Hi Bob,

On a side note, maybe you can give me a suggestion?

I just got a thread notification. So I clicked on "view post". But when I do that, that post does not show up. I scrolled page after page to no avail.

In times past, when I clicked on the post, it would show up directly.

Thanks for any reply.

My wifey and I had to chuckle. We have taken the test a few times over the last 14 years. We keep getting the same results.
To quote the article:
Three personality types?the ENTJ (known for their ability to develop strategies), the INTJ (known for their scientific reasoning), and the ISTJ (the trustee type person)?combined should constitute about 12% of the population. However, at this time these three groups represent 50.1% of our current sample. The NTs constitute 45.6% of our sample, probably because these people are always attempting to improve themselves.

If I recall properly, each of these 3 types make up the smallest percentage of the population.

I am an ENTJ and my beloved is an INTJ. We trade completely different. What an interesting study in human nature.

For those that have never taken the test, you would learn a lot about why you think the way you do.

For me, when I read that the worst possible job for my personality type would be in daycare, I immediately thought "Thank you". I know that I would lose my mind.

Well, back to simplifying and reviewing my strategy.

Correction: My wife is an INFJ not an INTJ

I'm an INTP, but in VanTharp's blog where you're asked to determine how well you relate to each element of each dichotomy, I didn't feel the weak one was unfamiliar at all... just less familiar than the one I identified with most strongly. I love to problem solve. I typically see things from a dozen different perspectives which is often helpful... But sometimes, seeing so many sides makes it hard to make decisions. Not a great quality when seeing the reasons why the market will go up, and why it will go down. LOL I'm working on it

One thing that keeps coming back to me is this:
Psychology is mentioned again and again but the modern markets are very close to efficient and many/most traders simply do not have an edge.

If you trade without an edge, psychology can only help you in dealing with the inevitable losses ahead.

I have seen many posts of guys who have dedicated 5-10+ years of their lives trading and still are not profitable despite all their efforts.
I guess some would even agree that had they taken some other path towards success they would be in a much better state in life.

What I've heard from other traders is that the '95% of traders' who are not profitable don't have the required technical knowledge, don't have any proper money management rules, and let their emotions get in the way.

I'd say traders who have many years of experience aren't lacking in the knowledge department, would have learned the importance of money management as well after all this time, and after trading for so many years, they probably would have become desensitized to the thrill/fear of making/losing money.

So why aren't these people profitable then? What are they missing? What else is required aside from market knowledge, money management, and emotional discipline?

Thank you for sharing I have access to it and have watched and read a few things on it, practiced it today in sim and was up the first 30 trades, unfortunately I was slow to react to one and finished the day slightly down lol, are there any resources you yourself found particularly useful?

I have to still finish the article. Good thing we have the day off so we can play catch up. Dozen perspectives? This is why I prefer scalping. Use a trading chart with a longer term chart on the side. but most decisions are made off the trading/short term chart.

It's interesting that VWilson who trades the PATS system, goes for a couple of points with 32 ES contracts and has 8 runners. 2 or 3 trades a day.


No narrative, just his trading. Or maybe it's her trading.

I usually watch these in the early morning hours while waiting for the birds to start singing.

I enjoy seeing other methods.

"...I find it hard to find communities because I find that most people just want to talk about it rather than be about it. Most discussions tend to end up with arguments or infantile crap that makes me cringe when I read it...." "... I just don't understand why, no matter wherever I go, it seems like more of a social club than a "let's get down to business and figure this thing out" type of club. I never see any effective strategies are being laid out."
"...I would love to see a community that has an actual, in-depth approach to the markets, where the purpose of being there is to master the material rather than just shoot ideas back and forth."

Video didn't come through, but I'm with you on the scalping. I'm going to refocus on that hard. I just got my trial of Jigsaw set up yesterday after the market closed. I'm hoping to paper trade until I'm comfortable with reading the ladder and hope to dip a toe in live account, before the end of the week. Just working with the Sierra Chart ladder for a couple days and focusing on scalping, allowed me to tighten my stop loss from 10 pt to 2 pt in the MES. Surprising thing was how often the occasional 8 or 10 point profit occurred. I'm excited about next week!