Traders psychology

[traderspsychology]

My name is Lenny Williams and I am a psychologist specialized in motivation, emotion and attitudes with a variety of experience in coaching clients. My previous experiences include guiding poker players in improving their mental game. Since of the similarities between poker and trading regarding dealing with variance, uncertainty and the important role that mental game has in performing I think I can be of value for traders as well. For now I would like to gain experience in helping traders improve their mindset and achieve their goals

I am curious if there would be interest for free trial sessions. I would be able to gain experience and you guys might learn a thing or two as well.

I will be able to guide and offer solutions in the area of my specialisation:

Goal setting
Solving confidence issues Overconfidence and loss of confidence
Controlling Emotions Fear (losing money, missing out possibilities)
Anger (Mistakes, losing money, revengetrading)
Impatience
Greed
Improving discipline

In order to be able to offer solutions we will first identify the cause of the issues in the area that you want to improve. Therefore you will have to fill in a questionnaire before the session. In the next step we will create a step-by-step strategy to fix your mindset.

In case of interest add me on Skype: traderspsychology

 

[Traderjohnsblog]

Hello,

My wife and I trade as a team. She had some issues with exiting trades prematurely. We went to a sports psychologist and he was able to fix the problem. So I have first hand knowledge that this can be helpful. Good luck.

 

[Quantt]

My name is Lenny Williams and I am a psychologist specialized in motivation, emotion and attitudes with a variety of experience in coaching clients. My previous experiences include guiding poker players in improving their mental game. Since of the similarities between poker and trading regarding dealing with variance, uncertainty and the important role that mental game has in performing I think I can be of value for traders as well. For now I would like to gain experience in helping traders improve their mindset and achieve their goals

I am curious if there would be interest for free trial sessions. I would be able to gain experience and you guys might learn a thing or two as well.

I will be able to guide and offer solutions in the area of my specialisation:

Goal setting
Solving confidence issues Overconfidence and loss of confidence
Controlling Emotions Fear (losing money, missing out possibilities)
Anger (Mistakes, losing money, revengetrading)
Impatience
Greed
Improving discipline

In order to be able to offer solutions we will first identify the cause of the issues in the area that you want to improve. Therefore you will have to fill in a questionnaire before the session. In the next step we will create a step-by-step strategy to fix your mindset.

In case of interest add me on Skype: traderspsychology

Personally I think trading psychology is way overrated, if you have a solid plan, it will give you all the consistency you'll need... If you don't have one or don't follow it, maybe you should not be trading in the first place and over paying for psychologists and mentors will not help you one bit...

 

[Nowler]

Personally I think trading psychology is way overrated, if you have a solid plan, it will give you all the consistency you'll need... If you don't have one or don't follow it, maybe you should not be trading in the first place and over paying for psychologists and mentors will not help you one bit...

Trading psych would be far less use to you since you are a quant trader who has a specific ridged system. A discretionary trader on the other hand might find more use from one.

Then again... a quant trader with a strategy with 50% or even less win rate who takes good risk:reward trades to make up for the lower success percentage might have some psych issues as a result of the high loss rate. This person might get good value out of a psychologist.

Just my 2c

 

[piphoe]

we had a psycho guy here his name was smthg like forumlooser...they run him out of town

he was great

 

[Nowler]

we had a psycho guy here his name was smthg like forumlooser...they run him out of town

he was great

foroom lluzers?

He has a thread right below this one

 

[piphoe]

foroom lluzers?

He has a thread right below this one

ME? lol I'm not him, not that smart

ps i actually looked haha

 

[Nowler]

ME? lol I'm not him, not that smart

ps i actually looked haha

Haha, what?

I was asking if that was the guy you were thinking of. Not asking if you are that guy
Then I just stated that his thread was below this one.

 

[piphoe]

Haha, what?

I was asking if that was the guy you were thinking of. Not asking if you are that guy
Then I just stated that his thread was below this one.

being kind of a dumb guy, can tell (with reasonable accuracy ie crap detector ) when in the presence of smart. (and,vice versa)

 

[piphoe]

Haha, what?

I was asking if that was the guy you were thinking of. Not asking if you are that guy
Then I just stated that his thread was below this one.

of course he wasn't going to hand us the grail. he was playing around the edges, as we all do.

He had some serious shared insight, imo

that he even logged on was remarkable

 

[Quantt]

Trading psych would be far less use to you since you are a quant trader who has a specific ridged system. A discretionary trader on the other hand might find more use from one.

Then again... a quant trader with a strategy with 50% or even less win rate who takes good risk:reward trades to make up for the lower success percentage might have some psych issues as a result of the high loss rate. This person might get good value out of a psychologist.

Just my 2c

I'll disagree with you on this one

I have been to a few psychologists offices, and no, I am not that crazy (or maybe I am, but not yet certified), to support friends, family and employees, so maybe I am a bit bias, but every single time the psychologist will find something wrong and will charge $1000s of dollars to "fix" or "improve" - the whole thing is pretty rigged to me...

If someone is looking for a shoulder to cry or pat on the back from time to time, that's what the fiends and family are for, no need to pay a lot of money to strangers...

On the other hand, if someone have a real mental health issue, maybe the better idea is to see a psychiatrist, at least he is a real doctor and maybe trading the markets and other high stress jobs are not a good idea in the first place...

 

[piphoe]

run your code, and shut up

 

[piphoe]

we are trying to trade here

 

[Quantt]

Lol

 

[Nowler]

Haha

 

[Nowler]

I'll disagree with you on this one

I have been to a few psychologists offices, and no, I am not that crazy (or maybe I am, but not yet certified), to support friends, family and employees, so maybe I am a bit bias, but every single time the psychologist will find something wrong and will charge $1000s of dollars to "fix" or "improve" - the whole thing is pretty rigged to me...

If someone is looking for a shoulder to cry or pat on the back from time to time, that's what the fiends and family are for, no need to pay a lot of money to strangers...

On the other hand, if someone have a real mental health issue, maybe the better idea is to see a psychiatrist, at least he is a real doctor and maybe trading the markets and other high stress jobs are not a good idea in the first place...

In my experience, the domain of psychology is vast and varies in levels of validity way too much for me to make call on the type of psychs "your friends" have seen. I would really have to know exactly what sort of psychologist we are talking about. But I can certainly see a use for CBT. The more Rogerian psychs, not so much but could help in a sense of keeping someone on an even keel throughout stress or whatnot... A counsellor who relies upon neurological psychology as part of their tools would also be able to help, in the sense of neuroplasticity/forming more complex neural pathways (see studies on enriched vs impoverished environments on brain growth and cognitive reserve).


I used to get caught up on what psychology can do when studying it (defensive when people said it wasn't science), but really, the advancements in understanding that we have gotten from collaborations of biopsych and neuropsych, even adding a social lens gives such a broader scope to whatever phenomena that's the focus.

Psychology is a tool, just like we use some indicators sometimes and other indicators other times

 

[Quantt]

In my experience, the domain of psychology is vast and varies in levels of validity way too much for me to make call on the type of psychs "your friends" have seen. I would really have to know exactly what sort of psychologist we are talking about. But I can certainly see a use for CBT. The more Rogerian psychs, not so much but could help in a sense of keeping someone on an even keel throughout stress or whatnot... A counsellor who relies upon neurological psychology as part of their tools would also be able to help, in the sense of neuroplasticity/forming more complex neural pathways (see studies on enriched vs impoverished environments on brain growth and cognitive reserve).


I used to get caught up on what psychology can do when studying it (defensive when people said it wasn't science), but really, the advancements in understanding that we have gotten from collaborations of biopsych and neuropsych, even adding a social lens gives such a broader scope to whatever phenomena that's the focus.

I agree with the last sentence 100% and I won't argue with you about the rest, because:

1st you have studied it a lot and I have not read a single book about it and

2nd I am sure there are a lot of cases where it helps (either because it can or because of the placebo effect),

And here is why I agree with you: more and more I am in the opinion that mental problems are actually caused by physical issues... Same with the chronic diseases, most of them caused by genetics...

 

[piphoe]

blah blah

and THIRD sure you bank every third or fourt trade lol

 

[piphoe]

I agree with the last sentence 100% and I won't argue with you about the rest, because:

1st you have studied it a lot and I have not read a single book about it and

2nd I am sure there are a lot of cases where it helps (either because it can or because of the placebo effect),

And here is why I agree with you: more and more I am in the opinion that mental problems are actually caused by physical issues... Same with the chronic diseases, most of them caused by genetics...

i'm not sure where your algo is short??

 

[piphoe]

and he wont say lol

i wish i had as almost free time