| Trading Psychology How do we learn to conquer our fear and greed? Discuss the mental aspects of the game. |
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| | #17 | ||
![]() | Re: Change Thyself re: “i hope to was been non-mental time-distorsion. ” certenotti, I read your post and I got to admit, it ‘was been a mental time distortion’ ![]() I’ll just make a few comments that hopefully will clarify and help and we’ll move on. re: 4) and “i think take what you learned from a loss,can be useful for yor next step or jump,trying to avoid to make the same mistake.nobody like to fai” How can you get to a place mentally where you are experiencing learning not a single thing from a loss? re: 3) and “ In a spirutual and healt benefiance is a very god thing,for the trading session,help me to understand in wich way the (i hope only positive energy)can change the things” Suggestion: Question ‘only positive’ re: 2) and “I'm conscious,and in the every way inconscious of what i want,but is also really that i meet difficult,reverse position” Polarities… see your PM. re: 1) and “but this is the initial thinking that everyone inconsciously take it for all the life,from 5 years even when we will die” etc. Much of this is learning to what to observe to ‘identity our identifications’ “you are maybe a possible wise” ![]() All the best, zdo | ||
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| | #18 | ||
![]() | Re: Change Thyself 1) Know what you want 2) See what it is - for what it is 3) Raise your internal energy level and then practice the new change. 4) Fail successfully, then start all over again. Comments: The order of 1) and 2) was changed placing ‘Know what you want’ first so that ‘See what it is - for what it is’ could be particular to the wanted change at hand, instead of needing to have some universal accurate understanding of everything … however - wu wei - learning cycles go both directions so actually both orderings are correct… Ditto previous comments… Maybe more coming later on leveraging the ‘tensions’ in 4) Fail successfully, then start all over again. hth All the best, zdo | ||
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| | #19 | ||
![]() | Re: Change Thyself Firstly, I've read on numerous places/media that this should be your first thing regarding trading (e.g. Van Tharp's book, etc). After spending 2 years learning patterns, backtesting and reading about trading, I then realized that this is really the most important thing to do, realizing what you want might save you thousands of dollars and months of time. Then I've thoroughly pondered what I really want in life and it took me 2 whole days to figure it out and some hours occasionally to review that. I'm willing to bet, that 0.1% of people, even reading that knowing what you want (and pondering that to the bottom) is the first thing they should do, will actually do it, and not just do it, give these thoughts the time they need. 0.1% - or less. So much for the first point of the list. | ||
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| The Following User Says Thank You to gandalf33 For This Useful Post: | ||
zdo (01-13-2011) | ||
| | #20 | ||
![]() | Re: Change Thyself | ||
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| | #21 | ||
![]() | Re: Change Thyself Kaizen is a 'japanese' concept for continual improvement that is mostly applied to production (which trading is not). The '-ee' was just me trashing perfectly good language... Am seeing no Private Messages from you in my inbox... zdo | ||
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| | #22 | ||
![]() | Re: Change Thyself | ||
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| | #23 | ||
![]() | Re: Change Thyself Quote:
Interesting posts you have here. I might have agreed with you about production in the past but I don't currently. Trading is almost exactly like the production process that Demming was dealing with in Japan in the 60s and 70s and both continuous improvement and statistical process control are applicable. In trading I produce a series of actions. The ultimate goal of these actions is to produce profit but just as the factory worker must act not to produce profit but to contribute to his part of the manufacturing process in a manner that contributes to improvement and a process that is in statistical control so a trader must focus on process and not results. It goes on, but thats probably enough to get what I mean about trading and production. Its funny that we seek analogies for trading but so far the best two I see are assembly line production (with a string of opportunities coming along the line towards you and all you, the humble worker can do is execute your element of the process as cleanly as possible) and gambling (where you aim to be the professional poker player not the amateur donor player). Last edited by Kiwi; 01-13-2011 at 04:04 PM. | ||
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