It's happened ... right next to my last surviving jalapeno plant!!
And it doesn't even belong to my own cat - I can tell!
Shit Happens
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firlandsfarm
- Posts: 3317
- Joined: Sat May 03, 2014 8:20 am
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stueytrader
- Posts: 875
- Joined: Tue Dec 15, 2015 6:47 pm
I know it's a while since this thread was posting, but hope you don't mind me 'resurrecting' it again, as I thought it's another worthy topic on this specific forum.
As many will know, I'm fairly big on the different psychology experiences we go through as traders/punters in either short term of long term views.
I think the OP here gives a very interesting question that is the flipside of some of our other discussions about success psychology. It's the question of how do we act while facing a larger downswing. I think I know that many on here would just say 'don't let it change anything' as the answer - don't be affected at all etc.
But, that might be a tad unrealistic - we are humans with emotion, and sitting down to dinner on the 15th day of a losing strategy is hard (I've been there enough to know in the past).
In relation to my own previous experiences I've found there are a couple of 'key' points: staking and strategy effects. Sometimes you have to look at both, and make changes. The staking one can be pure need for finance balance - a large losing run can mean you reduce staking or you will start to overstake relative to funds. Strategy is probably self-explanatory, but if it's not working (for long enough) it simply has to change.
And that last point, is whole universe of potential each time you get to that.
As many will know, I'm fairly big on the different psychology experiences we go through as traders/punters in either short term of long term views.
I think the OP here gives a very interesting question that is the flipside of some of our other discussions about success psychology. It's the question of how do we act while facing a larger downswing. I think I know that many on here would just say 'don't let it change anything' as the answer - don't be affected at all etc.
But, that might be a tad unrealistic - we are humans with emotion, and sitting down to dinner on the 15th day of a losing strategy is hard (I've been there enough to know in the past).
In relation to my own previous experiences I've found there are a couple of 'key' points: staking and strategy effects. Sometimes you have to look at both, and make changes. The staking one can be pure need for finance balance - a large losing run can mean you reduce staking or you will start to overstake relative to funds. Strategy is probably self-explanatory, but if it's not working (for long enough) it simply has to change.
And that last point, is whole universe of potential each time you get to that.
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arbitrage16
- Posts: 568
- Joined: Tue Feb 14, 2017 7:27 pm
You’re addressing a trading psychology issue with risk management and other strategies.
Pick the right tool for the job.
Pick the right tool for the job.
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stueytrader
- Posts: 875
- Joined: Tue Dec 15, 2015 6:47 pm
I think that's kind of the issue though - trading psychology can be impacted by risk management/strategy used, and also vice-versa in a causal link.arbitrage16 wrote: ↑Tue Jun 24, 2025 10:59 amYou’re addressing a trading psychology issue with risk management and other strategies.
Pick the right tool for the job.
It's a symbiotic relation basically.
Bit of a wordy way to say it, but I hope you get the point.