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Discipline problems


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Discipline problems

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  #31 (permalink)
homevesuvian
Napoli ITALY
 
 
Posts: 5 since Feb 2023
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in the short term there is almost no profit margin.
the behavioral errors are due to the speed of execution put in place by the algotraders.
For this reason, to have an advantage, I look at a diluted and less convulsive time frame

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  #32 (permalink)
 SomePsychoDude 
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homevesuvian View Post
in the short term there is almost no profit margin.
the behavioral errors are due to the speed of execution put in place by the algotraders.
For this reason, to have an advantage, I look at a diluted and less convulsive time frame

There is plenty of profit margin in the short-term, just up your lot size.
There are no price behavioral errors due to algos, because there are always fucking sacks of meat behind it.

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  #33 (permalink)
homevesuvian
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SomePsychoDude View Post
There is plenty of profit margin in the short-term, just up your lot size.
There are no price behavioral errors due to algos, because there are always fucking sacks of meat behind it.


I talk about my discretionary trading.
Personally, looking through a magnifying glass at short-term price action leads me to act impulsively.
This is when I try to trade like a scalper…that's my limit

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 bwolf 
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  #35 (permalink)
 bwolf 
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This has many far-reaching implications for active traders where discipline is concerned IMO.


“You do not rise to the level of your goals. You fall to the level of your systems.”
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 JBWTrader 
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https://nypost.com/2019/06/17/can-this-electric-shock-bracelet-zap-you-out-of-bad-habits/

Can this electric shock bracelet zap you out of bad habits?

Dog trainers, prepare for a taste of your own medicine.

Similar to a shock collar for your disobedient pup, the updated Pavlok bracelet (like Pavlov. Get it?) will give the wearer a 350-volt jolt every time they cross a line.

Looking to quit smoking, reduce cookie intake or stop hitting the snooze button? Engineers at Behavioral Technology in Salt Lake City, Utah, hope their wristband will help you kick the habit.

The bossy bracelet, $200 on Amazon, delivers a zap at your command. Punish yourself enough, and you’ll feel your urges subside “within 3-5 days,” according to the manufacturer. Though the device can be programmed to shock automatically for some of your bad behaviors, such as sleeping in, those who can’t be trusted to discipline themselves can recruit a friend or family member. They can pitch in by downloading the Pavlok app — and sending a shock on your behalf.

Pavlok creators say their product — which launched in 2012 but is suddenly trending online — helps train your “reptile brain” into associating the unpleasant sensation with your preferred vice.

“Aversion therapy is Pavlovian Conditioning — associate the habit you want to stop, with a negative stimulus (like Pavlok’s shock) for a period of time, for a few days in a row,” the website reads. “Rapidly, the brain learns to associate the two stimuli together, and stops liking the habit.”

Inventor Maneesh Sethi tells ABC News that the shock won’t debilitate you, but it will give you a start. “It feels like if you were to touch a doorknob after rubbing your socks on the carpet,” he says, adding, “there’s a real power in using a little bit of pain to help you break your bad habits.”

Sethi says he was inspired to create the Pavlok after suffering an addiction to social media.

“I suffered from ADHD, and found myself addicted to Facebook. I wrote a blog post where I hired someone to slap me every time I went on Facebook, and my productivity skyrocketed,” Sethi says. “On the other hand, none of my many fitness trackers motivated me at all. So I thought, ‘why are there so many devices tracking what I do, but not changing what I do?’ And Pavlok was born.”

Pavlok’s website touts multiple studies in praise of aversion therapy and testimonials raving of Pavlok’s success. However, LA-based psychologist Dr. Greg Cason is dubious that consumers will have the willpower to follow through with their goals.


the above is a bit tongue in cheek, however it takes a lot of focus and motivation to want to change rather than having it as a fleeting fantasy which most do... good luck ! for sure not an easy one ! best john

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