Trading music! - Psychology and Money Management | futures io social day trading
futures io futures trading


Trading music!
Updated: Views / Replies:6,406 / 48
Created: by FredyMegaG Attachments:2

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 2  
 
Thread Tools Search this Thread
 

Trading music!

  #11 (permalink)
Elite Member
Florida
 
Futures Experience: Advanced
Platform: NinjaTrader, Tradestation
Broker/Data: Mirus/Zen-Fire
Favorite Futures: 6B, 6E, CL, GC, 6A, 6C, 6J
 
Posts: 16 since Jan 2010
Thanks: 1 given, 5 received

I don't listen to, or watch, anything when trading. I'm a longtime musician, and have a bad tendency to pick up "earworms" (melody stuck in your head) very easily. So if I happen to have a bad trade while listening to a certain song, I tend to associate that song with bad things. Therefore, no music while trading!

Reply With Quote
 
  #12 (permalink)
Elite Member
Newfields, NH
 
Futures Experience: Advanced
Platform: Tradestation
 
Posts: 17 since Aug 2009
Thanks: 0 given, 3 received

I have to listen to music or tv. I do find that tv distracts me. trading can get lonely thats why i need something in the background. i read that music with 50-60 beats per minute is good for concentration., Mozart, vivaldi. you can do a google search for music for concentration or music with 50-60 beats for more information.

Reply With Quote
 
  #13 (permalink)
Elite Member
Sydney, NS
 
Futures Experience: Intermediate
Platform: Ninja
Broker/Data: Zen-Fire
Favorite Futures: TF,S,GC
 
cclsys's Avatar
 
Posts: 607 since Nov 2009
Thanks: 248 given, 379 received


Interesting topic, thanks FredyG.

I just got highspeed and am spending some time downloading a music collection. Last century when in my 20's I had zillions of albums, but then moving as I did most of my life, it all fell behind and now I have nothing, basically, and not even a good hi-fi system any more.

I am starting with classical. Tonight downloading all of Beethoven's concertos.
A few nights ago I got all of Genesis' early stuff just for nostalgia's sake, tons of Dylan from a neighbour who has been downloading like crazy too.

But basically I hope to have a decent classical collection within a few weeks and then experiment with a particular composer for a few days to see if it makes a difference. My suspicion is that:

emotional composers/styles will not be helpful therefore I suspect that anyone before Bach won't cut it.

I am curious to see how smooth/cool jazz (like Coltrane or Miles D) might feel.

But I suspect that unless Bach works, possibly Mozart, that silence will be the best. I like silence. Usually have nothing else going on when I trade, not even the browser open.

With silence you hear the weather, too, which is nice. If it's raining you hear rain, or snow, or wind. And then there is the screen with the market ticking away.

Silence is golden.

Reply With Quote
 
  #14 (permalink)
Senior Member
sea side
 
Futures Experience: None
Platform: NinjaTrader
 
Posts: 217 since Dec 2009
Thanks: 86 given, 25 received

Cclsys,

Check this, it will bring sound (in headphones) of your computer almost up to hi-end level

JetAudio

there are free version as well as paid, free is not so bad as one can think.

P.s. don;t forget about normal bit rate.

Krgds,
Andrew


cclsys View Post
now I have nothing, basically, and not even a good hi-fi system any more.


Reply With Quote
The following user says Thank You to Andrew for this post:
 
  #15 (permalink)
Elite Member
UK London
 
Futures Experience: None
Platform: NT and XTrader
Favorite Futures: Piano
 
Posts: 1,358 since Sep 2009
Thanks: 1,356 given, 1,551 received

...

Whether it be trading atmosphere or environment, for me it's an end to a means.
By that I mean everything is about getting the mind into a certain state.
Call it the "zone".
Point being, that I prefer things quiet.
ie: no news, no chat, no nothing (I haven't even had a TV for about 9 months now)
until I know I'm in that place, mentally, where I know that I'm understanding what I'm looking at (information).
Then more of the same no news, no chat no nothing to stay in that place.

Personally, music is about the most useful medium to both get me there
and to switch off from trading.(Terry Reid usually does the latter )
My tastes are wide. Anything from Pink Floyd to what they call "rare" Soul.
To help with that "zone" some of the artists off Windam Hill Label, like Will Ackerman.

Each to their own, which is cool..I think they are good and important questions Fredy.


Last edited by zt379; January 20th, 2010 at 08:20 AM.
Reply With Quote
 
  #16 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,354 given, 83,237 received

While I tend to try to keep things as quiet as possible while I am trading, I can't deny the impact music has on the psyche. The right song can really motivate you and raise your spirits.

In trading terms, if you are more energetic and/or simply in a happier state because of outside influences (ie: music) then it can benefit your trading. I think the reason that I tend to not listen to music while trading is because I am going to want to "rock out and crank things up. I'm a big audiophile and there is no such thing as "half way" on the volume knob, it's all the way up or you aren't trying hard enough. This definitely wouldn't be good for a trading environment, although if you are more into a nice relaxing jazz or etc then I could see it working.

(listening to Muse's new album The Resistance as I type this) There are some lyrics in their new song "Uprising" that can relate to trading:

They will not force us
They will stop degrading us
They will not control us
We will be victorious

I can see this being applied to me beating Goldman Sachs in the market tomorrow

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Attached Thumbnails
Trading music!-3-28-2010-2-23-59-am.png  
Reply With Quote
 
  #17 (permalink)
Elite Member
atlanta ga
 
Futures Experience: Intermediate
Platform: ninja
Broker/Data: AMP/ZENFIRE
Favorite Futures: CL-GC-TF-DX
 
Posts: 24 since Mar 2010
Thanks: 3 given, 1 received

LOL, a few of my favorite jack-me-up songs..... Badlands, Bruce Springsteen, Hold on Tight to your Dreams ELO, JustOne Victory, Todd Rungren... all available on YouTube

Reply With Quote
 
  #18 (permalink)
Elite Member
Austin, TX & Las Vegas, NV
 
Futures Experience: Advanced
Platform: Investor RT Pro, NT 7.0
Favorite Futures: ES, DAX, CL, 6E
 
FulcrumTrader's Avatar
 
Posts: 230 since Mar 2010
Thanks: 32 given, 286 received

Here are some of the various types of music I listen too when trading during the day;


First of all my ALL TIME favorite Patrick O'Hearn!!!

YouTube - Patrick O'Hearn - So Flows The Current

Early years............. YouTube - Beauty In Darkness written and performed by Patrick O'Hearn

Recent years.......... YouTube - Patrick O'Hearn A Welcome Site

VERY COOL in studio video........... YouTube - Patrick O'Hearn in the studio


Music when I am up in the middle of the night managing my longer term ES trades and taking scalp trades in the DAX............... YouTube - Kaskade - 4am (OFFICIAL HQ VIDEO)

Music for trading GOLD LONG these past years............. YouTube - Yeah Yeah Yeahs - Gold Lion


ENJOY!

Reply With Quote
 
  #19 (permalink)
Elite Member
Near the BEuTiFULL Horse Shoe
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: MBTrading Dukascopy ZenFire
Favorite Futures: $EURUSD when it is trending
 
Trader.Jon's Avatar
 
Posts: 500 since Jul 2009
Thanks: 401 given, 176 received

It IS music to MY ears


FredyMegaG View Post
I'm very curious to find out your responses about this, and was quite reluctant as to where to start this thread.

I think it has a lot to do with trading psychology so i guess this is the right place, with the right people to debate what's truly behind your answers.

Please be honest, as i would like to see the environment in which most traders achieve better performance.


So:
  • What kind of music/bands do you like to hear while trading, if any?
  • Do you like, turning the news on, and listen as a background?
  • Do you have any feed from a certain trading room, or floor?
  • Does Granma chatting with your neighbours calm you enough to make your mind at ease while trading?
  • Do you enjoy sweet silence to hear your own toughts?
  • Do you have a mood-setting ritual prior to start trading, or do you just sit at the pc and work to whatever's on TV?
  • Have you even ever tought about this? how the athmosphere set could affect your trading performance, and how you could enhance it?
Please share your thoughts.
FREDY


Fredy ..

Interesting discussion.
1. 15 minutes of exercise at start of day with nature sounds and the spoken word (comedy etc)
2. No news .. no newspapers .. no TV in my place
3. E-Mini DayTrading Course | Trading Psychology CDs used when appropriate as backround
4. EFT regime at start of day Using EFT to successfully trade the markets (e.g. stock market)
5. own recorded affirmations for trading are under the nature sounds (subliminal)
6. occasionally I will log into a trading room to see the overall market movements
7. I am considering getting a feed of pit noise to accentuate concentration

Thanks!
TJ

Reply With Quote
The following user says Thank You to Trader.Jon for this post:
 
  #20 (permalink)
Elite Member
Toronto
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Zen-Fire
Favorite Futures: CL , 6E
 
Posts: 197 since Jun 2009
Thanks: 752 given, 252 received


I would strongly recommend Jango - Free Music -- Listen to Music Online - Internet Radio where you can create your own station , and listen only to the music you like
Enjoy !
SOumi

"Risk more than others think safe.
Dream more than others think practical.
Expect more than others think possible.
Care more than others think wise"
Reply With Quote
The following user says Thank You to soumi71 for this post:

Reply



futures io > > > Trading music!

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Finding Music websouth Off-Topic 6 November 29th, 2009 05:22 PM
Music + neuronal functions max-td Traders Hideout 0 October 12th, 2009 10:04 AM


All times are GMT -4. The time now is 10:42 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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.
no new posts
Page generated 2017-12-16 in 0.13 seconds with 20 queries on phoenix via your IP 54.227.51.103