Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle” - Sun Tzu
I would add to that, if you know the enemy, but not yourself...
“One may know how to conquer without being able to do it. ” - Sun Tzu
And that is most likely related to the knowing yourself part.
I do feel I know myself very well, have put more thought and effort into that knowledge than woiuld be considerd common, or even normal. And yet still, there is always some version of me that I am missing, some subconscious direction that is guiding the things that are more apparent.
I am starting to find a place in me that responds to being "right" or "wrong", that has a weird hold on my approach to trading. In the book, Psycho-Cybernetics, I recall discussion of the brain's self-guiding mechanism, like a guided missle, that constantly makes corrections based on feedback. The entire process could be viewed as a series of mistakes that ultimately leads to success. I tend to gravitate towards being "right" as an indication that I am headed the right direction, but have started to touch on a part of that that is not conducive to the direction I want to go in trading. In theory, I would prefer to be wrong more often.
I brought my laptop to bed tonight. Not that unusual. But it is for the past few months.
Logged into futures.io (formerly BMT), had something "great" to document. As if the pursuit of phenomenal trading were, itself, the holy grail.
To me, documenting the inner conversations reveals a lot. Markets do what they do. The incredible majority of those who study the markets, fail miserably. We all show up to the same movement. And, profit is not best served engineered.
So, if it can be theorectically agreed that human intuition could play a huge role in the last few calculations that end in the top few %...
It is cold tonight in Florida. "Freeze Warnings" on the local news. My "pack" moved from the living room to the bedroom tonight, the three of us are addicted to body heat when it gets below 50 degress outside. My dog tried to snuggle my laptop off my lap and into the floor. And in enjoying that moment, I forgot what I was going to say here.