What is your emotional IQ? (Page 3) - Psychology and Money Management | futures.io
futures.io futures trading

Go Back   futures.io

> Futures Trading, News, Charts and Platforms > Psychology and Money Management

What is your emotional IQ?
Started:December 8th, 2010 (07:29 AM) by itrade2win Views / Replies:2,753 / 24
Last Reply:August 15th, 2012 (08:25 PM) Attachments:1

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • 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, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread

What is your emotional IQ?

Old January 22nd, 2011, 10:17 PM   #21 (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: 45,447 since Jun 2009
Thanks: 28,848 given, 79,601 received

Dr. Brett (paraphrasing) "Without emotions, you have no feel for the market".

For me it was about discovering the absolute truth that my emotions were leading me astray. Once I acknowledged that and started working on "channeling" them (or however you want to word it), I was able to maintain a gut feeling about the market but also reign in the constant fear or greed that was leading me astray before.


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.
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:

Old January 23rd, 2011, 11:28 AM   #22 (permalink)
Elite Member
Futures Experience: Advanced
Platform: MultiCharts, CQG, NinjaTrader
Broker/Data: CQG, DTN IQFeed
Favorite Futures: EURO
Laurus12's Avatar
Posts: 376 since Nov 2010
Thanks: 557 given, 346 received

Big Mike View Post
Dr. Brett (paraphrasing) "Without emotions, you have no feel for the market".....


Wise words. I'll add this one to my list.

Regarding the matter I think Dr. Gary Dayton has written a good article on Money Show. The link is here (2 Pages)


“If you wish to see the truth, then hold no opinions for or against anything.” - Hsin Hsin Ming
Reply With Quote

Old January 28th, 2011, 03:07 PM   #23 (permalink)
Just starting out...
SF, Glendale
Futures Experience: Advanced
Platform: Sierra Chart
Favorite Futures: ES, YM, TF
Posts: 6 since Jan 2011
Thanks: 1 given, 1 received

Big Mike View Post
Dr. Brett (paraphrasing) "Without emotions, you have no feel for the market".


I don't know. Sounds catchy but not much beyond that. It depends on your trading style. A discretionary trader would find this statement truthful, but those trading mechanically are better off not to rely on their emotions.

Reply With Quote

Old August 14th, 2012, 06:46 PM   #24 (permalink)
Membership Revoked
Ontario, Canada
Futures Experience: None
Platform: NT
Broker/Data: IB
Favorite Futures: gold
dario1's Avatar
Posts: 405 since Jan 2012
Thanks: 62 given, 52 received

Yesterday I went long instead short.
I went against what the market was telling me and instead went with what my expectations of the market were. Based on price action market was telling me to go long but I didn’t want to listen, because I was confident that this time market is wrong – but market is never wrong, right

Any advice what should I do to avoid similar mistakes in the future? i.e. not listening to my ego just to what market is telling me? Thx

Reply With Quote

Old August 15th, 2012, 08:25 PM   #25 (permalink)
Elite Member
Denver, Colorado
Futures Experience: Intermediate
Platform: Ninja Trader
Favorite Futures: ES, CL, anything that makes $$
Posts: 178 since Nov 2009
Thanks: 156 given, 72 received

Futures Edge on FIO
Thanks for that. I always wanted to learn more about EQ tests. I got a 75.

Reply With Quote


futures.io > Futures Trading, News, Charts and Platforms > Psychology and Money Management > What is your emotional IQ?

Thread Tools Search this Thread
Search this Thread:

Advanced Search

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

NinjaTrader 8: Programming Profitable Trading Edges w/Scott Hodson

Elite only

Anthony Drager: Executing on Intermarket Correlations & Order Flow, Part 2

Elite only

Adam Grimes: Five critically important keys to professional trading

Elite only

Machine Learning Concepts w/FIO member NJAMC

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Dec 1

NinjaTrader 8: Features and Enhancements

Dec 6

Similar Threads
Thread Thread Starter Forum Replies Last Post
Emotional Freedom Technique (EFT) cory Psychology and Money Management 8 September 17th, 2011 02:15 PM
WIN here : IQ data Feed free for 3 month! max-td Brokers and Data Feeds 1 May 28th, 2010 05:06 AM
What is emotional clearing and how do you do it? wh Psychology and Money Management 8 December 31st, 2009 05:54 AM

All times are GMT -4. The time now is 05:02 PM.

Copyright © 2016 by 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 2016-10-27 in 0.10 seconds with 20 queries on phoenix via your IP