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The law of attraction and trading

  • #41
  • Feb 16, 2012 12:43pm Feb 16, 2012 12:43pm
Quoting Favorite
It is very hard to find such a flexible (and at the same time stable enough) system. At least I couldn't find any...
very true, there are not a lot of systems that profit through decades of changing market conditions.
  • #42
  • Feb 16, 2012 4:39pm Feb 16, 2012 4:39pm
I don't understand all those ifs and whens and buts.


I remember my difficult time, and I managed to turn into green numbers by very very simple steps:

1. I realized that you get what you search for if you zoom into timeframes far enough. Everyday there are all occurences that I know have been described.

2. As a trader you do have the luxury to specialize on one single situation, and still you can get it several times each week.

3. The recent past tells you clearly how the balance is. Clearly means, not with a twisted tongue but with complete certainty - if you wait for a strong decision between the forces.

4. It takes enormous strength to have the courage to follow the markets - and I didn't have it until I saw that the big/slow traders get what they want = the slow evolving picture is absolutely logical!

Insight and success
  • #43
  • Feb 16, 2012 6:56pm Feb 16, 2012 6:56pm
  •  duca
  • | Joined Dec 2011 | Status: Investing is simple, but not easy | 409 Posts
attraction to the law-
there is telepathy between minds-
I connect with minds-
Large traders, merkel, hedge fund managers, European politicians, speculators ...
give 1 and get 100
  • #44
  • Feb 16, 2012 7:35pm Feb 16, 2012 7:35pm
Quoting antonsatu
Trading is a skill. it should be trained. Like swimming and other skill. Without proper and enough training is impossible to be a consistent profitable trader.

What should be trained?
You should be training your eye to recognize patterns. The patterns are complex because they involve other humans. Trading based on chart reading is about pattern recognition, and nothing more. And yes, the mind can be trained and "get better" at recognizing the most complex patterns. It is a large part of what the biological brain has been designed for, crucial to our survival and evolution. Granted some minds will be better at it than others, but imo it is mainly a matter of exposure and repetition.
  • #45
  • Feb 16, 2012 8:35pm Feb 16, 2012 8:35pm
Whether you think you can, or think you cannot; you are correct.

It's really just a matter of picking a goal that is believable by you. Some are more confident and optimistic than others, and it shows throughout their lives.

Great topic, I read posts all day on this forum; as I came across this post I was listening to a radio show that just happen to say "Law of Attraction" as my eyes came across the title "The law of attraction and trading".

Of coarse I had to sign up for an account and comment on this topic to point out my synchronicity. That's the other part of the trick, following intuition and pay attention and act to omens/synchronicity. Don't just think it; feel it.

Best of trading to everyone!
  • #46
  • Feb 16, 2012 9:23pm Feb 16, 2012 9:23pm
I agree with applicability of "the law of attraction" in trading. There is immense amounts of psychology involved in trading and this is possible if we positively tap our own back after the good trade and visualize our positive growth. I am completely for the law of attraction in trading.
  • #47
  • Feb 19, 2012 2:51pm Feb 19, 2012 2:51pm
Thanks everybody for contribution.
I've noticed some interesting words in this thread like: certainty, ethics, etc. I would also add emotions.
The law of attraction is basically a specific imaginative thought that will materialize or manifest itself, in more technical words.
This thought has a specific frequency but it's not exact since there is not absolute. I could also say that this thought fluctuates on a gradient scale. All we have to do is to improve this frequency thought.
Ethics are related to discipline but in order to understand ethics we have to relate it to survival since an ethical person will do the greatest survival for all.
A person that doesn't survive well also has a ethics problem that needs handled in order to achieve ability.
We hear around that fear and greed results in failure and as a result to succed we must understand emotions since these influence thought.

Constin
  • #48
  • Edited 5:59pm Feb 28, 2012 5:55pm | Edited 5:59pm
It's amazing how the subconscious mind works. From my definition it is a storage of life experiences and acts like a magnet in the real life. Everywhere we go we carry out a sabotager. At least me. I don't know about you guys.
Now another question that came into my mind. Is the subconscious mind the only causative mind? What about the analytical mind, can it be trained to act in the same manner or we have to clean up the subconscious mind from all the crap and train a new illusionist subconscious mind?
Knowing of a illusion by itself will produce great results but the hard part is knowing it. Just some thoughts...
  • #49
  • Edited Mar 3, 2012 12:06am Mar 2, 2012 7:52pm | Edited Mar 3, 2012 12:06am
I am trying to figure out this slit experiment
Inserted Video
  • #50
  • Mar 2, 2012 11:28pm Mar 2, 2012 11:28pm
LOA is real, it is all about positive thinking and it is a belwether to trading.
  • #51
  • Mar 3, 2012 3:02am Mar 3, 2012 3:02am
Quoting Favorite
Why not? The topic-starter just illustrated the main subject, it was just an example, but if discussing both topics is OK with the topic-starter, then it is OK - he is the boss, he makes the rules here.
Bullshit! Just because someone makes a post it doesn't mean he makes the rules.

Nasir is right, the Law of Attraction has not a thing to to do with reversing trades. It's interesting that so many people have an opinion when they don't know what the hell they're talking about. They just assumed that the two were the same then weighed in with something they pulled out of their ass.

Either the OP is trolling or, more likely, he doesn't know what he's talking about.
  • #52
  • Edited 4:13am Mar 3, 2012 4:03am | Edited 4:13am
Money magnifies what you already are. Have you ever heard of people who "changed" after receiving a large sum of money? Well, the truth is they did not "change". What they already were now had expression and was able to be seen because it was now being magnified with the increase in wealth.

Said all that to say...fears and emotional/psychological weaknesses can also be magnified by money. That is one reason why trading versus other professions is so challenging...all the issues traders face don't surface in those arenas, so we have an easier time being successful in them. Money is connected to almost everything that matters to an individual, and what money represents is also connected. So, in a losing trade, not just money is on the line, but what money represents to the trader; hence the emotional attachments.

As traders we really need to understand the dynamics involved. They're much deeper than the average trader might think...mho. Not sure if it is a law of attraction, but something is going on for sure.

Take care all,

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #53
  • Mar 3, 2012 4:32am Mar 3, 2012 4:32am
Quoting constin
...
Now another question that came into my mind. Is the subconscious mind the only causative mind? What about the analytical mind, can it be trained to act in the same manner or we have to clean up the subconscious mind from all the crap and train a new illusionist subconscious mind? ....
I think the way for analytical mind to be causative, is use it to train subconscious mind.
Hypnosis, may not be a bad tool.
As long as suggestions are congruent with your belief system.
  • #54
  • Mar 3, 2012 11:38am Mar 3, 2012 11:38am
Quoting ALThau
I think the way for analytical mind to be causative, is use it to train subconscious mind.
Hypnosis, may not be a bad tool.
As long as suggestions are congruent with your belief system.
I recently had some good results with positive affirmations. I could not believe that affirmations have so much power. I've took a piece of paper and started to write as many affirmations as I could in "present time" as for example: "I make lots of money" instead of "I will make lots of money", etc. I was astonished by the immediate results. This really overwhelmed the negativism in my subconscious and got more aware of it.
  • #55
  • Mar 3, 2012 11:57am Mar 3, 2012 11:57am
Quoting FX4Newbies
Money magnifies what you already are. Have you ever heard of people who "changed" after receiving a large sum of money? Well, the truth is they did not "change". What they already were now had expression and was able to be seen because it was now being magnified with the increase in wealth.

Said all that to say...fears and emotional/psychological weaknesses can also be magnified by money. That is one reason why trading versus other professions is so challenging...all the issues traders face don't surface in those arenas, so we have an...
"emotional attachments"
  • #56
  • Mar 3, 2012 4:17pm Mar 3, 2012 4:17pm
Quoting constin
"emotional attachments"
That's a biggie and they can come in so many disguises. Gotta stay on the alert at all times.

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #57
  • Mar 4, 2012 12:43am Mar 4, 2012 12:43am
May I ask a question?

How many of you posting on this thread with great insights are actually making profit in forex.
I mean real profit not wasting 300 hrs and only showing 50 dollars which after dividing 300hrs is in cents.
Are you worth cents?

This is important to me-Because I differentiate traders who are dedicated to trading and want to make it as a full time job vs part time hobbyists like weekend painters.
It seems to me lot of noise is made by hobbyists and its hard getting real information from pros.
To me pro is someone who can trade freely and profitably on bare chart alone without any indicators.Because everything one needs is there.If you must have "tools" then you are not complete.
In trading, you have to be defensive and aggressive at the same time
  • #58
  • Mar 4, 2012 1:14am Mar 4, 2012 1:14am
Quoting Davit
May I ask a question?

How many of you posting on this thread with great insights are actually making profit in forex.
I mean real profit not wasting 300 hrs and only showing 50 dollars which after dividing 300hrs is in cents.
Are you worth cents?

This is important to me-Because I differentiate traders who are dedicated to trading and want to make it as a full time job vs part time hobbyists like weekend painters.
It seems to me lot of noise is made by hobbyists and its hard getting real information from pros.
To me pro is someone who can trade...
Don't ask such an annoying question! All the soso traders are doing so much effort to sound smart and wise. Now you come and want them to shut up and get advice from real traders...

haha, now seriously - if only the pros would be allowed to post, then 99% of the posts ever created on this forum would have to be deleted, cause they all come from amateurs trying to sound smart.

If you ask me, all that psychology talk is just random bs and not needed at all for profitable trading. These threads show up so much, cause of the inability of people to trade profitably and of course then they think: "I tried so many systems and have blown so many accounts and still here I am, unprofitable - it must be my psychology that doesn't work quite right."

Sometimes I feel like being in a "self-help forum" for people who can't handle life. The root of the problem is not psychology, it is the laziness of people to do the hard work required to find out what works in the markets and what doesn't.
  • #59
  • Mar 4, 2012 1:32am Mar 4, 2012 1:32am
Quoting Custos
Don't ask such an annoying question! All the soso traders are doing so much effort to sound smart and wise. Now you come and want them to shut up and get advice from real traders...

haha, now seriously - if only the pros would be allowed to post, then 99% of the posts ever created on this forum would have to be deleted, cause they all come from amateurs trying to sound smart.

If you ask me, all that psychology talk is just random bs and not needed at all for profitable trading. These threads show up so much, cause of the inability of people...
Good post.
I don't pretend to be a trader-far from it.I am a student trader however I am not new to speculation.
I sport gambled 5yrs until my bookie got jailed and I called quits-it was not worth anymore.
I suffered real pain,lowest of low depression,you name it, I felt total euphoria to suicidal.
After quitting I realized gambling changed me.It made me tougher,hard and street shrewd.
When I look at charts I see people.Candle flickering-indecision.In short I want to make it.
One advise from a rookie.Learn to play chess and play regularly.Your mind needs exercise as much as your body.Chess teaches tactics,thoughtful moves,daring,sacrifice and above all MATE!the winning move!The winning trade.
If you are getting older playing chess sharpens your memory and brain.I play on yahoo every night to late hours.That's how I relax.
In trading, you have to be defensive and aggressive at the same time
  • #60
  • Mar 4, 2012 4:00am Mar 4, 2012 4:00am
Quoting Custos
....all that psychology talk is just random bs and not needed at all for profitable trading...
Shows how little you actually know what trading is.

B. Schaefermeier, one of the most successful discretionary traders - "Trading is 100% psychology". Must be talking some bs as well..
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