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Search: Posts Made By: oceansailor

Forum: Psychology and Money Management

June 18th, 2020, 05:01 PM

Replies: 241

Poll: Finally Turning the Corner, tha "its 80% Psychology" thing...

Views: 62,084

Posted By oceansailor

I'm with you WRT willpower; in fact, my take on...

I'm with you WRT willpower; in fact, my take on the whole concept is that it's nothing more than self-abuse, in most cases. We do need to visualize a better version of ourselves in order to have a...

Forum: Psychology and Money Management

June 18th, 2020, 12:02 PM

Replies: 241

Poll: Finally Turning the Corner, tha "its 80% Psychology" thing...

Views: 62,084

Posted By oceansailor

Anyone with sufficient imagination can visualize...

Anyone with sufficient imagination can visualize a frustrated trader who decides that he will not accept any restrictions - even ones that he himself had set up earlier. From there, it's just a...

Forum: Psychology and Money Management

June 18th, 2020, 09:48 AM

Replies: 241

Poll: Finally Turning the Corner, tha "its 80% Psychology" thing...

Views: 62,084

Posted By oceansailor

Not surprising; as you say, the monkey mind will...

Not surprising; as you say, the monkey mind will sometimes take over. (Note that enforcing quotas will not prevent either of those behaviors - although it will limit the maximum loss.)

The...

Forum: Psychology and Money Management

June 16th, 2020, 09:58 PM

Replies: 241

Poll: Finally Turning the Corner, tha "its 80% Psychology" thing...

Views: 62,084

Posted By oceansailor

I'm afraid you don't (your conception of the term...

I'm afraid you don't (your conception of the term "first-hand" is patently wrong.) What you do have is a case of a risk manager doing his job - as you say, "tell them to get out of their positions or...

Forum: Psychology and Money Management

June 16th, 2020, 08:57 PM

Replies: 241

Poll: Finally Turning the Corner, tha "its 80% Psychology" thing...

Views: 62,084

Posted By oceansailor

josh, I think we're talking about processes that...

josh, I think we're talking about processes that sound similar but have fundamentally different purposes. In the first case, the subject is traders who literally cannot control themselves - which...

Forum: Psychology and Money Management

June 16th, 2020, 11:56 AM

Replies: 241

Poll: Finally Turning the Corner, tha "its 80% Psychology" thing...

Views: 62,084

Posted By oceansailor

For Certain Types of People (me? No-no. Couldn't...

For Certain Types of People (me? No-no. Couldn't possibly be talking about me!), this is about the worst approach there is - because my reaction would be to chafe under the restriction, even though...

Showing results 1 to 6 of 6

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

Limited trading instruments
High platform usage fees
Lack of support or mentorship
Unrealistic rules and requirements
No significant challenges
Something else (discuss in thread)

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