Small thoughts to trader’s harmony

  • Mihaly Kriminal

    Member
    December 22, 2022 at 8:49 am
    430

    1.

    Do you know Mihály Csíkszentmihályi’s theory of flow?

    He is a famous Hungarian psychologist who researched happiness.

    He said performance is optimal when skill and challenge are balanced. (A1)

    If the ability is greater, we are bored. (A2)

    If the challenge is greater, we are nervous. (A3)

    If we develop knowledge, or we are in the flow, in a winner period, we can achieve greater profit with greater risk. (A4)

    In a losing period, it is advisable to go back to level A1.

  • Mihaly Kriminal

    Member
    December 30, 2022 at 6:43 am
    430

    2.

    You have to believe that you are a successful trader.
    Emile Coue’s method can also help in it.
    Say to yourself similar sentence every day:

  • Mihaly Kriminal

    Member
    January 12, 2023 at 11:17 am
    430

    3.

    It’s not just a cycle of market emotions. You have similar emotions when the profit curve changes on your account.

    Instead of it you have to stay calm and positive in every situations.

  • Mihaly Kriminal

    Member
    January 19, 2023 at 10:00 am
    430

    a turtle and a hare again… :)

  • Mihaly Kriminal

    Member
    January 23, 2023 at 2:43 pm