I have thought about that scenario (along with many others) skc. Two people, one long, one short, both very strong winning attitudes at that specific moment in time. One possible explanation is that this sort of situation would never occur. Another possible explanation is that our understanding of one or both traders is flawed - we thought trader #1 was very positive, but he always got the wobbles after a huge winning streak. His inner dialogue is "wow things are going well.... a little too well" and doubt has crept in just at that very moment. Perhaps trader #2 has a brilliant attitude, but when placed under the microscope, falls to pieces. A third possibility would involve the idea of parallel universes wherein whatever trader #1 believes will occur occurs, whatever trader#2 believes also occurs, and whatever you believe will occur, occurs, and whatever I believe will occur occurs, perhaps all in sych inside the one universe, perhaps in 4 separate universes, all identical apart from one factor - viz the outcome of the trade. If the two traders had absolutely identical attitudes, then both would win in different universes. The idea of "observer dependence" - read here: http://www.sciforums.com/showthread.php?t=85553
By the way, parrallel universe theory isn't new age mumbo jumbo. Lots of links on the web.
I think you have taken this new-age philosophy way too seriously.
Yes I do believe that the Mind (consciousness) does have an external effect on reality - but its effect is extremely miniscule.
When you investigate something, you do it properly. You don't read one useless new age book and leave it there.
I found out recently that I had done over 2.5 million backetests on Amibroker! How's that for dedication to traditional methods? They were all stored in report explorer folder unbeknown to me. Took an hour to delete.
I don't expect anyone to buy this, because the psychology of trading is a bit of a taboo subject here on ASF.
I base my claim on quite a number of experiments with my own trading, and observations of friends and family members with their trading. I have looked at the influence of positive attitude and found it to be far more influential in determining profit than any other factor (including method or system, time in the market, experience, or phases of the market). I also have a small but compelling bit of evidence to suggest that no knowledge of the market at all is necessary at all.
I've been doing it 10 years. Most are quite simple, taking about 10 seconds to complete. It's real.
Anyone with AB can check their own: AA>Report>Report explorer. If it takes more than a few minutes for the window to appear you may have many hundreds of thousands recorded. Most system testers in here would have similar I imagine.
When you investigate something, you do it properly. You don't read one useless new age book and leave it there.
I found out recently that I had done over 2.5 million backetests on Amibroker! How's that for dedication to traditional methods? They were all stored in report explorer folder unbeknown to me. Took an hour to delete.
Having said that, I too have observed the significant impact that one's mind-set can have on one's trading activities (and other aspects of one's life for that matter).
That's amazing GG
What can you tell us you've learnt from so much testing.
I know I found that most conventional trading "ideas" were useless.
But what have you learnt
What can you pass to those who are starting?
A third possibility would involve the idea of parallel universes wherein whatever trader #1 believes will occur occurs, whatever trader#2 believes also occurs, and whatever you believe will occur, occurs, and whatever I believe will occur occurs, perhaps all in sych inside the one universe, perhaps in 4 separate universes, all identical apart from one factor - viz the outcome of the trade. If the two traders had absolutely identical attitudes, then both would win in different universes. The idea of "observer dependence" - read here: http://www.sciforums.com/showthread.php?t=85553
By the way, parrallel universe theory isn't new age mumbo jumbo. Lots of links on the web.
I remember having a good first up win but I now realise it was to draw me (the un-fleeced) into the game. Remember this next time you put your hard earned into shares. They can put it on but believe me they can take it off faster. The big stacks run the show.Bought X stock at X price, shares went up approx 0.25 cents, sold them and made close enough to 1K. Thanks for coming! Surely it can't be this easy! I'm considering doing this full- timeJust kidding. Question is, what sort of "run" have members had? Is this typical?
No I get it!
Now Is there a god!
Or Life after death
or consciousness after death
I'm 100% sure there is as no one one has come back from the dead to confirm there isn't.
I'm 100% sure there isn't as no one has come back from the dead to confirm there is.
I remember having a good first up win but I now realise it was to draw me (the un-fleeced) into the game. Remember this next time you put your hard earned into shares. They can put it on but believe me they can take it off faster. The big stacks run the show.
Can the big wigs manipulate the market, I don't enough about the stock market to answer that. As a layman, I would hazzard a guess and say yes, they probably could. Could they identify and target an individual, no.
I have thought about that scenario (along with many others) skc. Two people, one long, one short, both very strong winning attitudes at that specific moment in time. One possible explanation is that this sort of situation would never occur. Another possible explanation is that our understanding of one or both traders is flawed - we thought trader #1 was very positive, but he always got the wobbles after a huge winning streak. His inner dialogue is "wow things are going well.... a little too well" and doubt has crept in just at that very moment. Perhaps trader #2 has a brilliant attitude, but when placed under the microscope, falls to pieces. A third possibility would involve the idea of parallel universes wherein whatever trader #1 believes will occur occurs, whatever trader#2 believes also occurs, and whatever you believe will occur, occurs, and whatever I believe will occur occurs, perhaps all in sych inside the one universe, perhaps in 4 separate universes, all identical apart from one factor - viz the outcome of the trade. If the two traders had absolutely identical attitudes, then both would win in different universes. The idea of "observer dependence" - read here: http://www.sciforums.com/showthread.php?t=85553
By the way, parrallel universe theory isn't new age mumbo jumbo. Lots of links on the web.
What nm 4's posted below is what generally happens.Hey W
You're intimating that there's some conspiracy or devious plot afoot. I personally don't believe that's the case.
Well brokers are the only ones who know what stock you buy. I'm not a big stack but I do hear my stock purchases echoed from time to time.Could they identify and target an individual, no.
You too.Have a great weekend all.
Yes and that phase is what Tech/a and skc and skyquake (sorry if I left anyone out) have been through. There is a time to ease into the share market, a time to jump in boots and all into the share market and a time to close all positions and sit out of the share market.Most individuals start out cautious and as such stick to good basic trading principles without actually realising what they are doing but after a few wins start chasing the market thinking it is easy and are very quickly in the red, this happens to a surprisingly high number of beginners. (This is a simplified version but you get the point).
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?