Why Is The Obvious Not So Obvious?

This is a discussion on Why Is The Obvious Not So Obvious? within the Psychology, Risk & Money Management forums, part of the Methods category; The obvious is not so obvious because the governments brainwashed everybody. Do you think it is humanely possible to sit ...

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Old Jul 17, 2017, 2:59am   #73
Joined Apr 2017
The obvious is not so obvious because the governments brainwashed everybody.

Do you think it is humanely possible to sit in front of a screen , the market attacks your account bit by bit , you will not have a reactive revenge trade?When new trader started , he was shown simple systems with 3 moving averages , just use it and you are ready to roll your money into the accounts of bucket shops.

we were born reactive with an ancestral brain , that is subconsciously programmed to take over , be reactive like a cat among pigeons , start attacking anything that causes us pain (the market).We are designed like the pigeons to fear and fly.

Every tick against you is an assault on your judgement about the market /trade , it can play ticks on you in the short term , watching the screen after putting on a trade in an uncertain outcome requires new mental skills , skills we are not born with.


What happens when volatility increases and markets become extremely volatile?This is something , not in the system , they are unprepared for yet they are in the market , even more dangerous is their cognitive skills for trading are broken with doubts about their ability. Poor new traders see their stops taken out , all the money gets into the buckets , because the price moved 100 pip up and down and extreme volatility broke out.

Was anybody mentally ready for this trading?very good psychologist.


Last edited by foroom lluzers; Jul 17, 2017 at 6:58am.
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Old Sep 3, 2017, 6:14pm   #74
 
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I've often wondered about the question of why sometimes the answers that are so obvious don't come to mind on their own? Because everyone thinks differently, sometimes some people need a minute to understand certain things, for others a month won't be enough.
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Old Sep 9, 2017, 11:15pm   #75
 
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Lúidín started this thread Maybe it is as simple as "ignorance"
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Old Dec 18, 2017, 9:31am   #76
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The human nature

Human emotions are prone to be influenced by the external environment. It is easy to write a number of rules for your trading decisions but following them up in a situation where the market is against you, is extremely difficult. You may actually lose a sight of the actual vision. If you can control your emotions, your performance will improve to a great extent.
Financial instrument's volatility is more of a speculation than the real change in intrinsic value. The emotions linked with a news is quickly reflected or discounted in the price of different asset classes.
All the best for your trades ahead!
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Originally Posted by Lúidín View Post
No doubt the title will have some thinking

As can be seen from the number of posts in this section of the site, it is "obvious" that the majority of those who are seeking knowledge in relation to making money trading, have not done any solid ground work prior to starting.

If you were to build a house, would you put in 6 inches of concrete for the foundation?

I could make a list, but I will not bother, as I try to keep things simple and short.

So, why is it that the majority of people do not take very seriously the mental aspects (psychology) of trading, as it is by far the most important aspect.

What does the "psychology" of trading mean to you, and if you go off and search the internet for an answer, then the only person you are fooling is yourself.

You must speak exactly what comes out of your mind, and not use words of others.

Lúidín
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