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


Trading music!
Updated: Views / Replies:6,394 / 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!

  #1 (permalink)
Elite Member
Lisbon
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Mirus Futures / Zen-fire
Favorite Futures: Es
 
FredyMegaG's Avatar
 
Posts: 59 since Dec 2009
Thanks: 19 given, 44 received

Trading music!

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

Reply With Quote
The following 3 users say Thank You to FredyMegaG for this post:
 
  #2 (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: 29,352 given, 83,231 received


FredyMegaG View Post
  • 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?

1. None.
2. None.
3. None.
4. No, I need to have no one talking to me in "real life". I can handle a few IM windows, because I can look at them when I have time to look at them.
5. Yes, requirement.
6. No TV. As for ritual, sure, but key points being I never put on a trade in a rush, I always want to have adequately looked at my charts to understand overnight activity, identify key S/R areas, and determine trend.
7. For sure. I know things that effect me negatively are people talking to me (in real life), it breaks my concentration big time. Phone ringing, dogs barking, etc. Those are to a lesser degree because I don't have to stop everything I am doing, I can ignore them for a few minutes until I have time to handle it. I am very set in my ways, I prefer things to be "just perfect".

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.

Reply With Quote
The following user says Thank You to Big Mike for this post:
 
  #3 (permalink)
Just starting out...
utah
 
Futures Experience: Intermediate
Platform: ninjatrader
Broker/Data: Mirus/zen-fire
Favorite Futures: TF
 
Posts: 11 since Jul 2009
Thanks: 2 given, 9 received



1: I start my Itunes on random and hear anything from black sabbath to the zac brown band
2: I never listen to the news..when I first started I listened to it but realized that the charts reacted way before the news ever came out.
3: No feed from any trade rooms
4: I have no idea about grandma
5: I hate complete silence...I actually do better when there is some "chaos" going on around me...I get my 3 kids ready for school the first hour and it seems to be my best trading. I also im my friends through out the trading day and I seem to do just fine. I think it keeps me from over trading.
6: No rituals I usually turn on the laptop a few minutes before the market opens and go from there
7: I never have thought about it...maybe I should

Reply With Quote
The following user says Thank You to sjrider for this post:
 
  #4 (permalink)
Elite Member
Lisbon
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Mirus Futures / Zen-fire
Favorite Futures: Es
 
FredyMegaG's Avatar
 
Posts: 59 since Dec 2009
Thanks: 19 given, 44 received

I have to agree about music!

Helps me get in the "ZONE". Get that "OK im da man! lets do this!" feeling. heh

Whats the best/worst kind of music to trade on? chill? classic? Fast/trance/rock?

I think other disturbances are very distractive to be helpfull on trading... i just wanted to see if somebody found helpful to have their mind distracted while theire eyes and primary instincs did the trading.... would something like that help out?

Reply With Quote
 
  #5 (permalink)
Elite Member
Seattle
 
Futures Experience: Beginner
Platform: NinjaTrader Interactive Brokers
Favorite Futures: 6B
 
Posts: 225 since Jun 2009
Thanks: 135 given, 266 received

I'll listen to music and I either listen to classical (I think it was proven that Mozart actually stimulates brain activity) or 80's rock (cause it gets me all pumped up in a goofy feel good kinda way).


Blz

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

Fredy,

First, would like to thank you for great "picking" of themes for threads.

Music, of course all it's quite personally, can affect accordingly as per its type, i.e. rock will make you too active, "minor" music can give too much dreaming/relaxing, etc, etc.
I've heard such phrase : money like silence, however I like sometimes listen jazz, because that kind of music, seems to me, looks like more than other the same way as market looks

P.s. but finally all depends on level of trader's market experience/success

Krgds,
Andrew

Reply With Quote
The following user says Thank You to Andrew for this post:
 
  #7 (permalink)
Elite Member
Memphis, Tennessee
 
Futures Experience: None
Platform: NinjaTrader
Favorite Futures: ES, EUR/USD
 
deltason's Avatar
 
Posts: 133 since Jul 2009
Thanks: 1,552 given, 118 received

Agree with Andrew on the jazz part. Some music has a calming effect on me and I might listen to it while trading but usually I listen to nothing. Maybe it's time to consider adding music to the trading plan.

Reply With Quote
 
  #8 (permalink)
Elite Member
Osaka
 
Futures Experience: Master
Platform: Ninja
Broker/Data: IB
Favorite Futures: Stocks
 
MrBean's Avatar
 
Posts: 109 since Jan 2010
Thanks: 26 given, 24 received

I don't listen to music, but I do listen to a fish tank. I have a sound generator application called Aire Freshener (free) that has all kinds of background sounds like a fish tank, beach, forest, rock concert (BLZ17 might like it) , underwater, waterfall, etc etc. You can chose whatever makes you feel you think you need to feel for whatever you are doing. I got this app to mask my tinnitus actually, fish tank works well for that.

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

Deltason

The interesting things about jazz are:

- jazz is partly "son" of blues
- blues is "build" just on 3 simple accords
all other just "deviations", but "structure" is really simple
- first thing about jazz is to know great its "theory" (main theme)
- jazz more "complicated" than blues, but beauty is when you know/hear
main theme, apart from it you are enjoying things what makes jazz so great "variations/deviations" of main theme.

Is that not about market / trading ?

However I "was born" on classic hard rock and 70ties, but really mad about jazz and especially lounge vibe and groove romance + silence also great thing

Krgds,
Andrew


deltason View Post
Agree with Andrew on the jazz part. Some music has a calming effect on me and I might listen to it while trading but usually I listen to nothing. Maybe it's time to consider adding music to the trading plan.


Reply With Quote
 
  #10 (permalink)
Elite Member
Earth+Somewhere
 
Futures Experience: Master
Platform: SuckMyDICK
Favorite Futures: Crap
 
Posts: 65 since Oct 2009
Thanks: 128 given, 110 received


For a decent free radio visit pandora radio (pandora.com). It picks songs that you like and adjusts to you. If you have vista you can get the widget and there's no commericals and you can skip unlimited songs. http://www.pandora.com/on-windowsgadget

I personally watch T.V when I'm trading becuase it keeps me awake, seems to make my trading better. I use a slingbox and it plays it on the right hand of the screen of the computer.

Attached Thumbnails
Trading music!-untitled.jpg  
Reply With Quote

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 09:28 AM.

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 2017-12-14 in 0.18 seconds with 20 queries on phoenix via your IP 54.82.56.95