:looks around:
Fact: About 80% of your brain is water
and judging from this thread, the other 20% must be psychology
Becoming a student of the market
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To be fair, my post was partly tongue-in-cheek, but only partly. I did post earlier that of course you need more than a good mindset, and of course knowledge about how to trade is also essential.ruthlessimon wrote: ↑Fri Jun 08, 2018 11:24 pmCor blimey, you've really blurred the lines with that onestueytrader wrote: ↑Fri Jun 08, 2018 10:33 pmEven bots were programmed by humans, with their own psychology at work during that time. And if we move into manual trading then of course every single action comes essentially from a person's psychology.
That's like saying "exams are all psychology". True, but not applicable.
But, the point I'm trying to make clear is that everything we do comes down to our own (fallible) psychology in essence, and that this is a far wider issue than simply not losing discipline. So keeping that 'in mind' (pardon the pun) is pretty important to all traders IMO.