NexusFi: Find Your Edge


Home Menu

 





Personal Moral Values and Trading


Discussion in Off-Topic

Updated
      Top Posters
    1. looks_one aquarian1 with 15 posts (1 thanks)
    2. looks_two Cloudy with 6 posts (2 thanks)
    3. looks_3 mattz with 5 posts (1 thanks)
    4. looks_4 Big Mike with 2 posts (0 thanks)
      Best Posters
    1. looks_one tgibbs with 2 thanks per post
    2. looks_two Cloudy with 0.3 thanks per post
    3. looks_3 mattz with 0.2 thanks per post
    4. looks_4 aquarian1 with 0.1 thanks per post
    1. trending_up 5,650 views
    2. thumb_up 7 thanks given
    3. group 6 followers
    1. forum 29 posts
    2. attach_file 0 attachments




 
Search this Thread

Personal Moral Values and Trading

  #11 (permalink)
 
aquarian1's Avatar
 aquarian1 
Point Roberts, WA, USA
 
Experience: Advanced
Platform: IB and free NT
Broker: IB
Trading: ES
Posts: 4,034 since Dec 2010
Thanks Given: 1,509
Thanks Received: 2,593

"Don't split your spiritual life from your mundane life"

Though I have mentioned trading life, of course the message is for all areas of your life.

For myself, the foundation of reality is the spiritual plane. That is, things are created and energized on the spiritual plane and then through effort and persistence we bring them into manifestation on the physical or material, mundane plane.

Let us say you have an idea for a new invention, or new product or new experiment or whatever.
1. You receive the inspiration for it - the spiritual plane ("inspiration" comes from in+spirit )
2. You conceive of it on the mental plane form a mental image of it.
3. You plan out its manifestation (draw the blueprint of it) -- mental to physical.
4. You create an (action) plan.
5. You bring together the resources and people and direct them according to the plan (money stone-cutters, labourers, etc) .
6. Persist, receive feedback, adjust and continue until realization (the cathedral is built).

The process is the same for investing/trading.

..........
peace, love and joy to you
.........
Visit my NexusFi Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
About a successful futures trader who didnt know anythin …
Psychology and Money Management
Quantum physics & Trading dynamics
The Elite Circle
MC PL editor upgrade
MultiCharts
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
Cheap historycal L1 data for stocks
Stocks and ETFs
 
  #12 (permalink)
 
aquarian1's Avatar
 aquarian1 
Point Roberts, WA, USA
 
Experience: Advanced
Platform: IB and free NT
Broker: IB
Trading: ES
Posts: 4,034 since Dec 2010
Thanks Given: 1,509
Thanks Received: 2,593

The process is the same for investing and trading

We get a hunch of something to check out, or perhaps we spot a co-incidence and wonder if it repeats. Then we check our charts looking for the pattern or whatever the inspiration is for. Next we develop a trading plan. This would include the setup rules and money management (entry/exit signals, scaling in/ out, stops etc). We add in rules for recognizing a failed trade. We add in guidelines/signals that are confirming our set-up recognition. We create a plan to build it - indicators or testing and implementation. We trade it, adjust and modify, receive feedback or new information, persist adjust and continue.

So what am I getting at here?

By aligning our thoughts and actions to good, to recognizing and supporting good, we raise our vibrational level to allow us to more easily access inspiration required to start the process of creation of good.

You could be a skilled architect but without inspiration you are left as a mere draftsman.
You could be a great programmer but without inspiration you are left as a mere coder - waiting upon others to tell you what to code.

There are tons of beautiful indicators programmed but even with all of these one does not have the inspiration required to build a great trading fortune (to build *a grand cathedral").

Instead you are left grubbing around, bouncing from indicator to indicator, guru to guru, trading educator to trading educator, black box to black box, ad for instant riches ("system to generate 7 pts every day guaranteed!!") or flailing random entries.

You are left at the mercy of your lower emotions greed and fear. Tossed by the flickering winds of emotion and whipsawed by the manipulators, you become food for the sharks, pigs for the slaughterhouse.

Inspiration is the beginning, the spark, of great creation.
Inspiration to create great good is strengthen by your actions, thoughts, deeds, and words aligned to good.

..........
peace, love and joy to you
.........
Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #13 (permalink)
 
MrYou's Avatar
 MrYou 
NC, USA
 
Experience: None
Platform: None Yet
Trading: Guitar
Posts: 403 since Jun 2011
Thanks Given: 618
Thanks Received: 196


I'm a little confused...

I understand your logic, but not sure I understand your intentions behind that logic.

When you are "investing" in these well established companies, most often, your money is not being used to help the company grow with trading even less so. The purpose of your investment/trading is for you to profit no? I can understand the emotional reasoning for not wanting to profit from companies that "behave badly", but if you hold a "bad" company for a few hours or minutes how is your trade tied to the companies behavior except in your mind?

Generally speaking, the world and the information we have available is not simple and black or white. There's a lot of complexity and gray.

Personally I think if someone wants to attempt to make investments that try to improve the world they should look into micro-loans. But even then you will most always get a heart felt simple story from the loanee that may never explain the complex gray reality they live in.

Reply With Quote
  #14 (permalink)
 tgibbs 
Temecula, CA
 
Experience: Beginner
Platform: Ninja
Trading: CL
Posts: 145 since Sep 2012
Thanks Given: 91
Thanks Received: 172


MrYou View Post

Generally speaking, the world and the information we have available is not simple and black or white. There's a lot of complexity and gray.

Personally I think if someone wants to attempt to make investments that try to improve the world they should look into micro-loans. But even then you will most always get a heart felt simple story from the loanee that may never explain the complex gray reality they live in.

I have been pondering how to respond and mr. you struck it on the head. News reports never tell the entire story so its tough for us as a little guy to make a good decision. Nowadays it's seems the media tells us what we are supposed to think, not what the unbiased story is. Tough to make a decision one way or another . . .

Reply With Quote
Thanked by:
  #15 (permalink)
 Cloudy 
desert CA
 
Experience: Intermediate
Platform: NT7, various
Broker: various, TDA
Trading: NQ,ES
Posts: 2,124 since Jul 2011
Thanks Given: 2,396
Thanks Received: 1,748

One stock that has definite business and moral ambiguity, HLF, Herbalife. The products are overpriced generic weightloss shakes. And it's a total MLM. Yet major funds are supporting and speculating on this stock. Just realized while Mr. Ackerman brought attention to MLM at HLF yet he is shorting the stock 1 billion for his fund himself. Sign of the times?

Herbalife Report.tk - The Truth Behind the Lies

" Its been stated that 1 in 3,300 people succeed as a Herbalife distributor. And it is those people that are usually the ones that have had to cheat and scam to get to where they are. "

I have been guilty of sim trading option spreads on HLF, even if it was just sim and I was only looking at the technical analysis, i.e. the price action of the equity and didn't realize the extent of the scam until recently in the news. Something to think about for me. If I traded live delta neutral options spreads on HLF maybe I would still be party to adding to the speculation volume and interest in the stock.

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #16 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
Posts: 2,493 since Sep 2010
Thanks Given: 2,441
Thanks Received: 3,791

I would like to understand this thread, so this is a debate whether buying a stock or for that matter equity in a given company would constitute a moral or a immoral decision based on their business model?

I am YET to see one stock that is good all around ethically.
To me they all "push" something and as a investor you simply assess whether the
environment is ripe for a certain Assett to go up or down.

Just one example......

What is good? Let's assume WholeFoods
Promote good food, organic, healthy
Reality: 80% regular products full of sugar, 20% organic.
Nice paper bag. Unethical CEO that depressed Wild Oats via Yahoo forums then bought them.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #17 (permalink)
 Cloudy 
desert CA
 
Experience: Intermediate
Platform: NT7, various
Broker: various, TDA
Trading: NQ,ES
Posts: 2,124 since Jul 2011
Thanks Given: 2,396
Thanks Received: 1,748

I agree there is a lot of grey with stocks or any business for that matter. I thought HLF would be a better example because it is overwhelmingly fraught with doubts as to it's business ethics and whether the majority of it's revenue comes from MLM rather than the products themselves where tens of thousands lose at least a thousand or more just for temporarily working for HLF. And I'm not sure why I posted except this thread seemed kind of challenging and thought provoking. Maybe commiserating some guilt of trading.

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #18 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
Posts: 2,493 since Sep 2010
Thanks Given: 2,441
Thanks Received: 3,791

The HLF thing bothers me because the guy who supposedly blew the whistle on them holds a short position of a billion dollars (according to some reports I read)
He knows his power in the media and the extent of his reputation via the firm he built, Pershing.
He is determined to go to congress on that or Supreme Court, not sure what legislation he mentioned.
Translation: Even if he is wrong on the trade, he will muscle his trade to profits.

But, soon they will announce their earning, and he could possibly get the MOASS (mother of all short squeezes)

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #19 (permalink)
 
aquarian1's Avatar
 aquarian1 
Point Roberts, WA, USA
 
Experience: Advanced
Platform: IB and free NT
Broker: IB
Trading: ES
Posts: 4,034 since Dec 2010
Thanks Given: 1,509
Thanks Received: 2,593

There are ways you help the company by investing in their stock


aquarian1 View Post
You know in your heart you are helping bad. You know that if everyone stopped buying their stock the management wouldn't get their multimillion dollar bonuses and would change their behavior.

Another way is access to capital.
If the company stock market capital goes way up they can use that capital to purchase other companies and assets.

However, there is more to what I am driving at and the direct causal relationship.

I spent some time on page2 speaking of intuition. The topic may be a stretch for many who are traders from their usual way of thinking. However, new ways of looking at things can be rewarding.

Many people only look at life from the surface. The only look at what they can touch or kick.
"If I can't see it or touch it then it doesn't exist" - might sum it up.

However, there is a spiritual basis underlying physical form, causal to physical.

..........
peace, love and joy to you
.........
Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #20 (permalink)
 
aquarian1's Avatar
 aquarian1 
Point Roberts, WA, USA
 
Experience: Advanced
Platform: IB and free NT
Broker: IB
Trading: ES
Posts: 4,034 since Dec 2010
Thanks Given: 1,509
Thanks Received: 2,593



MrYou View Post
I'm a little confused...

I understand your logic, but not sure I understand your intentions behind that logic.

When you are "investing" in these well established companies, most often, your money is not being used to help the company grow with trading even less so. The purpose of your investment/trading is for you to profit no?


Hi

I get the feeling you haven't read the whole thread and are trying to simplify it without really reading it.

I realize that some of my posts are more lengthy than just a sound bite that most people are used to today.
(you can skip the Hudbay post.)


The purpose of life is not just to make make money.
The purpose of life isn't just to see how many toys you can gather around you.
The purpose of life isn't to win at all costs.
The ends do not justify the means.


Money is money - is a false statement.
It doesn't matter how you make it just that you make it. - is a false statement.
It isn't wrong if you don't get caught. - is a false statement.
(If these statements were true then you would feel OK being a gangster or in the mafia as long as you're not caught. )

Once again the thread is about more than just the apparent causal relationship of your investing and if it helps or hurts a bad company.

..........
peace, love and joy to you
.........
Visit my NexusFi Trade Journal Started this thread Reply With Quote




Last Updated on February 17, 2013


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts