dumb guide to trading psychology lulz

This is a discussion on dumb guide to trading psychology lulz within the Psychology, Risk & Money Management forums, part of the Methods category; Originally Posted by Vilas Lastly, Please AVOID the Psycho-books. They who can do. Failed traders and those who can not, ...

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Old Jul 20, 2017, 10:50am   #31
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Originally Posted by Vilas View Post
Lastly, Please AVOID the Psycho-books. They who can do. Failed traders and those who can not, write books, the worst of which are of the Psycho-variety. There are of course a number of books that are real good but the psycho-variety are not in this category. Re-engineering is NOT required if the engineering was done right in the first place. So, if your system is right, it will make money for you. If your system is wrong, no amount of psycho-stuff will work.
Wish you all Pips and Profits !
A forum genius advising others
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Old Jul 20, 2017, 10:53am   #32
 
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A forum genius advising others
says the pot
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Old Jul 20, 2017, 11:22am   #33
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says the pot
You really don't know all the highly intelligent people on forums , he was my 7 the genius on forum , I came here to learn.You are no 2.

https://media.giphy.com/media/P0hL0sv0LX60g/source.gif
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Old Jul 22, 2017, 7:02am   #34
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foroom lluzers started this thread Traders are disciplined with our ancestral brain which is still the monkey brain.

TRADER's minds don't do monkey business on live accounts


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Old Jul 22, 2017, 9:20pm   #35
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Originally Posted by EnlightenedJoe View Post
Trading doesn't involve psychology. Why would I hide it ? Trading is about economics and merchant business.


The reason I am in this thread is because I am curious why you are peddling psychology, something that will cause people to lose money.
another nice quote
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Old Jul 23, 2017, 6:21am   #36
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Originally Posted by fudgestain View Post
day trading is dumb
no, losing money is dumb.
There is a difference.
losing is an insult in the markets.
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Old Jul 23, 2017, 8:34am   #37
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foroom lluzers started this thread sit in front of monitors and making money is easy.
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Old Jul 29, 2017, 7:01am   #38
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Originally Posted by darktone View Post
Cheers for the plug Fug but I no think I smart, just another idgiot in ze market

Anyways, I reckon this thread has gotten a bit off topic, so heres mine :-


5) using size with tight stops

12) waiting for confirmation

13) thinking that you know something

14) thinking that your a star

15) trading scared

16) trading with money you cant afford to loose


23) thinking that you know something (see 13)

24) acting on that thought^ again and again and again

32) not pulling the trigger

34) using risk blinkers

35) using comon sense blinkers

36) using reality blinkers


40) labelling yourself a scalper but still paying spread

41) using key time zones

42) not knowing yourself

44) thinking your way is the only way

50) focusing on 99 ways to blow an acc

51) trading full retarde but still thinking your a champ


55) putting the technical side before the psych side

58) taking it too seriously

59) not finding time to have a laugh


62) approaching trading as a battle

63) not aiming at prices in your favour

64) spending too much time on zulu


69) then posting that EVERYTHING IS KNOWN IN ADVANCE and expect no lulz

70) trading the news after the announcement


72) believing youre a loser

73) thinking that you can never win

74) thinking 'they' are out to get you


77) cherry picking trades

80) using bows

81) and arrows ^


83) following some muppet on a forum cos he tells you he has the knowledge of the 1%

84) doubling up on said muppets calls ^

85) then not taking profits but get out at break even


89) trading the money rather than the market

90) personalising your losses

91) being unaware of your lack of emotional intelligence

92) being unaware of you ignorance

95) not having some understanding of what money is

96) putting 'being right' before being 'profitable'


98) failing to be as water


99) and last but by no means least Click the image to open in full size.
I could not resist this one.
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Old Jul 29, 2017, 12:13pm   #39
 
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I could not resist this one.
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Old Jul 29, 2017, 1:13pm   #40
 
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Originally Posted by foroom lluzers View Post
I could not resist this one.
Did it resonate with you? Deep down inside your inner trader?
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Old Jul 29, 2017, 2:05pm   #41
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Did it resonate with you? Deep down inside your inner trader?
I know the rationale psychology behind your post , so nowadays I have to say NO .


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Old Jul 29, 2017, 2:09pm   #42
 
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I know the rationale psychology behind your post , so nowadays I have to say NO .


Please explain this rationale
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Old Jul 30, 2017, 8:29am   #43
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Please explain this rationale

Now we don't want to scare new traders from getting into this industry , best to hide this information from noobs , it is not in the interests of those who make money from trader or new victims.

Psychology psychology psychology

The rational is explained in the best threads in psychology section , the 15 psychology threads I opened and by top psychologists .It would take me 3 months to explain this rationale.
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Old Jul 30, 2017, 10:21am   #44
 
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Hey if you can't do it thats ok man
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Old Jul 30, 2017, 11:24am   #45
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Originally Posted by EnlightenedJoe View Post

Psychology is as useful as juggling balls is to trading. These things are unrelated to trading and should be put aside.
Another learned quote
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