Trading and Yourself

[Mike Kshemaraja]

What do you think about the below?


"You will not make money long term until you know enough about your personality to find a trading style that is compatible. You need to follow your rules comfortably, allowing you to enter and exit trades with minimal or not uncertainty or anxiety. Once you have mastered a method of trading, if you feel stress while trading, then either you haven't yet found your style or yourself".

 

[lasafx]

its a normal thing man

 

[Mike Kshemaraja]

its a normal thing man

?

 

[lasafx]

ya,
i thing ur thoughts are the normal one for all traders ,its correct or not...........

 

[Jack o'Clubs]

Maybe a trader who spends too much time thinking about the psychology of trading (unless as part of a methodology for the exploitation of other market participants, ie understanding herd behaviour, etc) may not be cut out to be a trader. I mean, if you're suffering anxiety or excess stress when trading you're either i) well over-leveraged, ii) just gambling, and/or iii) better off in another job, really.

 

[darkcider]

What do you think about the below?


"You will not make money long term until you know enough about your personality to find a trading style that is compatible. You need to follow your rules comfortably, allowing you to enter and exit trades with minimal or not uncertainty or anxiety. Once you have mastered a method of trading, if you feel stress while trading, then either you haven't yet found your style or yourself".

The main anxiety problems stem from fear, loss of money and/or quite simply being wrong.

Never trade with money that you can't afford to lose (very big disadvantage). Realise that you can't see into the future and being wrong is quite normal outside of certain mental disorders (autism for example).

 

[Mike Kshemaraja]

Maybe a trader who spends too much time thinking about the psychology of trading (unless as part of a methodology for the exploitation of other market participants, ie understanding herd behaviour, etc) may not be cut out to be a trader. I mean, if you're suffering anxiety or excess stress when trading you're either i) well over-leveraged, ii) just gambling, and/or iii) better off in another job, really.

Or maybe because you have not yet find a method that is compatible with your personality? Or you do not know very much about your personality to find a method that is compatible?

I do not want to sound mystical (I am pragmatic person, I think:) but to me the below works, not all the time, but when in the zone:

"The best trades are made without thinking, when you surpass the concepts, the knowledge and you reach the subconscious, where creativity and instincts lays and connects you to Greater Energy. Once you there you flow, there is not contraction but only expansion to enter the doctrine of vibration. Yes, trading is very much knowing yourself and the realisation of one helps the other".

 

[lasafx]

i like the your words..............."trading is very much knowing yourself and the realisation of one helps the other".......this word is a real one.......its like a one type of meditation for me..........

 

[Patricia12]

What do you think about the below?


"You will not make money long term until you know enough about your personality to find a trading style that is compatible. You need to follow your rules comfortably, allowing you to enter and exit trades with minimal or not uncertainty or anxiety. Once you have mastered a method of trading, if you feel stress while trading, then either you haven't yet found your style or yourself".

I think, it is trading tips for new and old traders.

 

[Mike Kshemaraja]

I think, it is trading tips for new and old traders.

Yes.

And this is one trade just made that reflect that state of mind:

Lower highs (1, 2, 3, 4), battle (A), double pressure (arrow down).

 

[Samira Bhagvat]

What do you think about the below?


"You will not make money long term until you know enough about your personality to find a trading style that is compatible. You need to follow your rules comfortably, allowing you to enter and exit trades with minimal or not uncertainty or anxiety. Once you have mastered a method of trading, if you feel stress while trading, then either you haven't yet found your style or yourself".

Man Is good to earn money but you need control your self for loosing money. If you are trading like a crazy an without any strategy than believe me you will lost a lot. Don`t be addicted for it....!!!!!!!

 

[wallstreetwarrior87]

What do you think about the below?


"You will not make money long term until you know enough about your personality to find a trading style that is compatible. You need to follow your rules comfortably, allowing you to enter and exit trades with minimal or not uncertainty or anxiety. Once you have mastered a method of trading, if you feel stress while trading, then either you haven't yet found your style or yourself".

Trying to fit a personality to a style is an excuse for not being able to adapt yourself. A competent trader should be able to adapt to all conditions, that is what day trading is all about, as everyday poses a different type of challenge.

As Bruce Lee says "be like water my friend, water is free flowing and adaptable. If it is in a cup it becomes the cup, if it is in a river it becomes the river". There are many parallels with trading and the martial arts. Bruce Lee was an advocate that no style was better than any other, you just need to use the right style at the right moment. This is very similar to day trading.

 

[Mike Kshemaraja]

Trying to fit a personality to a style is an excuse for not being able to adapt yourself. A competent trader should be able to adapt to all conditions, that is what day trading is all about, as everyday poses a different type of challenge.

As Bruce Lee says "be like water my friend, water is free flowing and adaptable. If it is in a cup it becomes the cup, if it is in a river it becomes the river". There are many parallels with trading and the martial arts. Bruce Lee was an advocate that no style was better than any other, you just need to use the right style at the right moment. This is very similar to day trading.

Nice one.

 

[J Martin]

its a normal thing man

i agree with you

 

[wackypete2]

"The best trades are made without thinking,..."

Might not be wise during NFP days.
Just my opinion

Peter

 

[Mike Kshemaraja]

Might not be wise during NFP days.
Just my opinion

Peter

Peter

Sure, but it is more referred to when we get into the "zone", you know, when everything works out; you make a trade and goes you way, then another and another, there is not tension, not fear, no opinions, no concepts, decision are made based on what is there, not in what you want to see, you just float, you are one with the market.

Difficult to get into, but worth it.

Mike

 

[glyder]

I think the best way to get into the zone is just look at charts for years & years. Know your method so well you can do it almost blindfold & stick with it.

 

[Mike Kshemaraja]

I think the best way to get into the zone is just look at charts for years & years. Know your method so well you can do it almost blindfold & stick with it.

Bravo.:clap:

 

[Kitchen Sink]

I think the best way to "Get in the zone" is to smoke some soft black hashish from the Himalaya region.

 

[Mike Kshemaraja]

I think the best way to "Get in the zone" is to smoke some soft black hashish from the Himalaya region.

LOL

Done that, yes you get into the "zone", but you get stuck in it. Works better with music, if I remember well.

But seriously you have a good point (or joint). :clap: