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basis211"One of the principal reasons so many successful people have failed miserably at trading is that their success is partly attributable to their superior ability to manipulate and control the social environment, to respond to what they want. To some degree, all of us have learned or developed techniques to make the external environment conform to our mental (interior) environment. The problem is that none of these techniques work with the market. The market doesn’t respond to control and manipulation."
"So what separates these two groups of traders? Is it intelligence? Are the consistent winners just plain smarter than everyone else? Do they work harder? Are they better analysts, or do they have access to better trading systems? Do they possess inherent personality characteristics that make it easier for them to deal with the intense pressures of trading? All of these possibilities sound quite plausible, except when you consider that most of the trading industry’s failures are also some of society’s brightest and most accomplished people. The largest group of consistent losers is composed primarily of doctors, lawyers, engineers, scientists, CEOs, wealthy retirees, and entrepreneurs.
Furthermore, most of the industry’s best market analysts are the worst traders imaginable. Intelligence and good market analysis can certainly contribute to success, but they are not the defining factors that separate the consistent winners from everyone else. Well, if it isn’t intelligence or better analysis, then what could it be? Having worked with some of the best and some of the worst traders in the business, and having helped some of the worst become some of the best, I can state without a doubt that there are specific reasons why the best traders consistently out-perform everyone else. If I had to distill all of the reasons down to one, I would simply say that the best traders think differently from the rest. I know that doesn’t sound very profound, but it does have profound implications if you consider what it means to think differently.
"Trading in the Zone: Master the Market with Confidence, Discipline, and a Winning Attitude" by Mark Douglas
"So what separates these two groups of traders? Is it intelligence? Are the consistent winners just plain smarter than everyone else? Do they work harder? Are they better analysts, or do they have access to better trading systems? Do they possess inherent personality characteristics that make it easier for them to deal with the intense pressures of trading? All of these possibilities sound quite plausible, except when you consider that most of the trading industry’s failures are also some of society’s brightest and most accomplished people. The largest group of consistent losers is composed primarily of doctors, lawyers, engineers, scientists, CEOs, wealthy retirees, and entrepreneurs.
Furthermore, most of the industry’s best market analysts are the worst traders imaginable. Intelligence and good market analysis can certainly contribute to success, but they are not the defining factors that separate the consistent winners from everyone else. Well, if it isn’t intelligence or better analysis, then what could it be? Having worked with some of the best and some of the worst traders in the business, and having helped some of the worst become some of the best, I can state without a doubt that there are specific reasons why the best traders consistently out-perform everyone else. If I had to distill all of the reasons down to one, I would simply say that the best traders think differently from the rest. I know that doesn’t sound very profound, but it does have profound implications if you consider what it means to think differently.
"Trading in the Zone: Master the Market with Confidence, Discipline, and a Winning Attitude" by Mark Douglas
no subject
Date: 2019-02-18 03:44 pm (UTC)no subject
Date: 2019-02-18 05:23 pm (UTC)Кое-какие вещи были и раньше описаны, многие переживаются в процессе, но всегда хорошо чтобы был згляд
психиатрасо стороны, довольно тонко все разобрано и приведено в систему в одном месте. Жаль что она мне не попалась лет 15 назад.no subject
Date: 2019-02-18 05:35 pm (UTC)Сорос был very enthusiastic по поводу только что изобретенного евро и со всей дури открыл лонгов. Евро уже торговался, но существовал только в безналичной форме.
Чуть ли не с самого начала евро постоянно падал против доллара,это была просто картинка """тренд""" из учебника. Но Сорос, у которого была репутация Человека-В Одиночку-Обвалившего Фунт-Стерлингов, считатся с этим не хотел.
Я помню самый день, когда вышли первые наличные евро - тут же цена пошла вверх и опять месяцами уже в вверх. Но Соросу к тому времени пришлось все или большую часть позиций закрыть.