Wrong Personality

tennisball

tennisball

Well-known member
Messages
262
Likes
1
I've been trading for quite a while, now taking a pause while I rebuild a cash pile ha ha!

I've come to a conclusion. I'm actually quite good at understanding the market. I know how to find good trades, the right pattern at the right time in the right market in the right combination given the right background.

The problem I have is one of personality. I'm creative rather than consistent. Rather than plow on with trades that I know work I wander off and try strange new combinations and crazed punts. You know the result...

Is there any hope of reform for someone like me, or should I concentrate on building an automated system? I'm a bonkers good programmer and mathematician.
 
Then code up your trading system. You probably find the cold act of trading to a specific set of rules boring (understandable) hence your punts. Or you deep-down inside object to making money via trading, thanks to a life-long thinking that to earn money, you have to work for it. Or you simply lack patience.

Do you actually take the "good trades" or do you only spot them in hindsight? Why not have a punt account and a real account?
 
shadowninja said:
Then code up your trading system. You probably find the cold act of trading to a specific set of rules boring (understandable) hence your punts. Or you deep-down inside object to making money via trading, thanks to a life-long thinking that to earn money, you have to work for it. Or you simply lack patience.

Do you actually take the "good trades" or do you only spot them in hindsight? Why not have a punt account and a real account?
Click to expand...

I can regularly find the good trades in advance, usually reverals. I'm just too much of an experimenter. The routine of milking something drives me nuts. I can last about 4 days trading sensibly then I just start goofing around deliberatly.

I think automation is the best chance, but it's a slow process with rewards off in the distance.
 
shadowninja said:
Then code up your trading system. You probably find the cold act of trading to a specific set of rules boring (understandable) hence your punts. Or you deep-down inside object to making money via trading, thanks to a life-long thinking that to earn money, you have to work for it. Or you simply lack patience.

Do you actually take the "good trades" or do you only spot them in hindsight? Why not have a punt account and a real account?
Click to expand...

I like this point...nothing to add, just think it's very relevant..:)
 
Black Swan said:
I like this point...nothing to add, just think it's very relevant..:)
Click to expand...

I've seen people both make and inherit large amounts of cash with minimal effort. I've got the mindset that if money doesn't come easy, then you're not thinking hard enough.

When I'm applying my formula trades I think to myself, a monkey could do this, I'm better than a monkey therefore why am I doing this? Then I start punting ha ha!
 
tennisball said:
I've been trading for quite a while, now taking a pause while I rebuild a cash pile ha ha!

I've come to a conclusion. I'm actually quite good at understanding the market. I know how to find good trades, the right pattern at the right time in the right market in the right combination given the right background.

The problem I have is one of personality. I'm creative rather than consistent. Rather than plow on with trades that I know work I wander off and try strange new combinations and crazed punts. You know the result...

Is there any hope of reform for someone like me, or should I concentrate on building an automated system? I'm a bonkers good programmer and mathematician.
Click to expand...

Try Ritalin...:D TBH exercising your edge, trade, after trade, after trade.. knowing that you are at the mercy of the markets and you can only control; entry, exit and emotions whilst in the trade can get kinda boring....What can you do? Nothing, unless you move onto swing/position trading...
 
tennisball said:
The problem I have is one of personality. I'm creative rather than consistent. Rather than plow on with trades that I know work I wander off and try strange new combinations and crazed punts. You know the result...

Is there any hope of reform for someone like me, or should I concentrate on building an automated system? I'm a bonkers good programmer and mathematician.
Click to expand...

So, you are creative and a good programmer and mathematician? Read some books on automated trading systems (e.g. "Mechanical Trading Systems" by Weissman) and then start coding up some trading systems. Once you arrive at something you think will work, try trading it in demo or live in very small amounts.

You will then start tinkering with your system, or possibly abandon it altogether. The whole time you will be programming and backtesting, looking for that "perfect" system. Eventually, after six months to a year, you'll alight on something that works for you.

The big advantage of a system is that it (mostly) circumvents the natural human predilictions which cause losses in trading. However, no matter how funky your system is, there will be times when you will be tempted to abandon it, and that's the tough part.
 
Black Swan said:
Try Ritalin...:D TBH exercising your edge, trade, after trade, after trade.. knowing that you are at the mercy of the markets and you can only control; entry, exit and emotions whilst in the trade can get kinda boring....What can you do? Nothing, unless you move onto swing/position trading...
Click to expand...

Yikes, I had not heard of that until a few weeks ago, you're the second person I've heard refer to it. Must be the new party thing ..!??!
 
tennisball said:
I've been trading for quite a while, now taking a pause while I rebuild a cash pile ha ha!

I've come to a conclusion. I'm actually quite good at understanding the market. I know how to find good trades, the right pattern at the right time in the right market in the right combination given the right background.

The problem I have is one of personality. I'm creative rather than consistent. Rather than plow on with trades that I know work I wander off and try strange new combinations and crazed punts. You know the result...

Is there any hope of reform for someone like me, or should I concentrate on building an automated system? I'm a bonkers good programmer and mathematician.
Click to expand...

I've been thinking about this myself recently. Are the most successful traders right or left brained? Are they predominantly left brained which is analytical and logical thinkers which makes sense for a trader, or right brained which is creative and free thinkers, which could be transposed to the world of trading?

Take this test http://www.wherecreativitygoestoschool.com/vancouver/left_right/rb_test.htm to find out which you are. I came out as 53% left brained and 47% Right brained... which makes me..... scizophrenic...... who said that?
 
Last edited:
Schizophrenic, is that like being an MP and you can't decide which of your two homes is your primary residence, so you end up declaring one property as primary to one set of people then as secondary to another set of people?
 
meanreversion said:
Yikes, I had not heard of that until a few weeks ago, you're the second person I've heard refer to it. Must be the new party thing ..!??!
Click to expand...

More alarmingly, it's given to kids that are a bit lippy at school... Brave New World

As the the trading. I'm I think I'll just punt any disposable income on it and keep the bulk for program trades.
 
meanreversion said:
Schizophrenic, is that like being an MP and you can't decide which of your two homes is your primary residence, so you end up declaring one property as primary to one set of people then as secondary to another set of people?
Click to expand...

Exactly, or worse still, claiming taxpayers money to pay for the rent on your gay lover's property, which is also where you live too. Maybe Mr Laws had a touch of the old split personality syndrome too, he never had a gay lover, just masturbated a lot over having two homes paid for by us.
 
71% right brain . Hmmm. I know what you mean about not sticking to a method. But does it matter?
What about small stops/ running it until it stalls or extends and entering on whatever mad method seems right that day? Allowing some creativity into the process seems a good thing. I think all this conquer your emotions stuff we are told is suspect- evolving methods and sudden ideas are very useful. I wish I could stick to them!
 
Left Brain Right Brain
52% 48%

Your Left Brain Percentages
60% Reality-based (Your most dominant characteristic)
34% Verbal
31% Sequential
30% Logical
17% Symbolic
11% Linear (Your least dominant characteristic)

Your Right Brain Percentages
39% Intuitive (Your most dominant characteristic)
37% Concrete
29% Fantasy-oriented
25% Nonverbal
23% Random
18% Holistic (Your least dominant characteristic)

29% of my brain is fantasy oriented..............
 
sangfroidFX said:
I've been thinking about this myself recently. Are the most successful traders right or left brained? Are they predominantly left brained which is analytical and logical thinkers which makes sense for a trader, or right brained which is creative and free thinkers, which could be transposed to the world of trading?

Take this test http://www.wherecreativitygoestoschool.com/vancouver/left_right/rb_test.htm to find out which you are. I came out as 53% left brained and 47% Right brained... which makes me..... scizophrenic...... who said that?
Click to expand...

I was the opposite 45-55 I'm a right brain creative. Which is odd because I spend all my spare time reading heavy maths books. Well that and acting like a 6 year-old in the forex markets
 
Here's a thing, take a footy team of elite athletes, not all can be strikers, not all have the nec. engine to be central midfielders, one in a thousand want to be goalies but they've mostly all had that winners' mentality and self belief to strive and thrive...same with trading.
95% perspiration 5% inspiration is a phrase I constantly used when sports coaching, remove the physical aspect of most professions and replace it with mental perspiration and IMHO nothing much changes. We can all defrag ourselves, reformat our hard-drive in order to become very proficient traders if the desire for change is there...
 
Often I feel like i only have half a brain so I'm probably not getting full value.

Peter
 
Thank you for taking the Creativity Test. The results show your brain dominance as being:

Left Brain Right Brain
53% 47%

You are more left-brained than right-brained. Your left brain controls the right side of your body. In addition to being known as left-brained, you are also known as a critical thinker who uses logic and sense to collect information. You are able to retain this information through the use of numbers, words, and symbols. You usually only see parts of the "whole" picture, but this is what guides you step-by-step in a logical manner to your conclusion. Concise words, numerical and written formulas and technological systems are often forms of expression for you. Some occupations usually held by a left-brained person include a lab scientist, banker, judge, lawyer, mathematician, librarian, and skating judge.

Your complete evaluation follows below:

Your left brain/right brain percentage was calculated by combining the individual scores of each half's sub-categories. They are as follows:

Your Left Brain Percentages
46% Logical (Your most dominant characteristic)
40% Reality-based
35% Sequential
22% Linear
17% Symbolic
14% Verbal (Your least dominant characteristic)

Your Right Brain Percentages
53% Holistic (Your most dominant characteristic)
37% Concrete
32% Nonverbal
28% Random
16% Fantasy-oriented
15% Intuitive (Your least dominant characteristic)
Click to expand...

i always wanted to be a skating judge
 
sangfroidFX said:
Exactly, or worse still, claiming taxpayers money to pay for the rent on your gay lover's property, which is also where you live too. Maybe Mr Laws had a touch of the old split personality syndrome too, he never had a gay lover, just masturbated a lot over having two homes paid for by us.
Click to expand...

Hmmm what was that song Beavis and Butthead used to sing, Breaking the Law (by Judas Priest??).

Breaking the Laws, breaking the Laws

Honestly though, why did he do it? He is mega-rich anyway and continually bragged about how his expense record was spotless. What a t*t.

I'm sure he'll be back in 3 months, otherwise known as "doing a Mandelson" (by which I mean returning to cabinet, not .. er ... )
 
You must log in or register to reply here.

Similar threads

trendie
Heikin-Ashi: How do you trade it, given the bar Open/Close are not real?
Replies
2
Views
2K
Bill Signer
B
A
Money loser!!! ... Need some help!
Replies
10
Views
2K
JoshUK
J
B
Trader's Personality Quiz
Replies
13
Views
2K
new_trader
new_trader
H
  • Locked
You won't believe me... But ****ing hell i'm amazingly really annoying!
6 7 8
Replies
142
Views
17K
Technically Fundamental
Technically Fundamental
lbranjord
Test your personality Type
Replies
4
Views
4K
Black Swan
B
Top