Pathetisch

Toch mee opletten ... want je krijgt daardoor attributie fouten (alom tegenwoordig in de financiële industrie).

Een voorbeeld van het idee:
- ik draai mijn yoghurt links
- als het regent ga ik op mijn rechterbeen staan
- mijn erwtjes eet ik altijd in even aantallen
- ik koop ook willekeurig aandelen
- wat stijgt koop ik bij en wat daalt verkoop ik

de mooie rendementen die gehaald worden doen me besluiten dat wat ik doe werkt ... dus ik blijf alle bovenstaande zaken doen

ik denk dat je wel begrijpt waar ik naar toe wil (whatever works for you may be not what works for you - toeval versus voorspelbaarheid komt hier terug op de proppen)

dve845 Schreef:
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> (whatever works for you may be not what works for you
--- Ik begrijp wat je wil zeggen, maar ik ga er wel van uit dat iemand een systeem of strategie samenstelt met voldoende kennis van zaken.
Ik stel voorop dat vooraleer iemand zegt "Dit werkt voor mij!", dat hij zijn systeem eerst voldoende uitgetest heeft, in verschillende marktsituaties en gedurende langere tijd en eventueel met verschillende parameters. Als iemand een bepaald systeem voldoende lang uittest en de resultaten bevallen hem/haar, dan 'werkt dat systeem' voor hem/haar...
Vooral de aspecten tijd en marktsituatie zijn belangrijk. Ik heb ooit verschillende systemen uitgetest die een bepaalde tijd lang hele mooie resultaten gaven, maar dan gebeurde er 'iets' in de markt en opeens werkte het niet meer ...

ik volg je

toch biedt een werkend systeem nooit de garantie van een 'minimaal' werkend systeem te zijn

zelfs grote mannen zoals Buffett lijken het belang van analyse schromelijk te overschatten ten nadele van positon sizing (wat ze dan onderschatten) in de bijdrage tot succes van hun 'systeem' ... simpel gezegd: Buffett is stinkend rijk geworden door z'n winnaars agressief bij te kopen en niet te spreiden, terwijl hij z'n verliezers zo snel van de hand doet dat de media ze zelfs nooit leert kennen (ze denken zelfs dat hij er geen heeft)

DasKonzept Schreef:
> Je komt wat tegen in trader filmpjes.

Write down two numbers. Write down your exit numbers: price target & stoploss. Write them down on paper when you trade. Because it is written down on paper it's easier to have the discipline to follow it.
If it is in your head, it is adjustable!

DasKonzept
[Terrorized into Being Consumer]

DasKonzept Schreef:
> Je komt wat tegen in trader filmpjes.

"The market is choppy" can never be the reason why your trades don't work.
They that are saying "the market is choppy" they are losers in trading.
There's always something to trade. The market is never choppy. That's the fact ... !?

DasKonzept
[Terrorized into Being Consumer]

DasKonzept Schreef:
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> "The market is choppy" can never be the reason why your trades don't work.
---- Hier kan ik me wel enigszins in vinden.
'Choppy' is een concept (net zoals 'trend') dat nietszeggend is zonder dat je het beschouwde timeframe erbij vermeld.
Een bepaalde grafiek kan choppy zijn bvb. op het dagelijkse timeframe, maar heel 'smooth' op de wekelijkse, maandelijkse of uren/minuten time frame.
Of je op die smooth timeframes kunt en/of wilt traden is een andere zaak natuurlijk.

DasKonzept Schreef:
> Je komt wat tegen in trader filmpjes.

Build up that account but also your mentality changes when you get a few winners in a row.

It takes a few weeks to build a habit. If you're making 100 bucks a day and you grinding it out and you're increasing your account, you start a winning streak. And winners always developing good habits, good mentality, you have a feel-good and it's gonna roll over ...

Once you're a winner you are winning. Starting yourself up on that right foot and slowly building up is getting put a winning mindset in your head too. Because once you get used to winning that is what you expect to do.

Especially when you had a couple losses, gambled a little bit ... Fear sets in, that desperation sets in, that winning mentality, that steady mentality is gone.

Just take small things every day to get that big result.
The bigger results will come from just doing the small things good every single day and than over time it's gonna work out.

If you just try to get a quick rich type of thing that's not gonna work. That's not sustainable. The more risk you take, the more wild you get, the more prone, the more exposed you are to blowing up !

DasKonzept
[Terrorized into Being Consumer]

Pathetisch ... de speculatietaks.

mvg
cure

Don't be a sucker
Hi,

I was recently coaching a new trader, let’s call him Joe, who had come to me after sustaining a number of large losses.
He was fairly new to trading but had taken a modest account and grown it to a respectable sized account in a short amount of time.

Unfortunately as the story usually goes - easy come easy go.

As Joe and I started working together it was pretty clear that Joe had lost his way and more importantly he had lost his trading mojo.

“Before I lost all that money I had no fear in my trading - now it’s like I’m scared - it’s like i’m scared to pull the trigger.

What do I need to do to so that I can trade the same way I did when i first started out.“

So why do I share this story?

When I talk to traders there’s a great deal of misunderstanding around the emotional state of fear.

Here’s the thing - the way forward is rarely if ever backwards.

Most beginning traders start their trading careers with no fear.

In some paradoxical way, the state of mind of the beginner may be very close to that of a great professional trader.

Of course there is a huge difference in that beginners have no fear because they are unaware of the potential disastrous consequences of their actions.

The professionals’ lack of fear is based on their experience and self-control.

New traders have their hard hits ahead of them, while professionals have left them behind.

Professionals take the trade when they are comfortable with the risk and when it fits their trade plan, while beginners do it when they like the profit potential.

Regardless of motives, the state of the mind of beginners and professionals may be fairly similar.

This results in the correct action despite the beginners’ lack of experience and knowledge.

However herein lies the lesson - success without the knowledge of why or how it is achieved only delays learning some hard lessons and realities, and sometimes it takes hitting rock bottom before the beginner appreciates the true path towards trading success.

So here’s an exercise to shift your thinking from beginner to professional.

Define SUCKER

Here are some characteristics of a sucker:

Suckers think they can figure it all out themselves and outsmart the market.
Suckers are always looking for hot tips.
Suckers think there are secret systems and indicators.
Suckers think they can avoid losses.
Suckers overtrade
Suckers don’t apply stops because they know they are going to be right.

Now it’s your turn:

Write down all the traits of a sucker.
Do you spot any of these traits in yourself?
Turn it around, where and what do you need to develop to shift from being a sucker?
Review your sucker traits on a regular basis.
Try out this exercise...

Uw Optiecoach :
contribute - be aware - have pleasure - say “yes”

DasKonzept Schreef:
> Je komt wat tegen in trader filmpjes.

Trading is just a rule based system. That's something that you have to control.
Your trading skills is the one thing you can control !

Sticking to your risk, sizing your position and try to go for that big home run.
Those are the things that you can control. It's hard to control but that is totally up to you. And that's what we love about trading ... !?

DasKonzept
[Terrorized into Being Consumer]

DasKonzept Schreef:
> Je komt wat tegen in trader filmpjes.

Trading is the greatest game on earth. There is no politics involved. It doesn't matter who you are. It doesn't matter who you know.
You not kiss anybody's ass ... except your own ... !?

DasKonzept
[Terrorized into Being Consumer]

DasKonzept Schreef:
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> Trading is the greatest game on earth. There is no
> politics involved. It doesn't matter who you are.
> It doesn't matter who you know.
> You not kiss anybody's ass ... except your own ...
---- Awel, hier ben ik het mee eens!
De enige die een trader stokken in de wielen kan steken is ... hijzelf en .. de fiscus ...

DasKonzept Schreef:
> Je komt wat tegen in trader filmpjes. En geschriften ...

Emotional and mindless trading are big reasons why most traders lose and wash out of the markets. But there is another. Markets are actually set up so that most traders must lose money. The trading industry slowly kills traders with commissions and slippage ... !?

Generations of traders keep washing out. Markets need a fresh supply of losers. Losers bring money into the markets, which is necessary for the prosperity of the trading industry.

DasKonzept
[Terrorized into Being Consumer]

DasKonzept Schreef:
> Je komt wat tegen in trader filmpjes.

Automated hard stops can sometimes not work. If you got a guaranteed stop, you probably can be allright.
It is always better, if you can, sitting there at your desk, to use alerts and to use 'your own' mental stop.

If you set an automated stop, you may sometimes when you're approaching that stop, and I've done this before, when you're approaching that stop, you might actually cancel it. Because you think you've set it to tight. You think you got more to go, you think the markets got more to go and you cancel it. At that point psychologically you've made a decision, you've committed that you think the market's gonna keep going in a certain way. You just relying on your own psychology.

If you're relying on your own mental stops you more likely gonna stick to it !

DasKonzept
[Terrorized into Being Consumer]

DasKonzept Schreef:
> Je komt wat tegen in trader filmpjes.

It is hard enough to know what the market is going to do; if you don’t know what you are going to do, the game is lost.
Many traders with good trading systems wash out because psychologically they are not prepared to win.

DasKonzept
[Terrorized into Being Consumer]

DasKonzept Schreef:
> Je komt wat tegen in trader filmpjes.

I bought hundred of trading books and I learned nothing. They are so abstract. Like hey, look at these concepts ... The concepts don't actualy tell you how to make money.
You have to boil trading down into things like a recipe. You have a cookbook to bake a cake. How does it work? There's 20 specific steps. If you screw one of them. What happens ... your cake's f*cked and don't taste good !

Trading is very simular.
In trading there is a lot of different recipes. There is not just one. A lot of different ones for different circumstances. But every single one has to be right.
If you're missing even one of them or one of them is in question; what happens is ... Your cake is messed up !

We are trading against and playing against the smartest people in the history of the world ... You don't have any room for errors ... You have that very specific sequences of things that you do, including your thought processes

You realy know a lot about stocks but you know nothing about trading !
Trading is a rule based system ... !?

DasKonzept
[Terrorized into Being Consumer]

Zo te horen is dat waarschijnlijk een bakker die 'na zijn uren' wat probeert bij te verdienen door 'tradingstuff' te verkopen ...

DasKonzept Schreef:
> Je komt wat tegen in trader filmpjes.

Waarom zou een financieel ingenieur vier keer meer betaald moeten worden, tot honderd keer meer dan een echte ingenieur?
Een echte ingenieur bouwt bruggen, een financieel ingenieur bouwt dromen. En als die dromen nachtmerries blijken te zijn betalen andere mensen ervoor.

Decennia lang was het Amerikaanse financiële systeem stabiel en veilig. Maar toen veranderde er iets.
De financiële sector keerde de samenleving de rug toe, corrumpeerde onze politieke systemen, en dompelden de wereld in een economische crisis ... !?

DasKonzept
[Terrorized into Being Consumer]

DasKonzept Schreef:
> Je komt wat tegen in trader filmpjes.

Seldom look at charts !

While trading just look at numbers. Trade by numbers only. Look at oscillators, don't look at stock charts. Just staring at numbers.
Look at the whole New York Stock Exchange, all those screens, how many charts do you see?
Where are the charts? Kind of blows your mind, doesn't it?

We buy books, we read the stuff. We can't all be dependent on our charting. We follow workshops and the first thing the guru asks you to do is to look at charts ... and 'everything is on your chart'.
Hoping to buy something that the charts tell them could make money based on something that has already happened. That's what charting is about ...

Don't trade by chance they are looking at the numbers to tell them what is going to happen. The charts only tell you what already has happened ... !?

DasKonzept
[Terrorized into Being Consumer]