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Any way to test yourself mentally to know whether you're fit to trade this session?
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Any way to test yourself mentally to know whether you're fit to trade this session?

  #11 (permalink)
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Adamus,

lance begg's course has lots of 'checklists' before each session....create your own and judge from there.
denise shull mentions lack of sleep/rest as being major culprit of judgement biases.

I agree with both.

I have emwave and used it, but it doesn't do much for me. you can do your own breathing or relax/focus session that fits you.

most important its all about what fits you. lancelot mentioned about how he trades and his style. if you're a sniper, be focused....if you're easy going...market lookin' good, lets go long here and risk $200 and check your position in a hour, then know what works for you.

also equally before each day, you should know if you're ready to trade as a whole anyway BEFORE even thinking about sim tradin.

just my thoughts....
....and to quote joe ross....you don't have to trade everyday, and the less you trade, the more money you make.
Joe has his life index which I recommend too. its in trading as a business which is a must read.

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  #12 (permalink)
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emWave2


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I was thinking about getting one of these. i know brett steenbarger recommended it. How do you like it?

It does seem to work - the LEDs are in red when I am prone to take a revenge trade or am hesitant and underconfident.

It actually sounds creepy saying it like that, but the device does seem to do its job (though NOT 100%)

As a plus: On Sunday mornings the device is bright green LOL

The funny thing is that I can be breathing real slow yet tensing my nerves while pulling the trigger and it knows THAT and goes red.

It is a very simple plasticky cheap looking Chinese stuff kinda device but it works.

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Thanks everybody for the input. I'm going to get the emwave2 thing for what it's worth - I just hope I don't fry it first time I use it

I've seen lumosity and I'm going to try that.

Generally speaking I can guess how I feel but I still lack the experience to know what impact it's going to have on my trading.

There's this which might be available soon that looks great: Melon but until it's a reality, I think the emwave2 device looks good.

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Adamus View Post
Thanks everybody for the input. I'm going to get the emwave2 thing for what it's worth - I just hope I don't fry it first time I use it

I've seen lumosity and I'm going to try that.

Generally speaking I can guess how I feel but I still lack the experience to know what impact it's going to have on my trading.

There's this which might be available soon that looks great: Melon but until it's a reality, I think the emwave2 device looks good.

I have been doing lumosity during down times. my score on there has gone up. its interesting but i don't actually know if i have seen any improvement. only been doing the free version and for about 3 weeks.

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For anybody who may care

I am posting ascreenshot of an emWave2 session.

This may help you visualize what the zone looks like.

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I do not yet recommend emWave2 wholeheartedly: will need more data that it helps my trading (e.g. it works and tells me I'm not in the zone and that would be enough usually but collecting more data... e.g. it did not help my combine stats as an example but there are more variables involved)

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iqgod View Post
I do not yet recommend emWave2 wholeheartedly: will need more data that it helps my trading (e.g. it works and tells me I'm not in the zone and that would be enough usually but collecting more data... e.g. it did not help my combine stats as an example but there are more variables involved)

Do you feel any different in the zone?
And are you using the direct realtime USB module or the standalone emWave unit?

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ratfink View Post
Do you feel any different in the zone?
And are you using the direct realtime USB module or the standalone emWave unit?

The standalone unit (emWave2) BUT it allows one to connect it to the realtime software when at a PC - that is how I got the realtime graph.

Not feeling difference in the zone yet.

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I have made purchase for an emwave system. Will be arriving in 2 weeks time and could give my feedback when I get down to using it.
I hope it can help solve some psychological hurdles I am currently facing: nervousness, anxiety in a trade, stress etc.

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@iqgod @strikebackfast @Adamus or anyone have long term update on how emwave2 helps your trading or not?

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@iqgod @strikebackfast @Adamus or anyone have long term update on how emwave2 helps your trading or not?

I've stopped using it altogether. It was just one more graph to watch which I never got 'integrated' into habit and eventually lay gathering dust. I will post an update in case I start using it again at some future course (currently not planning to use it)

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