http://dayraider.forumotion.net/trading-psychology-theory-f4/-t1.htm A compendium of outside reading dealing with the mind, body, and soul of a daytrader. It is important to see where you are in "The Big Picture" of LIFE. You do things out of habit, peer influence, family influences, chemical imbalances, genetics, spiritual & moral beliefs. Sun, 07 Sep 2008 11:04:14 GMT 10 http://illiweb.com/fa/prosilver/site_logo.gif http://dayraider.forumotion.net/trading-psychology-theory-f4/-t1.htm http://dayraider.forumotion.net/trading-psychology-theory-f4/ten-core-ideas-of-trading-psychology-t18.htm Admin EDITOR: #10 is a great one! (all of these are very good, imo) Someone has already done this, just follow the trading rules and "think like an Institutional Trader". Notice how the writer stresses 'money management'. I would add to this an 11th Core Idea -- have someone else develop a logical way of discerning market reversals with low risk, and pay them about $200 a month to teach it to you! Ten Core Ideas of Trading Psychology from TraderFeed by Brett Steenbarger, ... Trading Psychology & Theory Sun, 07 Sep 2008 11:04:14 GMT http://dayraider.forumotion.net/trading-psychology-theory-f4/ten-core-ideas-of-trading-psychology-t18.htm#32 http://dayraider.forumotion.net/trading-psychology-theory-f4/ten-core-ideas-of-trading-psychology-t18.htm http://dayraider.forumotion.net/trading-psychology-theory-f4/changing-yourself-as-a-trader-t17.htm Admin EDITOR: To all those that enter this Forum dealing with past trading demons, this post is for you. Please appreciate the methodical, timed approach that is contained in DayRaider 1.1 -- and chuck your old preconceptions, bad habits, and assumptions. They HAVE NO PLACE here! As a recent politician has said...."C-H-A-N-G-E". Changing Yourself As A Trader from TraderFeed by Brett Steenbarger, Ph.D. A reader recently wrote to me of a dilemma: He is trying to change the way ... Trading Psychology & Theory Sun, 07 Sep 2008 10:59:00 GMT http://dayraider.forumotion.net/trading-psychology-theory-f4/changing-yourself-as-a-trader-t17.htm#31 http://dayraider.forumotion.net/trading-psychology-theory-f4/changing-yourself-as-a-trader-t17.htm http://dayraider.forumotion.net/trading-psychology-theory-f4/what-are-you-doing-between-trades-t16.htm Admin EDITOR: I'll keep this short and sweet. Focus & Memorize a couple basic, low risk reversal patterns in DayRaider 1.1. Identify the previous 'market condition' before trying to figure out the current 'market condition'. Each time the market condition changes, the Institutions are either REVERSING POSITION or ADDING TO THEIR CURRENT POSITION. If you need more info about this, IM me, and we can talk about it. I want you guys to THINK and TALK as if you are an Institutional Trader yourselves, ... Trading Psychology & Theory Sun, 07 Sep 2008 10:52:53 GMT http://dayraider.forumotion.net/trading-psychology-theory-f4/what-are-you-doing-between-trades-t16.htm#30 http://dayraider.forumotion.net/trading-psychology-theory-f4/what-are-you-doing-between-trades-t16.htm http://dayraider.forumotion.net/trading-psychology-theory-f4/three-common-mistakes-i-m-hearing-from-traders-t15.htm Admin EDITOR: Follow the DayRaider 1.1 Rules of money management, entering a trade only after projecting a profit objective(s), don't be controlled by emotions, trade because the odds are on your side (don't make stupid decisions, STICK TO THE PLAN!), use the forum post regarding "DayRaider Daily Routine" to avoid missed opportunities or being caught flat-footed. Three Common Mistakes I'm Hearing From Traders from TraderFeed by Brett Steenbarger, Ph.D. Here are some of the common ... Trading Psychology & Theory Sun, 07 Sep 2008 10:45:17 GMT http://dayraider.forumotion.net/trading-psychology-theory-f4/three-common-mistakes-i-m-hearing-from-traders-t15.htm#29 http://dayraider.forumotion.net/trading-psychology-theory-f4/three-common-mistakes-i-m-hearing-from-traders-t15.htm http://dayraider.forumotion.net/trading-psychology-theory-f4/do-individual-day-traders-make-money-t14.htm Admin EDITOR: trading with mechanical rules + knowing the 'behaviors' of the specific market put the DayRaider 1.1 Subscriber in a much better position to consistently make dinero, imo. Do Individual Day Traders Make Money? from TraderFeed by Brett Steenbarger, Ph.D. Trading lore has it that the average trader loses money in the markets. Some estimates put the proportion at 80% or even higher. When we think of all the potential disadvantages of the individual day trader, it's not hard ... Trading Psychology & Theory Sun, 07 Sep 2008 10:41:03 GMT http://dayraider.forumotion.net/trading-psychology-theory-f4/do-individual-day-traders-make-money-t14.htm#28 http://dayraider.forumotion.net/trading-psychology-theory-f4/do-individual-day-traders-make-money-t14.htm