The answer lies in each individual learning a whole lot more abut their own feelings. There are impulsive feelings and there are intuitive, unconscious pattern recognition feelings – one is helpful and the other is deceptive.
When actually I finally listened to someone who understood auction market theory I realized that every thing I more or less knew about TA was encapsulated in a market profile chart.
Or better put, get your psychological capital in line – front and center – and always the thing to be managed alongside of the probabilistic or mathematical risk.
When you feel confident, presuming you do sometimes feel confident, where do you feel it? Can you feel it in your brain or is it in your thorax (i.e. middle part of your body)? Better yet, why do I ask? Well if you think about it, part of our mission here at Trader Psyches is [...]
Psych cap – emotional intelligence – judgment – feelings – ambiguity perception…. can we get this organized? Ok 1. Markets are only human 2. The numbers are only a clue 3. The brain knows it 4. The brain believes it is in the jungle fighting for survival 5. The brain knows how to survive and [...]