Lord Anton Kreil

[edmond360]

It is easier to pull the blind mask of " no trading psychology is involved in trading " , on all the blind noobs. The psychology module , I suspect , is equivalent to the dumb guide to psychology , as practiced by those who can't.

Professional traders understand the reasons for having a position on, actual reasons based upon their own forecasts and ideas. If the trade goes wrong, they don't need specialist physiological training to know well ****, I guess my reasoning was wrong and I should cut the trade.

Traders like you don't have the same understanding or investment process. You're relying upon some patterns or lines drawn on a chart. When trades go wrong for you, then you have no genuine idea why, is it just part of the strategy, is it the broker, does the line not work anymore, are the market conditions wrong, is the strategy not working, are algorithms exploiting me, questions questions and more questions. That uncertainty arises because you haven't done proper work before putting the trade on. You've done the work months or years before trying to develop a rinse and repeat system that you want to use forever to make easy money for the rest of your life. So that's the truth, why retail traders are so obsessed with psychology, you need it to prevent you feeling all of that very justified uncertainty after each loss and completely wrecking your account.

For the broker, they're laughing because your psychology desensitizes you to losses and makes you the perfect client. For a professional trader, they'd literally laugh at you too for the way you hold up psychology as something that affects trading.

 

[spinola]

They over-perform compared to 99% of internet traders who "loose" their shirts.

Funds earn from management fees. It is not in their interest to take large risks. If they are rewarded purely on performance fees, they will "loose" their shirts just as quickly as the internet traders.

So, in effect , to avoid exposing themselves to potential loss, or the hard work required to potentially profit, they become ' idea brokers ' for other ignorant people's money too ?

But , again, it highlights an environment which may contain individuals to avoid success. Unless being an ' idea broker ' , satisfies the individual as a life pursuit.

But being paid for one's ideas, knowing they've underperformed , can hardly be satisfying, can it ? That's a huge loss in itself. A loss of self worth to actually out or overperform. To do something that adds value to and for your customers. If you're paid for that professionalism but can't actually achieve that outcome , that's ' rogue trading ' defined.

Again, that says avoid this type of training or education, if success from performance matters to you.

Most odd....

 

[EnlightenedJoe]

So, in effect , to avoid exposing themselves to potential loss, or the hard work required to potentially profit, they become ' idea brokers ' for other ignorant people's money too ?

Actually they do good job. If they weren't there, their customers would become internet traders and lose the lot. So, by not performing they actually save people money.

The funds also are more knowledgeable about the markets. The fact they refuse to play casinos like the uninformed shows they are diligent and professional in their tasks.

 

[foroom lluzers]

Professional traders understand the reasons for having a position on, actual reasons based upon their own forecasts and ideas. If the trade goes wrong, they don't need specialist physiological training to know well ****, I guess my reasoning was wrong and I should cut the trade.

Traders like you don't have the same understanding or investment process. You're relying upon some patterns or lines drawn on a chart. When trades go wrong for you, then you have no genuine idea why, is it just part of the strategy, is it the broker, does the line not work anymore, are the market conditions wrong, is the strategy not working, are algorithms exploiting me, questions questions and more questions. That uncertainty arises because you haven't done proper work before putting the trade on. You've done the work months or years before trying to develop a rinse and repeat system that you want to use forever to make easy money for the rest of your life. So that's the truth, why retail traders are so obsessed with psychology, you need it to prevent you feeling all of that very justified uncertainty after each loss and completely wrecking your account.

For the broker, they're laughing because your psychology desensitizes you to losses and makes you the perfect client. For a professional trader, they'd literally laugh at you too for the way you hold up psychology as something that affects trading.

I don't trade anywhere like the retail traders do , I understand all this BS about T/A , the hundreds of threads opened on t/a , none of which make any money.

I only tried the Barjon candle , it also failed me.I know 80 % of trends breakdown , that market timing is almost non profitable and traders make mistakes that turn their profits into losses.This is what amateurs are blindly taught.So I don't trade technical analysis except at trend breakout level .

.I trade a mechanical method which buys options and cash , at half the total option volatility price.I trade probabilities ,like a casino , and trading is a probabilities games.

 

[joetroscoe]

Professional traders understand the reasons for having a position on, actual reasons based upon their own forecasts and ideas. If the trade goes wrong, they don't need specialist physiological training to know well ****, I guess my reasoning was wrong and I should cut the trade.

Traders like you don't have the same understanding or investment process. You're relying upon some patterns or lines drawn on a chart. When trades go wrong for you, then you have no genuine idea why, is it just part of the strategy, is it the broker, does the line not work anymore, are the market conditions wrong, is the strategy not working, are algorithms exploiting me, questions questions and more questions. That uncertainty arises because you haven't done proper work before putting the trade on. You've done the work months or years before trying to develop a rinse and repeat system that you want to use forever to make easy money for the rest of your life. So that's the truth, why retail traders are so obsessed with psychology, you need it to prevent you feeling all of that very justified uncertainty after each loss and completely wrecking your account.

For the broker, they're laughing because your psychology desensitizes you to losses and makes you the perfect client. For a professional trader, they'd literally laugh at you too for the way you hold up psychology as something that affects trading.

This is the very sort of psychology the Institute points out. Most retailers cannot take pain. Not the pain of taking a loss, the pain of fearing they will miss out. The result is that they seek risk when losing and seek certainty when winning. This mindset encourages them to trade often, add to losers and cut winners. That is why chartists talk about imaginary lines on charts, win rates, and what not. They do it exactly backwards from the professional mindset.

 

[EnlightenedJoe]

the pain of fearing they will miss out.

Easily fixed. They can do what I do and be in the market 24/7/365/99.

You really aught to tell Anton about me. For a small fee, I can give him lots of new ideas that he can use to teach people to fix all their problems.

 

[edmond360]

I don't trade anywhere like the retail traders do , I understand all this BS about T/A , the hundreds of threads opened on t/a , none of which make any money.

I only tried the Barjon candle , it also failed me.I know 80 % of trends breakdown , that market timing is almost non profitable and traders make mistakes that turn their profits into losses.This is what amateurs are blindly taught.So I don't trade technical analysis except at trend breakout level .

.I trade a mechanical method which buys options and cash , at half the total option volatility price.I trade probabilities ,like a casino , and trading is a probabilities games.

Just because options brokers give you some probabilities on the platform, doesn't turn you into the casino. Look at the price of the option, look at the probability of it finishing in the money, then work out your expected pay out and you'll find it's negative. There's no other way about it, when you buy an option it's like any other form of insurance, you're overpaying for what you get. If you sell options instead, then you're going to get ripped apart when the 2% event happens and you don't have a 10,000,000 strong client base to cover it.

 

[foroom lluzers]

Just because options brokers give you some probabilities on the platform, doesn't turn you into the casino. Look at the price of the option, look at the probability of it finishing in the money, then work out your expected pay out and you'll find it's negative. There's no other way about it, when you buy an option it's like any other form of insurance, you're overpaying for what you get. If you sell options instead, then you're going to get ripped apart when the 2% event happens and you don't have a 10,000,000 strong client base to cover it.

Agreed , so I found an edge in this zero sum formula , and how to profit from it!

 

[EnlightenedJoe]

Agreed , so I found an edge in this zero sum formula , and how to profit from it!

You probably skipped math class back in skool. It's not possible to have positive edge in zero sum. What you have is a negative edge. Since you are long short, so you are -edge * 2.

This is the real reason you are losing money and not because of psychology.

 

[edmond360]

This is the very sort of psychology the Institute points out. Most retailers cannot take pain. Not the pain of taking a loss, the pain of fearing they will miss out. The result is that they seek risk when losing and seek certainty when winning. This mindset encourages them to trade often, add to losers and cut winners. That is why chartists talk about imaginary lines on charts, win rates, and what not. They do it exactly backwards from the professional mindset.

Some of that sounds like institute propaganda. Every single trading educator on earth tells people not to do those things, so I wouldn't be so quick to think they inexplicably do them anyway.

 

[foroom lluzers]

You probably skipped math class back in skool. It's not possible to have positive edge in zero sum. What you have is a negative edge. Since you are long short, so you are -edge * 2.

This is the real reason you are losing money and not because of psychology.

I not losing , I am making .I have built/ created a positive expectancy formula , around a formula of zero sum.Think outside the box .

The only reason I would lose money , is if I listened to the team of blind.

 

[foroom lluzers]

Some of that sounds like institute propaganda. Every single trading educator on earth tells people not to do those things, so I wouldn't be so quick to think they inexplicably do them anyway.

Successful people are great psychologists .

https://www.theguardian.com/football/2012/dec/19/alex-ferguson-secrets-harvard-academics

How many has Anton led?

 

[barjon]

I not losing , I am making .I have built/ created a positive expectancy formula , around a formula of zero sum.Think outside the box .

The only reason I would lose money , is if I listened to the team of blind.

I should give it up, fl. Whenever people who know what they are talking about choose to respond to your outpourings, like joe and Edmond here just recently, they expose you for what you are.

So please stop trying to pretend you are a great trader and feeding us with a load of gibberish and psychobabble.

 

[foroom lluzers]

I should give it up, fl. Whenever people who know what they are talking about choose to respond to your outpourings, like joe and Edmond here just recently, they expose you for what you are.

So please stop trying to pretend you are a great trader and feeding us with a load of gibberish and psychobabble.

If you read about Sir Alex Fergusion from a psychologist's point of view , he was a great psychologist.I read it all .Edmond and Joe are only talking about costs of spread etc , without any psychology .

According to you guys , the market is psychic , it will execute your trading plans automatically , without your own personal involvement.The psychic market will ignore all your psyche!

 

[EnlightenedJoe]

According to you guys , the market is psychic , it will execute your trading plans automatically , without your own personal involvement.The psychic market will ignore all your psyche!

You are a confused. Orders are executed based on price. This is not magic.

 

[foroom lluzers]

Just because options brokers give you some probabilities on the platform, doesn't turn you into the casino. Look at the price of the option, look at the probability of it finishing in the money, then work out your expected pay out and you'll find it's negative. There's no other way about it, when you buy an option it's like any other form of insurance, you're overpaying for what you get. If you sell options instead, then you're going to get ripped apart when the 2% event happens and you don't have a 10,000,000 strong client base to cover it.

Don't think like the option formula writers and readers want you to believe.The option formula is based on probabilities .You don't have to let the options expire , 90 % of options at the money expire in the money .You are not overpaying for the volatility , I am trading volatility , the option price is based on historical /implied volatility .If the implied volatility is 100 ticks , as an example , the option price is 100 , 50 for call and 50 for put = 100 .If you only buy the call , you are buying 100 volatility for 50 price , therefore you have a chance to make 50 .

Very simple method , find areas of buying the volatility for half the price and you will make money.I don't let them expire , I trade in and out.

I rarely use options as insurance , I use them to buy volatility.

BTW. Edmonds is one the few posters I respect .

 

[EnlightenedJoe]

you are buying 100 volatility for 50 price , therefore you have a chance to make 50 .

Where does psychology fit in then ?

 

[foroom lluzers]

Where does psychology fit in then ?

In the execution of the trades , there are at least 50 psychological reasons that prevent perfect execution of the trading plan , because the human with a mind and psyche executes the trade.

 

[EnlightenedJoe]

In the execution of the trades , there are at least 50 psychological reasons that prevent perfect execution of the trading plan , because the human with a mind and psyche executes the trade.

So you have shaky hands at the moment of pressing the buy button ?

Odd that, I never experienced that. I just, like, pressed the button and move on to look for the next opportunity. No thinking in the entire process at all.

 

[joetroscoe]

Easily fixed. They can do what I do and be in the market 24/7/365/99.

You really aught to tell Anton about me. For a small fee, I can give him lots of new ideas that he can use to teach people to fix all their problems.

If I bought one contract of the ES I would be in the market constantly and in profit. Troll much?