Psychology... the poll

Does psychology matter in trading?


  • Total voters
    131
Did I say that?

Anger, frustration, blaming others, fear, greed, the need to be right... it's all there.
 
Anyone who thought an individual's mental state had nothing to do with their success at trading needs to take a look at recent threads started by a certain mediterranean trader. It's like a live case study. :D

Hopefully no research deprtment would hire you with an approach like that. For it to be a viable case study, you need someone who knows what he is doing but is hampered by psychology. ;)
 
Psychology is 90% of trading success ,unless trader is a robot.The human with a mind is going to execute the trades.The brain command centre makes all the trading decisions.

The evidence is there on the free internet , there are simple free profitable methods ,systems and techniques , yet 95% fail and dissapear.

If traders don't understand the mind ,how it works subconciously in trading , the traders can not have any plans for the 90% risk of underperformance due to psychology.It is with the mind where traders lose in trading due to emotions ,stress , need to be right , subconcious emotional executions ,mind traps , automatic mind in trading , beliefs in trading , subconcious errors , brain command centre shutdown during trading , brain freezing in trade executions ,the power the thought , negative wiring of human brain and it's performance in trading ,meditation , unreality reading of the real market conditions,cognitive biases in trading decisions , mental traps , benefits of patience and disadvantages of impatient traders , impulsivity , self sabotage in trading executions , stress responses , amygdala hijackings ,personality , ego and other psyche charecteristics.

Those traders who say psychology is unimportant are just useless clueless traders.
 
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Hopefully no research deprtment would hire you with an approach like that. For it to be a viable case study, you need someone who knows what he is doing but is hampered by psychology. ;)

Traders like to pretend they are not affected by psychology , they learn this after their demise.
 
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