mind traps affecting traders

This is a discussion on mind traps affecting traders within the Psychology, Risk & Money Management forums, part of the Methods category; all these you outline require a serious strategy implicit or explicit to overcome, not a mindset....

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Old Apr 23, 2017, 9:13pm   #17
 
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all these you outline require a serious strategy implicit or explicit to overcome, not a mindset.
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if you have a little volatility, half an idea where sh^t will turn, and a reasonable stop, I might be able to start making $ off this venture
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Old Apr 23, 2017, 10:19pm   #18
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all these you outline require a serious strategy implicit or explicit to overcome, not a mindset.
All the intelligent posters/psychologists on forums ,know it all

The real pychology doctors are on youtube and the net .

If I ever want any quality , I search on google for top trading psychologist.Here even the forum owner is a trading psychologist.
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Old Apr 23, 2017, 10:31pm   #19
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all these you outline require a serious strategy implicit or explicit to overcome, not a mindset.
It is not mindset then it must be someting else??????????????
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Old Apr 23, 2017, 10:52pm   #20
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Originally Posted by piphoe View Post
all these you outline require a serious strategy implicit or explicit to overcome, not a mindset.
http://www.trade2win.com/boards/firs...ml#post2894080

There is the holy grail
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Old Apr 24, 2017, 6:51am   #21
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foroom lluzers started this thread More mind traps for screen based traders .

http://www.trade2win.com/boards/educ...e-reality.html



Traders are like monkeys , they suffer from the MONKEY BIAS, THEY DO MONKEY BUSINESS ON LIVE ACCOUNTS


Like this?

Humans are very clever and we get clever , when it is not in our interests .When given a highly profitable system , we second guess systems , because we are smart and smarter than the creator of the system.We are like monkeys and do monkey business on live accounts .It is called self sabotage.




We are curious and try new things , inventions and do the same in trading.
We get too clever for our own good in trading ,like these monkeys.

[url]https://
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Old Apr 24, 2017, 9:26am   #22
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foroom lluzers started this thread https://hbr.org/2006/01/decisions-and-desire

https://www.google.co.uk/webhp?sourc...al+brain+money

Your Brain Does Really Weird Stuff When It Thinks About Money , the brain behaves very unpredictably , when executing trades.

search on google videos with words emotions and money
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Old Apr 26, 2017, 7:52am   #23
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foroom lluzers started this thread My mind will make an instantaneous decision. One minute, I'm talking to a friend; next minute, I'd place a bet on. Something will trigger me and the next thing you know, I'm gambling. I'm into online sports gambling, cfd trading and the casino, shifting from one to the other depending on my mood at the time. I'm in great pain right now because I have lost a lot of money.

It's no secret the world of gambling requires just as much skills with a deck of cards as it does mind tricks.But what exactly makes gamblers' brains tick?

https://www.gamblingtherapy.org/en/p...lusion-control

https://www.google.co.uk/search?q=mi...ps+of+gamblers
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Old Apr 26, 2017, 9:06am   #24
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foroom lluzers started this thread Thanks to millions of years of evolution, we are highly intelligent biological organisms, but when it comes to making financial decisions, we can be unduly influenced by ancient brain skills, such as hair trigger responses to perceived fear.In financial realms, Formal stock and bond trading markets came to be a mere four centuries ago.All of which means that, when it comes to money, your brain has had a lot of catching up to do in a very short time

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