why writing down the trading plan and keep sticky notes and other reminders do so well to help improve trading and eventually become second-nature-- when the 2 finally work together in harmony.
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Old 08-24-2007, 08:33 PM   #10

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Re: Right Brain vs Left Brain

One of the first "rules" I read about trading was that intuitive traders inevitably fail, a paper system is the only option.
It is good to see that many disagree.
I tend to see any paper system as liable to be or to become inadequate.
They amount to turning off your brain and trading like a robot.
It would be nice if you could leave it to a robot, we could all retire with ongoing income.
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Old 08-31-2007, 07:04 PM   #11

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Re: Right Brain vs Left Brain

This is an article on intuition, I wish it had more to say.
A search brings up other articles but I haven't looked at them yet.
http://www.psychologytoday.com/artic...24-000001.html

For me the final go/wait judgement on a trade seems intuitive.
Judging risk, deception and reliability of signals.
I rely on it because it seems crucial, but I don't exactly know where it comes from and that makes it seem like a gamble or wishful thinking. It does rely heavily on experience and not just pattern recognition, its like everything I know being weighed all at once. Yet I don't "know" what it is, only parts of it can be itemized. It is good to see it being taken seriously anyway.
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Old 08-31-2007, 07:39 PM   #12

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Re: Right Brain vs Left Brain

http://www.psychologytoday.com/artic...09-000001.html
One more.
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Old 09-02-2007, 04:39 PM   #13

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Re: Right Brain vs Left Brain

The role of intuition in trading has long interested me, and there have been a couple of articles written about it. I believe that intuition is a learned phenomenon that eventuates from a deep sense of trust in self. The more "successful" one is re: outcome, the more that process is entrained in the brain as intuition. Some traders have what they call a "feel" for the markets. I don't think they wake one day, having never studied the markets, and instantly get that "feel." It appears, rather, that said "feel" is borne from thousands of hours of screen time through ever-changing cycles. Patterns repeat. It is the same in life. You get a "feeling" about someone or something that is going on. It appears to come from your "gut" and you may actually feel sensations in the abdominal area. This is due to the communication from the vagus nerve ( one of the cranial nerves that originates in the brain ) down into the abdominal organs. In naturopathy and other non-allopathic medicines, the gut is considered a second brain. That said, I think that intuition ( unlike instinct) is likely a learned phenomenon. We will need brain imaging studies to disprove this. As you are aware, in science, it is always about disproving, rather than proving. An hypothesis is an hypothesis until it is disproved
Tuesday, I will be presenting a webinar that has received almost no publicity. It will be at woodiescciclub.com at 4:30 PM est. It will be the first time I have presented to this particular group, so I don't know what to expect, how many will be there ( given the absence of publicity), etc.

Hope you are all having a great holiday and taking time to share and care with loved ones.

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Old 09-03-2007, 11:33 AM   #14

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Re: Right Brain vs Left Brain

Good luck with the webinar Doc.

Looks like the public might be able to eavesdrop... but 1,000+ people??
Might have to communicate with pit signals...
Let us know how it went.
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Old 09-03-2007, 07:08 PM   #15

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Re: Right Brain vs Left Brain

An "alumni" audience will be difficult to anticipate.

On talkback radio your clinical experience seemed to kick in and have you delivering the goods.

Remember to bring yourself flowers.
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Old 09-04-2007, 01:24 PM   #16
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Re: Right Brain vs Left Brain

Quote:
Originally Posted by thetradingdoctor »
Tuesday, I will be presenting a webinar that has received almost no publicity. It will be at woodiescciclub.com at 4:30 PM est.

Was there a link to login to woodies to join your webinar this afternoon? I'd didn't see anything listed at that site for your webinar.
 
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