NexusFi: Find Your Edge


Home Menu

 



Showing results 1 to 9 of 9
Search: Posts Made By: Schnook
Forum: Psychology and Money Management July 16th, 2016, 06:57 AM
Replies: 591
Sticky: Time to Give Up
Views: 190,338
Posted By Schnook
Unless you're on full-auto, where you simply hit...

Unless you're on full-auto, where you simply hit the on-button every morning and then go to the beach while your program does its thing, there will be emotions involved every time you trade. The...
Forum: Psychology and Money Management July 15th, 2016, 01:57 PM
Replies: 591
Sticky: Time to Give Up
Views: 190,338
Posted By Schnook
In Livermore's case, was it true grit? Or just...

In Livermore's case, was it true grit? Or just sheer stubbornness with the occasional bit of dumb luck thrown in?

https://www.youtube.com/watch?v=51lFmdChOA0
Forum: Psychology and Money Management July 15th, 2016, 01:41 PM
Replies: 591
Sticky: Time to Give Up
Views: 190,338
Posted By Schnook
Thanks mattz. I'm just curious if there might be...

Thanks mattz. I'm just curious if there might be certain personality traits or good habits that allow some traders to more readily identify and adapt to change than others. I shared a story earlier...
Forum: Psychology and Money Management July 15th, 2016, 09:42 AM
Replies: 591
Sticky: Time to Give Up
Views: 190,338
Posted By Schnook
The book ain't gospel, but it sure is an...

The book ain't gospel, but it sure is an interesting read :)

mattz - would love to hear your take on my question earlier about once successful traders who lose their edge. Given where you sit,...
Forum: Psychology and Money Management July 14th, 2016, 07:54 PM
Replies: 591
Sticky: Time to Give Up
Views: 190,338
Posted By Schnook
Required reading. Two of my favorite quotes from...

Required reading. Two of my favorite quotes from that book, which certainly apply here:

“There is nothing like losing all you have in the world for teaching you what not to do. And when you know...
Forum: Psychology and Money Management July 14th, 2016, 06:33 PM
Replies: 591
Sticky: Time to Give Up
Views: 190,338
Posted By Schnook
In trading, it usually isn't. Like you, I don't...

In trading, it usually isn't. Like you, I don't believe in randomness. Every trade that hits the tape has intent.
Forum: Psychology and Money Management July 14th, 2016, 02:43 PM
Replies: 591
Sticky: Time to Give Up
Views: 190,338
Posted By Schnook
Hoopy, I mentioned the roulette wheel because a...

Hoopy, I mentioned the roulette wheel because a few pages back in this thread someone posted a link to an article describing that exact phenomenon. It's called the Gamblers Fallacy, or Monte Carlo...
Forum: Psychology and Money Management July 14th, 2016, 11:34 AM
Replies: 591
Sticky: Time to Give Up
Views: 190,338
Posted By Schnook
No, I'm way too young and poor to retire. :) This...

No, I'm way too young and poor to retire. :) This was a guy I had gotten to know through a mutual friend in the industry, and whom I had actually hoped to work for before his and my circumstances...
Forum: Psychology and Money Management July 14th, 2016, 09:51 AM
Replies: 591
Sticky: Time to Give Up
Views: 190,338
Posted By Schnook
Size can actually be a pretty big hindrance....

Size can actually be a pretty big hindrance. Believe me, the "big boys" may have a lot of resources at their disposal but their sheer size makes them much less agile than odd-lot traders like you or...
Showing results 1 to 9 of 9

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

 


 
 


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top