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  • #61
  • Apr 26, 2016 7:07am Apr 26, 2016 7:07am
Quoting dancingphil
You've also made a number of excellent points Copernicus! It was maybe 35-40 years ago that I came to conclude the human world is mostly insane. That rather than seeing the world thru (my) almost totally-logical eyes, that most people are 85% emotional, and only 15% logical. I came to this conclusion based on the massive belief in Gods in the world, and the fights these masses have arguing their God is better than the other person's God, etc. If there really was a God, he'd be seriously pissed at the infighting between the different religious FRANCHISES....
Hi Phil

I am in the throws of Psychology study as i have finally accepted its importance (only 4+ years into forex!! and I am a later developer), you present some interesting points and i have just googled EQ testing and completed one of the free ones just to see. Based on this I have work to do but I am interested if you could share who you use for the EQ testing, I would prefer to go on recommendation based on your 20years of use rather than let Mr Google push its highest payee to the fore.

Thanks in advance
  • #62
  • Apr 26, 2016 8:35am Apr 26, 2016 8:35am
I have always used http://www.keirsey.com/sorter/register.aspx which is most of the time free; but also sometimes only gives you the result for which main group of 4 types you are in, rather than revealing down to which of the 4 sub-types you are in. They've been around for decades.

Hope that helps.

Quoting TradeFinder
{quote} Hi Phil I am in the throws of Psychology study as i have finally accepted its importance (only 4+ years into forex!! and I am a later developer), you present some interesting points and i have just googled EQ testing and completed one of the free ones just to see. Based on this I have work to do but I am interested if you could share who you use for the EQ testing, I would prefer to go on recommendation based on your 20years of use rather than let Mr Google push its highest payee to the fore. Thanks in advance
  • #63
  • Apr 26, 2016 8:57am Apr 26, 2016 8:57am
Quoting dancingphil
I have always used http://www.keirsey.com/sorter/register.aspx which is most of the time free; but also sometimes only gives you the result for which main group of 4 types you are in, rather than revealing down to which of the 4 sub-types you are in. They've been around for decades. Hope that helps. {quote}
Thank you
  • #64
  • Apr 26, 2016 9:04am Apr 26, 2016 9:04am
Quoting dancingphil
It was maybe 35-40 years ago that I came to conclude the human world is mostly insane.
I hear you..... LOL :-)

Quoting dancingphil
Yet almost NO ONE begins this journey at all; and this fact is what holds back so many would-be traders from their potential. And the self-knowing has benefits that extend far further than just our Forex trading prowess. {quote}
Totally agree. It's a skill that particularly in Western philosophy hardly ever gets a mention.

Nice chatting.
  • #65
  • Apr 26, 2016 9:15am Apr 26, 2016 9:15am
Quoting hanover
I see where you're coming from. I believe that you've thought this through more deeply than I have. Please excuse me if I tire of this kind of discussion quickly. I apologize, as I was the person who started it.
Well, I don't want to trespass if this is burdensome to you. I do appreciate the genuine discussion.
Quote
I've read many of your posts, and you've helped me (and no doubt many others) to see some different angles; I'm grateful for that. Many thanks.
Thanks. You're being too kind. To give credit where it is due, most of the major concepts I talked about were inspired by Ed's writing.
Quoting Copernicus
See A....FF is worth it after all. What a great post (including the follow-ups) and thanks for sharing.
lol, glad to feel appreciated.
Quote
What this rams home to me is that the only way to detach yourself from the conflict that may exist between the CM and the SCM is to simply focus on the process of trading...... ergo by trading in a systematic fashion. Choose a system that empirically displays an edge (not a subjective edge) and simply trade the process. That way you avoid the associated maelstrom of the mind and the inevitable biases and traps that can only be soundly evaluated through intensive and detached critical thinking.
Aha! But I haven't even got to the crux of the matter. Here lies the great twist: Drama is the result of SCM attempting to communicate a PW to an evasive CM, therefore resolution of Drama entails CM experiencing and acknowledging all the feelings that it does not wish to feel. When this occurs, SCM is satisfied that its protective warning was heeded. Feelings dissolve and CM is aware of potential danger and can focus on what it does best; problem-solving, being rational, critical and logical. When the flow between SCM and CM is not disrupted both parts work in tandem to produce Wisdom.

When discussing 'trading psychology', many operate on the control-centric model. They usually involve judging 'good' and 'bad' feelings and forcing model outcomes rather than respecting the process. 'Trading psychology' is inconsistent and may lead to a kind of double-think when a trader, struggling to pull the trigger, wonders if taking the trade is a sign of greed or not taking the trade is a sign of fear.

Many traders seem to want to suppress or ignore SCM. This seldom achieves the intended result. SCM cannot be subdued or negotiated with. It is a force as old as the species and must be accorded its due respect. Fear and Greed have served us well, warning our ancestors of danger and encouraging the accumulation of surplus wealth. Wanting to attenuate either of them and be deprived of their counsel in the Market of all places is surely a nomination for a Darwin award.

Anyway, enough rambling, here are the rules for the System:
- Feel all the feelings that you do not want to feel.

And... thats it! With a freely flowing CM-SCM system both do what they do best. CM, free from burden, can develop a profitable system (its not rocket science, you know). SCM, satisfied, goes back to serving as a protective ward ready to alert CM of any potential danger. Its an awfully simple system that just goes with the flow, but following it may cause some emotional discomfort. Sound familiar?
  • #66
  • Last Post: Apr 26, 2016 9:21am Apr 26, 2016 9:21am
Quoting Atokys
With a freely flowing CM-SCM system both do what they do best. CM, free from burden, can develop a profitable system (its not rocket science, you know). SCM, satisfied, goes back to serving as a protective ward ready to alert CM of any potential danger. Its an awfully simple system that just goes with the flow, but following it may cause some emotional discomfort. Sound familiar?
Good old evolution at work. Great food for thought mate.

I'd hate to get in an argument with you at the pub. You'd probably have me on the couch and in tears before I even knew it :-)
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