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Re: Psychology of trading...


  • To: metastock@xxxxxxxxxxxxx
  • Subject: Re: Psychology of trading...
  • From: BGiroux <bgiroux@xxxxxxxxxxx>
  • Date: Fri, 14 Aug 1998 11:45:06 -0400 (EDT)
  • In-reply-to: <1.5.4.32.19980814114427.006b03d0@xxxx-2.worldonline.nl>

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derksenf wrote:
> 
> Hi Bruce,
> 
> "In trading 75% is psychological the rest is easy" (Robert Krausz)
> 
> I had and sometimes still have the same problem. It's always a fight between
> my consciousness and my sub-consciousness.  I call it: my wrestling.
> It has to do with our confidence-level.
> 
> A suggestion (which helped me a lot: Read interview wt Robert Krausz in New
> Market Wizards by Jack Schwager. If his story rings a familiar bell with you
> than you can contact Krausz at www.fibonaccitrader.com. He is a very nice man.
> Order his audio-tapes: Mental Harmonics for Traders. As it says: "Program
> yourself to trade succesfully by subconscious programming"
> It teaches you to get confidence in your trading-plan.
> 
> Also read Mark Douglas' book: The disciplined Trader. It's all there.....
> 
> Good luck and let me know how you fared,
> 
> Frans
> 
> At 19:05 13-08-98 -0700, you wrote:
> >Hello,
> >
> >I have a good mechanical system that works well for me.  I have found
> >that one of the most important parts of my trading activity relates to
> >my willingness to pull the trigger when the system generates the
> >signal.  My hesitation results in my profitablity being reduced.  I
> >would be interested in finding out if anyone else has had this problem
> >and if anyone might have a constructive suggestion.
> >
> >Thank you,
> >
> >Bruce Giroux
> >
> >

I have both books in my library and it would be a good time for me to
re-open both of them. I find that I read books of this type too quickly
and as a result I often miss quite a few gems in the process. 

Bruce