Trading Superstitions??

Relax and chat about anything not covered elsewhere.
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ruthlessimon
Posts: 687
Joined: Wed Mar 23, 2016 3:54 pm

Mon Sep 11, 2017 7:53 pm

LeTiss wrote:
Mon Sep 11, 2017 7:01 pm
Just what I thought.........this place is full of nutters
who's got the skulls & crystal balls on their desks, own up!!

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Euler
Posts: 14695
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ
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Mon Sep 11, 2017 9:10 pm

workpeter wrote:
Mon Sep 11, 2017 7:06 pm
My bots always seem to work better when I'm not observing or interacting with them.
We have a saying in the office that you quantum lock automation if you observe it.

oscar123
Posts: 404
Joined: Fri Apr 24, 2009 10:18 am

Mon Sep 11, 2017 9:12 pm

I used to be funny about the number 13 too, though after the horse Triskaidekaphobia won for me a couple of times at Wolverhampton I got over that.

Now I don't like it when I see the number 666, either on the grid, or in my pnl, I always see it as a bad sign. Hopefully somebody will have a horse soon called Hexakosioihexekontahexaphobia, so I can get over that one too.

I remember one day when I had been losing and chasing I checked my pnl at the end of the day to see what the damage was and it was bang on minus £666. That was quite spooky.

In all seriousness though, i realised that it is probably best not to have any number superstitions when trading, as if you are staring at ladders and grids all day, chances are you are going to see your favourite or least favourite numbers hundreds if not thousands of times a day.

oscar123
Posts: 404
Joined: Fri Apr 24, 2009 10:18 am

Mon Sep 11, 2017 9:24 pm

I also have a tendency where if a trade is going well I will leave the room. This is partly to try and let profits run and remove all temptation to cut out too early, though also in part superstition as I think the market won't move the way I want it to if I'm watching!

This is also a stupid thing to do, as I could be missing something really important, but I often do it.

I also only made this post because I didn't want to leave my post count on 400. Prefer 401.

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Euler
Posts: 14695
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Mon Sep 11, 2017 10:00 pm

What's going to happen when you get to 404?

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ShaunWhite
Posts: 1500
Joined: Sat Sep 03, 2016 3:42 am

Tue Sep 12, 2017 2:39 am

oscar123 wrote:
Mon Sep 11, 2017 9:12 pm
Now I don't like it when I see the number 666.
666 the number of the beast.
667 the fax number of the beast.

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to75ne
Posts: 1697
Joined: Wed Apr 22, 2009 5:37 pm

Tue Sep 12, 2017 6:25 am

stueytrader wrote:
Mon Sep 11, 2017 5:43 pm

Would that extend, I presume, to also never backing (laying?) at 13.0?

I've often wondered about that price for this reason...
possibly i rarely trade (open) anything above 8.if it was at the front of my mind 14 would possibly make me uneasy (13/1). oddly the thirteenth of the month does not bother me, even the dreaded friday. its all stupidity really.

oscar123
Posts: 404
Joined: Fri Apr 24, 2009 10:18 am

Tue Sep 12, 2017 7:53 am

Always listen to your (Bet)Angel, and never to your (Bet)Devil sat on the other shoulder.

Never chase your losses or go inplay.

All good traders go to heaven, bad traders burn in hell.
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stueytrader
Posts: 178
Joined: Tue Dec 15, 2015 6:47 pm

Tue Sep 12, 2017 11:32 am

Euler wrote:
Mon Sep 11, 2017 9:10 pm
workpeter wrote:
Mon Sep 11, 2017 7:06 pm
My bots always seem to work better when I'm not observing or interacting with them.
We have a saying in the office that you quantum lock automation if you observe it.
It's interesting one that - when I used to be a straight punter on Tennis long back, I always used to (or at least often it seemed) see one of my selections doing really well just watching a score, but the moment I turned on the TV/Video to watch them, my player was suddenly spraying DFs, UEs all round the flaming place! :lol: :|


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