Trading psychology

[Trembling Hand]

I use techniques, (lines, levels, sizing etc) to reduce fear. They give me confidence. If I'm feeling very confident, then I do away with most of that and just trade on pure feel. For myself, I have proven that confidence is primary, and technique is secondary, not the other way around. Technique is a tool to achieve confidence, but confidence can also be generated without this.

I know what your next post will be (because we've been here before!)... All I can say is we have different world views.

I bet ya cannot back that up with 100 profitable real trades.

 

[skc]

I use techniques, (lines, levels, sizing etc) to reduce fear. They give me confidence. If I'm feeling very confident, then I do away with most of that and just trade on pure feel. For myself, I have proven that confidence is primary, and technique is secondary, not the other way around. Technique is a tool to achieve confidence, but confidence can also be generated without this.

I know what your next post will be (because we've been here before!)... All I can say is we have different world views.

At least you are softening your tone... you used to say that confidence alone is sufficient. Now you are saying it is primary while technique is secondary.

To me you observe your inconsistent trading performance and related that to psychology issues. But if you ever get to trade a pofitable strategy or develop real trading skills, you might just change your world view to algin with mine!

 

[tech/a]

I bet ya cannot back that up with 100 profitable real trades.

Ill go 10

 

[CanOz]

Ill go 10

Knock it off you two, you're a couple of trolls.:frown:

 

[pavilion103]

I just don't get it!!!!

I don't want to be critical or have a go at anyone personally though.

How can confidence be primary?

I thinking having a (proven) methodology that you have confidence in, gives you the confidence to trade.

I can fight against the world champion of martial arts and genuinely have the confidence that I will win, but without training, technique, skill, execution, I don't stand a chance! My confidence counts for zero and is a misguided confidence.

 

[Gringotts Bank]

I just don't get it!!!!

I don't want to be critical or have a go at anyone personally though.

How can confidence be primary?

I thinking having a (proven) methodology that you have confidence in, gives you the confidence to trade.

I can fight against the world champion of martial arts and genuinely have the confidence that I will win, but without training, technique, skill, execution, I don't stand a chance! My confidence counts for zero and is a misguided confidence.

You won't like this review because it will clash with your current beliefs.

http://joelbowes.com/jed-mckenna-theory-of-everything-review/

See? I told you you wouldn't like it.

If you don't like the review then you definitely should give the book itself a wide berth.

C-Rex. He's not the only one who talks this way. Plenty of clever cookie scientists too.

 

[Trembling Hand]

GB can you show us how you put this into practise?

 

[skyQuake]

- Confident about trading
- Little to no technique
- Makes buckets of money

...Alvin Purple?

 

[Gringotts Bank]

GB can you show us how you put this into practise?

Does the C-Rex paradigm seem ok? If not I can't proceed.

 

[Trembling Hand]

Does the C-Rex paradigm seem ok? If not I can't proceed.

You can't trade?

 

[Gringotts Bank]

You can't trade?

Are you ok with the paradigm? Yes or no? (PS. I know the answer I just want to hear you say it).

 

[CanOz]

lol....

So the (bad?) news is that all of reality is bull****. The (good?) news is that its some entertaining bull****.

 

[Trembling Hand]

Are you ok with the paradigm? Yes or no? (PS. I know the answer I just want to hear you say it).

That is irrelevant to practical application of " Trading psychology" but,


NO

How are we to accept these gurus' enlightenment when their own premisses is that everything is not real, surely they are taking the piss - looking for idiots to swallow their nonsense and in the process cough up a good deal of $ their way all while promising to fill that lonely sorry feeling one has when you realise you are a loser. Do a Google search on this dude and you get the same old washed search result that all scamsters and spammers have. Same old lost souls praising him. Been going on since witch doctors claimed their own brilliance.

 

[Gringotts Bank]

That is irrelevant to practical application of " Trading psychology" but,


NO

How are we to accept these gurus' enlightenment when their own premisses is that everything is not real, surely they are taking the piss - looking for idiots to swallow their nonsense and in the process cough up a good deal of $ their way all while promising to fill that lonely sorry feeling one has when you realise you are a loser. Do a Google search on this dude and you get the same old washed search result that all scamsters and spammers have. Same old lost souls praising him. Been going on since witch doctors claimed their own brilliance.

Actually, he and others like him ask you specifically not to take their word for anything. It says that in the article that you were supposed to have read! You project a lot. http://en.wikipedia.org/wiki/Psychological_projection

Regarding the Googling of Jed McKenna, it won't yield much. He doesn't run courses, nor does he have a shiny website, keep a blog (ahem...cough) or sell CDs or DVDs. He keeps completely out of any sort of spotlight. The blogs you will find on the net are not by him, but by dudes who appreciate his work. You'll find amongst his admirers some very clever and astute people. There's never even been a photo of him published anywhere on the net. The book cost me about $7.

 

[pavilion103]

This is deteriorating.....

 

[Trembling Hand]

The book cost me about $7.

And as you keep avoiding it I would guess trading with this gumpf has cost you a hell of a lot more.

Show us the out come of this enlightened knowledge GB....... Give us a hand full of trades.

 

[Gringotts Bank]

And as you keep avoiding it I would guess trading with this gumpf has cost you a hell of a lot more.

Show us the out come of this enlightened knowledge GB....... Give us a hand full of trades.

I mention them every now and then on here. You can search through my old posts.

 

[Trembling Hand]

I mention them every now and then on here. You can search through my old posts.

LOL, Figures.

I hope you find what you are looking for one day.

 

[Gringotts Bank]

LOL, Figures.

I hope you find what you are looking for one day.

Thank you. We're all searching in our own way, are we not?

 

[Joules MM1]

here ya go GB ......no lines....current trades......cupla looks....

show us some simple set-ups ...they dont all have to be stella.....

- - - Updated - - -

have a nice election weak-end .....