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This game is all mental


Discussion in Psychology and Money Management

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Blash's Avatar
 Blash 
Chicago, IL
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MacroNinja View Post
Bottom line, I think the more you are able to remove psychology and focus on the data that gives you the green/red light for a trade, then the quicker you'll hit consistency.

I'm sorry but this just strikes me as dead wrong. Yes I am not consistently profitable YET but I will be soon. I say that because I am open to the fact that just maybe I have it all wrong. But, that being said I'm not quite sure Denise Shull would agree with this statement. Or Robert Koppel, Mark Douglas, Jason Voss and Ravee Mehta.

I can only imagine the only way to remove psychology from the equation in trading or anything is to die. Sorry to be blunt. Even automated systems have psychology that effects them because the creator or operator turns it on and off as they see fit.

Market Mind Games: A Radical Psychology of Investing, Trading and Risk: Denise Shull: 9780071756228: Amazon.com: Books

Amazon.com: Investing and the Irrational Mind: Rethink Risk, Outwit Optimism, and Seize Opportunities Others Miss (9780071753371): Robert Koppel: Books

Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude: Mark Douglas: 9780735201446: Amazon.com: Books

The Intuitive Investor: A radical guide for manifesting wealth: Jason Apollo Voss: 9781590792063: Amazon.com: Books

The Emotionally Intelligent Investor: How self-awareness, empathy and intuition drive performance: Ravee Mehta: 9780615688329: Amazon.com: Books


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