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Are Traders Programmed to Fail?

  • #81
  • Sep 15, 2011 12:28pm Sep 15, 2011 12:28pm
Quoting doctortyby
I asked about FREEDOM, and not about bank accounts, or about investment money and personal finances details.
Too bad that you don't understand what "privacy" and "private matters" mean...

And you did ask: "How much money do You need to sustain your living comfort and needs for the rest of your life, if you stop working from tommorow?"

Do you really think it is NOT discussing personal finance?

Quoting doctortyby
If MONEY LIKES SILENCE, it means MONEY USES YOU, not that YOU use the money... and then You cand have as much money as you can get and You will never be happy or free.
And it is just your opinion which contradicts the century's proved wisdom.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #82
  • Sep 15, 2011 12:38pm Sep 15, 2011 12:38pm
Quoting Favorite
Doctortyby, have you noticed: the moderators moved your thread from "Trading Discussions" into "Commercial Forum"... That means a lot.

Quoting doctortyby
And I think that "commercial" comes from "commerce" which involves selling, trading or an exchange of an merchandise. Am I selling a product without knowing it?...
doctortyby, do you really don't understand? I don't think so!

And I can tell you: our moderators are very good at this!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #83
  • Sep 15, 2011 12:45pm Sep 15, 2011 12:45pm
Quoting doctortyby
It's just Your opinion Favorite. And I clearly understood Your opinion from Your previous posts.
In other words you want me to shut up and leave your thread alone?

But you see, doctortyby, as long as you say something to me personally, I have to answer to you, I don't want to be unpolite.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #84
  • Sep 15, 2011 12:55pm Sep 15, 2011 12:55pm
Quoting doctortyby
Seems that Traders are indeed "Mentally Programmed to fail", and to be SELFISH with sharing knowledge and experience with another... Selfishness denotes an excessive or exclusive concern with oneself, and as such it exceeds mere self interest or self concern.
So, if the experienced traders don't want to support your NLP mumbo jumbo, they are selfish?

There are dozens traders who maintain excellent FF threads and help others, people appreciate their work and their excellent trading systems.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #85
  • Edited 2:50am Sep 16, 2011 2:31am | Edited 2:50am
Seams that most traders have a GREAT EGO.
That is the "quality" that makes them the most vulnerable.

When I talk about Psychology, I don't reffer to "the old way", boring science thought in psychology schools and Universities. From my perspective the Entire Educational System thought in schools is WRONG. Maybe that's why I am very misunderstood by the most of You Guys.

People always tend to develop the same behaviour when they confront to something NEW, that they haven't heard of, or don't know anything (or too little) about.

“First they ignore you, then they laugh at you, then they fight you, then you win.” GANDHI

I love Trading, I love my life, I love thinking "too much"... I love little things in life, but little things can never upset me.

Doctortyby
  • #86
  • Edited 11:51am Sep 16, 2011 11:20am | Edited 11:51am
Quoting doctortyby
Seams that most traders have a GREAT EGO.
That is the "quality" that makes them the most vulnerable.

When I talk about Psychology, I don't reffer to "the old way", boring science thought in psychology schools and Universities. From my perspective the Entire Educational System thought in schools is WRONG. Maybe that's why I am very misunderstood by the most of You Guys.

People always tend to develop the same behaviour when they confront to something NEW, that they haven't heard of, or don't know anything (or too little) about.

“First...
Speaking about a GREAT EGO...

Well, our good Doctor got angry because nobody supports his NLP mumbo jumbo.

And since he got very upset and very angry, he forgot what he said before:

Quoting doctortyby
I personally can tell if someone Knows a little psychology, emotional inteligence and leadership... after a few simple signs of their behaviour:

- When they speak of a certain subject they state their own opinion, with their own arguments, even if they reffer as a start point to their addressees.
- They never criticize their opponents, or their opponents views and statements. They never atack other persons. I believe you cannot have a point just by criticizing the other one's point.
- It's easy to see how a person releases his anger, or frustration,...
He forgot what he said before and started criticizing us.

Our good Doctor is so angry and upset, he gave us a very bad diagnosis: we're not only programmed to fail, we're not only selfish, but we also have a great ego...

That's really funny. The guy is 28 years old, he says that he trades less than a year, he lives in the poorest European country (Romania), his English is so bad that it isn't even funny (inteligence, reffer, atack, realising, "thought" instead of "taught", etc.) and yet he comes here and says that we all are programmed to fail, that we all are selfish, that we all have a great ego, that the entire educational system is wrong.

Everybody is wrong, everything is wrong, only our good Doctor is always right, and he came here to teach us and make us healthy, wealthy and happy, but we're idiots, so he doesn't want to save us anymore. And then he compares himself to Mahatma Gandhi...

Speaking about a GREAT EGO...

P.S. Doctor, unlike you I'm not angry, you're just amusing me.

P.P.S. Doctor, I posted this message and then I noticed that the moderators sent your NLP-links' post to the Recycle Bin. My condolences... But they also made you "a commercial member". Congratulations!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #87
  • Sep 16, 2011 1:07pm Sep 16, 2011 1:07pm
Quoting Favorite
Speaking about a GREAT EGO...

Well, our good Doctor got angry because nobody supports his NLP mumbo jumbo.

And since he got very upset and very angry, he forgot what he said before:



He forgot what he said before and started criticizing us.

Our good Doctor is so angry and upset, he gave us a very bad diagnosis: we're not only programmed to fail, we're not only selfish, but we also have a great ego...

That's really funny. The guy is 28 years old, he says that he trades less than a year, he lives in the poorest European country (Romania),...
The Links were not to something I own... They were some videos I found on the internet, on Youtube. I tought they were interesting and I wanted to share them with You guys.

Thank you for all the interest in my thread and my person, favorite...I don't know if I should be glad or not that You have such a rising interest for this matter... too bad you are not commenting with someting other than criticize... If you would have given some comments with more substance maybe we would have had a constructive discution...
Please stop interpretating wrong everything I write on this thread... Not everything I say is ment for You. And I never meant to attack You, or somebody else... not for a second.

I wonder who made all the complaints against me to the moderators?! )

PS: I'm not actually a Doctor I'm an economist, and surely I am not "commercial"

Doctortyby
  • #88
  • Sep 16, 2011 2:21pm Sep 16, 2011 2:21pm
one thing is sure about this thread.... favorite out psyched the person to teach us psych

but anyway........ i never thought of NLP in my trading i answered your questions so where will you take it from there?

constructive discussions are important to learn new ideas.
i maintain my position, profitable system needs to be in place in order to TRUST that system. not the other way around
AVT INVENIAM VIAM AVT FACIAM
  • #89
  • Sep 16, 2011 3:13pm Sep 16, 2011 3:13pm
Quoting the redlion
one thing is sure about this thread.... favorite out psyched the person to teach us psych


Oh, this redlion, this selfish, egocentric, egotistical, loser-preprogrammed bastard!

Yes, I out psyched the person to teach us psych! I'm very proud of myself!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #90
  • Sep 16, 2011 3:38pm Sep 16, 2011 3:38pm
Quoting doctortyby
Please stop interpretating wrong everything I write on this thread... Not everything I say is ment for You.
Yes, I know that not everything you say is meant for me. But when you say something to all the thread-readers, it is meant for all of us including me. I'm sorry, but it works THIS way here.


Quoting doctortyby
I wonder who made all the complaints against me to the moderators?!
There are a lot of busybodies here. Those selfish, egocentric, egotistical, loser-preprogrammed bastards!

Quoting doctortyby
I'm not actually a Doctor
Good, we don't need Doctors/shrinks!

Quoting doctortyby
Thank you for all the interest in my thread and my person, favorite...I don't know if I should be glad or not that You have such a rising interest for this matter... too bad you are not commenting with someting other than criticize... If you would have given some comments with more substance maybe we would have had a constructive discution...
doctortyby, you should be glad that I participate, thanks to me people read your thread, you should be grateful.

Quoting doctortyby
Thank you for all the interest in my thread and my person, favorite...I don't know if I should be glad or not that You have such a rising interest for this matter... too bad you are not commenting with someting other than criticize... If you would have given some comments with more substance maybe we would have had a constructive discution...
doctortyby, here is a constructive proposition: explain how NLP helped you (you personally) to improve your trading. Something like this: before Doctor started to use NLP he was making 2% per month, after Doctor mastered NLP he started making 10% per month. See what I mean? People want you to be specific, and if you don't show them your results they don't want to hear the NLP mumbo jumbo.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #91
  • Sep 17, 2011 2:19pm Sep 17, 2011 2:19pm
Quoting Favorite
Everybody is wrong, everything is wrong, only our good Doctor is always right, and he came here to teach us and make us healthy, wealthy and happy, but we're idiots, so he doesn't want to save us anymore. And then he compares himself to Mahatma Gandhi...
The feeling I get from doctortyby's words is that he's sitting at an oak desk, wearing a smoking jacket, stroking a pointed beard with his nose slightly up in the air, feeling superior and imagining himself so smart. A true legend in his own mind.
  • #92
  • Sep 17, 2011 3:34pm Sep 17, 2011 3:34pm
Quoting Rob Mondave
The feeling I get from doctortyby's words is that he's sitting at an oak desk, wearing a smoking jacket, stroking a pointed beard with his nose slightly up in the air, feeling superior and imagining himself so smart. A true legend in his own mind.
That's a good one!

Rob Mondave, yesterday The Redlion and I tried to be constructive:

Quoting the redlion
I answered your questions so where will you take it from there?
Quoting Favorite
doctortyby, here is a constructive proposition: explain how NLP helped you (you personally) to improve your trading. Something like this: before Doctor started to use NLP he was making 2% per month, after Doctor mastered NLP he started making 10% per month. See what I mean? People want you to be specific, and if you don't show them your results they don't want to hear the NLP mumbo jumbo.
But we're still waiting for the good Doctor's answers. And I know that doctortyby was here today and saw our posts.

Obviously, feeling superior and talking mumbo jumbo is much easier than being a good trader and showing some real results...
Gentlemen always play by the rules. If they can't, they change the rules.
  • #93
  • Edited Sep 18, 2011 2:25am Sep 17, 2011 3:53pm | Edited Sep 18, 2011 2:25am
IMO discipline can come only from having 100% confidence that your trading approach is long-term profitable, and confidence can come only from experience: ideally having several hundred trades behind you, over many years of changing markets. Profitable trading is not learned overnight.

An understanding of statistical fluctuation is helpful. Suppose you suddenly have an unexpected sequence of losses. You need to somehow know whether this is likely to be a temporary aberration; or whether your method is in need of review, and possible overhaul. Only a large dose of experience can tell you this.

My guess is that it's the lack of a proven profitable trading method that causes folk to make emotionally-based trading decisions (especially with their exits), and consequently they see fear and greed are their #1 enemy; when the reality is that this is masking their lack of understanding of market behavior, and the fact that their trading method amounts to little more than ineffectual guesswork. If so, then focusing on psychology is an easy cop out, and a way of avoiding the crux of the problem....... except for the authors, psychologists and coaches who make $$$ from their books and workshops, LOL.

Heck, if exits are your Achilles heel, simply use automation (TP, trailing stop, and/or an EA) to manage your trades, and walk away from the computer. Most other psychological 'problems' can likewise easily be solved by applying some candid self-honesty and common sense.

The only other thing I'd add is that people can sabotage their trading by overleveraging themselves emotionally. If trading full lots makes you sweat bullets, then move down to minilots; find your pain threshold, and stay well within it. Know your worst-case risk before you enter a trade; if you're not comfortable, then either downsize accordingly, or don't take the trade. As the saying goes: "scared money never wins".

You can make trading psychology as simple or as complex as you want to. But don't fool yourself: only when you've proven to yourself that you have a method that delivers a real edge should you start to look at emotions as the primary cause of any trading failure. If you don't know how to trade profitably, then no amount of discipline, positive thinking or NLP is going to suddenly make you a winner.
  • #94
  • Edited 5:18pm Sep 17, 2011 5:06pm | Edited 5:18pm
Quoting hanover
IMO discipline can come only from having 100% confidence that your trading approach is long-term profitable, and confidence can come only from experience: ideally having several hundred trades behind you, over many years of changing markets. Profitable trading is not learned overnight...
Agreed, you just have to figure out what works in the market. Focusing on improving psychology distracts you from focusing on learning when to buy and when to sell. Once you figure out something that makes sense to you and you stick with it, your confidence comes by itself. The rest is mumbo jumbo, as someone else said. Keep it simple keep it simple keep it simple.
  • #95
  • Sep 17, 2011 7:34pm Sep 17, 2011 7:34pm
Quoting hanover
IMO discipline can come only from having 100% confidence that your trading approach is long-term profitable, and confidence can come only from experience: ideally having several hundred trades behind you, over many years of changing markets. Profitable trading is not learned overnight.

An understanding of statistical fluctuation is helpful. Suppose you suddenly have an unexpectedly high number of losses. You need to somehow know whether this is likely to be a temporary aberration; or whether your method is in need of review, and possible overhaul....
that is what i have been trying to say

except not as eloquent as hanover, but that nails it!

insecurity in one's ability creates the fear, uncertainty factor.
not focusing on our VAR is what causes people to be caught with their pants down taking it in the .....

AVT INVENIAM VIAM AVT FACIAM
  • #96
  • Sep 18, 2011 3:49am Sep 18, 2011 3:49am
who says NLP is about 'trading profitably'? some of you are just too clever for your own fucking good, and it serves you right. wank wank wank.
Congratulations ScalaFX for coming out of the closet!
  • #97
  • Sep 18, 2011 10:43am Sep 18, 2011 10:43am
Quoting nubcake
who says NLP is about 'trading profitably'?
Our good Doctor says so! At least he suggested to use NLP in order to become profitable. In posts #1 and #14 he says that the traders make bad trading decisions because they are "pre-programmed" to be losers. And after that he gave some NLP-links that were supposed to help traders to become profitable (nubcake, as far as I understand you haven't seen this post, our moderators sent this post to the Recycle Bin).

Quoting nubcake
some of you are just too clever for your own fucking good, and it serves you right.
No, we're not too clever, we're just smart!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #98
  • Sep 18, 2011 11:01am Sep 18, 2011 11:01am
Quoting doctortyby
The GREATEST LIE is the one that containes HALF TRUTH...

Have You ever wondered why so many time you follow your Fundamental and Technical Analysis, see an opportunity, but you are not able to make the order to enter the market , loosing the momentum... and after that you enter a trade in a much weaker setup, make the order, and the market turns against you?...

Well... YOU ARE MENTALY and EMOTIONALY PROGRAMMED TO MAKE THOSE WEAKER ORDERS FROM YOUR TRADING EDUCATION... EMOTIONS SHOULD BE COMPLETELY REMOVED FROM YOUR TRADING...
Doctor,

No one is programmed to fail or succeed unless one programs themselves to. If you programmed yourself to fail, you always have a chance to reprogram your system for success, no? For me, i believe in life, with every success and failure, it is you the cause. You don't get a girlfriend with the greatest girl in the worldd? Your fault. You dont get profit in a trade? Your fault. You win a trade? Your fault. You and the best girl fall in love, and raise a family, and have what u consider an awesome relationship. Your fault

Just remember to succeed or fail, thats within YOUR boundaries, your levels. You decide what is success, and what is failure, and apply this principle in life, and you will truly realize how success and failure work..

All the best my friend
Have I got something on my face, SOLDIER?
  • #99
  • Sep 18, 2011 11:09am Sep 18, 2011 11:09am
Quoting doctortyby
The GREATEST LIE is the one that containes HALF TRUTH...

Have You ever wondered why so many time you follow your Fundamental and Technical Analysis, see an opportunity, but you are not able to make the order to enter the market , loosing the momentum... and after that you enter a trade in a much weaker setup, make the order, and the market turns against you?...

Well... YOU ARE MENTALY and EMOTIONALY PROGRAMMED TO MAKE THOSE WEAKER ORDERS FROM YOUR TRADING EDUCATION... EMOTIONS SHOULD BE COMPLETELY REMOVED FROM YOUR TRADING...
Quoting doctortyby
Hello Coda,

I've written this article: "Are Retail Traders Programmed to Lose from the Start!", and I've posted this article on an Article Contest on another site.
If the subject has any meaning to you or another trader, you read it and you like it or not. You are free to reply or not.
This article is a protest of mine against the poor and false mental education for financial traders when they begin to learn...
Hello traders,

This Thread IS NOT ABOUT ME, MY EXPERIENCE OR MY TRADING SYSTEMS.
I've studied and used Mental Programming long before I've started trading... so... trading is a part of my mental road to freedom and not "Vice Versa"

Quoting doctortyby
Hello Traders,

I've Tried it All: employee, self-employed, entrepreneurship, investing for profit (real-estate, financial), non-profit team work... And from every little aspect of my professional past I've learned something about people and money, and I've Become an Open-Minded FREE Human Beeing, who tries to obtain Mental and Spiritual fulfilment, Through Other People FREEDOM Leadership.
I've been trading for about 1 Year in Forex Market, Commodities and Stock Indices, although I have followed the Stock Market and Foreign Exchange...
This Thread is about 3 questions... the 3 questions from the first post...
Please do not expect me to answer them for You...
Take responsability for Your own actions and decisions...
This thread is NOT about a NLP "profitable system", it is about using NLP against you as a trader through education.

And YES, I am protesting against the OLD EDUCATIONAL SYSTEM... all of it...
I do not want to prove anything about myself or my trading.

To Your success,
Doctortyby
  • #100
  • Sep 18, 2011 11:15am Sep 18, 2011 11:15am
Guys,

I see a lot of anger and frustration in some posts on this thread.

Please use an RESPECTFUL LANGUAGE, IN ORDER TO HAVE A DECENT CONVERSATION, to actually learn something from it.

This thread is helping me answer some important questions about myself and YOU. I hope You can gain some valuable knowledge from it as well.

It is very important to keep being polite in our disscutions.

Respect,
Doctortyby
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