We care less if we win or lose, if we see that Nothing can be taken away from us, as Being.
We can't lose ourselves, so we don't feel lessened if we lose.
https://t.co/4a8iBsm7rV
We should not try to “beat” the market, to be above it, more important, so we don't feel "beaten" by the market when we lose.
Don't take it personally.
We are not "above" the market when winning, thus we are not "under" if losing.
Losing doesn't mean that we are "less".
@urakarla Necessarily we must be confident that we are in doubt. We validate that. There is no confirmation outside of ourselves. So how can we ever be doubtful? :)
I am NOT here to "help you win" in #trading.
*Do not #trade from a loser POV.
Because then you act like a loser.
Success is normal. Success is what you are.
@rjparkerjr09 So to answer maybe "What is it about human nature that makes it so easy for even very smart people to follow their biases" ... Confusing BIAS with CONFIDENCE. And the more "smart" one is, the more so called "confident" he is. Wow :)
@rjparkerjr09 The "loss aversion" can have its complementary, when people leave a losing trade open - until the point of no return... Confusing that with CONFIDENCE. Justifying an unfortunate decision is the BIAS.
"What is it about human nature that makes it so easy for even very smart people to follow their biases. The only solution is to turn over your decisions to a set of rules that will eliminate the biases. I am going to have an outside force bind me to good behavior. This is the foundation of quant [systems] investing - forcing good behavior on fallible humans."
https://t.co/n3lNGyDxwa
Peace of mind, and the feeling of stability
We believe that once we achieve victory over the market, stability will follow
Yet what if we are winners if we have stability in the first place…
then we don't chase, we don't ask or pretend from the market to give us what it can't
@tradermike1234 Also we should not judge ourselves in case of a falling balance curve. Guilt can't help, and leads to compensation mechanisms such as overtrading, fomo, a.s.o.
It's best not to take loss personally, so you can see your edge, your strategy more like an administrator.
One fact that demonstrates traders are spiritual:
They know price / value is a mentally attributed value, so actually they know everything is priceless.
So, why judge and define ourselves based on a falling balance line? We are priceless :)
@FTMO_com Overtrading is a compensation mechanism.
When we take loss personally, when feeling we are less.
Who we are, can never be more or less, regardless our equity curve. Just trading with peace of mind :)
@R0BC0D3R@AlphaMind101 Yeah... It's good to be aware that we act based on our interpretation of the market. And an opinion is just an opinion, is just an opinion, is just an opinion :), wow.