The idea's we trade by, so we never lose again. p2. The students become the masters

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LeMercenaire
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby LeMercenaire » Fri Sep 25, 2020 3:26 pm

Leoheart wrote:
LeMercenaire wrote:
aliassmith wrote:
Psychology is a big factor in trading. Do u know what triggers you.

You consider losses as a failure and not a statistical thing?
You trade to much risk so you make bad decisions?
Worried about being successful?

You wont make it unless you identify your mental issue and correct it thur sheer will. Change yourself or you method.


Well identified.

My own personal demon when setting out was the fact that, although I didn't ''care'' about money, I was a rabid perfectionist. I HATED it when I broke a streak of wins. I would NEVER end the day/session/hour/minute with a loser.

It was crippling me. So that was the one thing to break and I simply ended up using the same psychological techniques I used when kicking a football, which came down to - at its most basic - as my coach would say, ''100 million Chinese don't give a damn'', lol.


Howdie Partner,

Why is friday not a good day to get into a position for a Long Term Trader? Besides the monday open gaps any other reason we should sit out on friday? Be safe friend.


It's just personal preference, buddy. I will trade a morning but just find my focus drifting as the day drifts on.

I guess it goes back to my "other" lives, as the weekend was always pretty much begun through Friday, due to getting gear ready to travel on the Saturday, or whatever.

That attitude just carried over.

As the Big Gorillas will look to settle their positions going into the new week, then there will be moves to play off of for those so inclined, so it's nothing to do with trading conditions for me.

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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby Leoheart » Sun Sep 27, 2020 6:38 pm

LeMercenaire wrote:
Leoheart wrote:
LeMercenaire wrote:
Well identified.

My own personal demon when setting out was the fact that, although I didn't ''care'' about money, I was a rabid perfectionist. I HATED it when I broke a streak of wins. I would NEVER end the day/session/hour/minute with a loser.

It was crippling me. So that was the one thing to break and I simply ended up using the same psychological techniques I used when kicking a football, which came down to - at its most basic - as my coach would say, ''100 million Chinese don't give a damn'', lol.


Howdie Partner,

Why is friday not a good day to get into a position for a Long Term Trader? Besides the monday open gaps any other reason we should sit out on friday? Be safe friend.


It's just personal preference, buddy. I will trade a morning but just find my focus drifting as the day drifts on.

I guess it goes back to my "other" lives, as the weekend was always pretty much begun through Friday, due to getting gear ready to travel on the Saturday, or whatever.

That attitude just carried over.

As the Big Gorillas will look to settle their positions going into the new week, then there will be moves to play off of for those so inclined, so it's nothing to do with trading conditions for me.


'You don't need to find the Pros, You just need to find what you can and cannot get way with' - A Dear Friend

While we are on the topic of Gorillas and earning bananas for a living, lets run through a scenario.

A up coming gorilla at heart goes to a mom-pop exchange to exchange his bananas for no other reason but to gain more bananas (Oh dear the life we live)

Now at the mom-pop exchange there are Families of gorillas robbing unwary chimps and other gorillas all the time. Our Gorilla, Joe has saved a good amount bananas and looking to double or triple their them in a week or two. He has 1000 bananas to play with.

As he walks into the mp-exchange, Joe knows he can't just put up 1000 bananas on the table at once, its too much load and table will break. Another concern is itll quickly attract other gorillas to his motives.

Splitting is plausible but this may be an issue because the quality of bananas deteriorates from time he walks in the morning. He wants to all these bananas exchanged at around the same time. Perhaps another solution is splitting up the bananas in multiple mp-exchanges, to hid his activity and lessen the load.

What would you tell Joe? I only ask you, because your Gorilla lineage :D
Soon all of this will be a long time ago. Be Humble, Be Playful.

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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby LeMercenaire » Sun Sep 27, 2020 10:33 pm

Leoheart wrote:
LeMercenaire wrote:
Leoheart wrote:
Howdie Partner,

Why is friday not a good day to get into a position for a Long Term Trader? Besides the monday open gaps any other reason we should sit out on friday? Be safe friend.


It's just personal preference, buddy. I will trade a morning but just find my focus drifting as the day drifts on.

I guess it goes back to my "other" lives, as the weekend was always pretty much begun through Friday, due to getting gear ready to travel on the Saturday, or whatever.

That attitude just carried over.

As the Big Gorillas will look to settle their positions going into the new week, then there will be moves to play off of for those so inclined, so it's nothing to do with trading conditions for me.


'You don't need to find the Pros, You just need to find what you can and cannot get way with' - A Dear Friend

While we are on the topic of Gorillas and earning bananas for a living, lets run through a scenario.

A up coming gorilla at heart goes to a mom-pop exchange to exchange his bananas for no other reason but to gain more bananas (Oh dear the life we live)

Now at the mom-pop exchange there are Families of gorillas robbing unwary chimps and other gorillas all the time. Our Gorilla, Joe has saved a good amount bananas and looking to double or triple their them in a week or two. He has 1000 bananas to play with.

As he walks into the mp-exchange, Joe knows he can't just put up 1000 bananas on the table at once, its too much load and table will break. Another concern is itll quickly attract other gorillas to his motives.

Splitting is plausible but this may be an issue because the quality of bananas deteriorates from time he walks in the morning. He wants to all these bananas exchanged at around the same time. Perhaps another solution is splitting up the bananas in multiple mp-exchanges, to hid his activity and lessen the load.

What would you tell Joe? I only ask you, because your Gorilla lineage :D


Any single, particular gorilla, will be unwilling - and more importantly, unable - to flood the banana market themselves.

The quiet way to do it is to split the load and specifically what would be done would be to loan the bananas to friends who would then exchange the bananas in a more discrete way and meet up in under a shady tree later to exchange profits...minus commission, of course.

Not sure if this is still entirely, err...legal, lol. Dem roolz is funny, nowadaze. ;)

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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby JESGPY » Mon Sep 28, 2020 12:47 pm

No trading today.

Looking at what can I change to get thinks better.

Hope you Guys are doing good!

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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby pablo101 » Mon Sep 28, 2020 4:34 pm

JESGPY wrote:No trading today.

Looking at what can I change to get thinks better.

Hope you Guys are doing good!


I know that struggle, buddy.

Good luck and come back and share when you've figured it out.
WAS A YALE STUDENT. Now? Let's see!

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