Emotions and analysis are required to be rational? What does "discipline" mean in trading? Even if we know the rules for optimization of a trade, would we use them? I was a little shocked at myself not to mention the rest of you.
Speculations
Best, Islander
How do Traders think?
Started by
Islander
, May 28 2007 12:23 PM
3 replies to this topic
#1
Posted 28 May 2007 - 12:23 PM
#2
Posted 28 May 2007 - 01:49 PM
like any sport
emotions play a role and can completely destroy talent
it's a mental game
emotions play a role and can completely destroy talent
it's a mental game
Emotions and analysis are required to be rational? What does "discipline" mean in trading? Even if we know the rules for optimization of a trade, would we use them? I was a little shocked at myself not to mention the rest of you.
Speculations
Best, Islander
#3
Posted 28 May 2007 - 02:44 PM
Do this BEFORE you read the link above, otherwise the experiment will not work:
Try the experiment:
Watch a video showing college students, some in white T shirts and some in black T-shirts throwing basketballs to each other.
Concentrate on the white T-shirt players and count the number of times they passed the ball to each other.
Watch the video.
Try the experiment:
Watch a video showing college students, some in white T shirts and some in black T-shirts throwing basketballs to each other.
Concentrate on the white T-shirt players and count the number of times they passed the ball to each other.
Watch the video.
Edited by Rogerdodger, 28 May 2007 - 03:03 PM.
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#4
Posted 28 May 2007 - 07:44 PM
Waste of time. Big waste of time.