Risk is felt, it’s not something that can be quantified despite the failed attempts of many. 2/9
Short thread on emotions in trading
A common meme is that the best traders are the least emotional. I’m calling BS on this.
I’ve analysed the Psychological make-up of many brilliant traders over many years using psychometrics. And whilst this isn’t scientific research.
1/9
Risk is felt, it’s not something that can be quantified despite the failed attempts of many. 2/9
The fact that they don’t suppress their emotions aids this process.
They use their emotions as
3/9
Feeling their emotions & being aware of them enables them to identify opportunities & threats with great haste, giving them an edge over ‘less emotional’ types who are not able to
4/9
By contracts the less emotional types can tend to be overconfident & don’t always see (because they don’t feel) the degree of risk or threat in situations.
I am not saying emotional or unemotional is superior. Both types can and do succeed.
5/9
What matters is congruence: There are certain 6/9
For emotional types, I ‘tend’ to find that the shorter-term/faster the style or signal, the better it is.
7/9
Again this creative ‘edge’, which isn’t necessarily unique to, but seems to tend towards, emotional types, can be highly valuable to designing systems or new methods.
8/9
More from Trading
If you wish to learn abt trading,psychology,options,business etc
You can go through this thread.
Other than this I do post videos on my YT channel : -Abhishek Kar & Tradiostation
-Intraday views on FREE telegram : Abhishek Kar Official
RT will be appreciated
1. Threads to learn Options
https://t.co/wabkek43I8
2. https://t.co/OIDenHKdWN
3. Some core rules to investing
https://t.co/37d1pygp7P
4.Summing up 2020 Trading lessons
https://t.co/jSUb1lSGbQ
5.Effects of margin change on
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— Abhishek Kar (@Abhishekkar_) December 29, 2020
The entire thread will have some quick pointers on options trading. These bullet points are based on experience and learning and even if you are completely new,will help you to build some perspective. So,lets go :
6. Exciting story about a trader who destroyed a Bank
https://t.co/CsEEhIsD3q
7. Some Thought Provoking facts about stock markets
https://t.co/IjxpX5Wx24
8. A dose on Trading and investing
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— Abhishek Kar (@Abhishekkar_) October 11, 2020
This thread is about the trader who with his reckless trading destroyed the entire Barings bank. In case you would like to read more such informative threads,do not forget to retweet and share as acts as encouragement
9. Top 5 resources to learn everything about stocks
https://t.co/6KnIySBGIG
10. Some Pro Tips on Trading
https://t.co/EiSGikt7jv
11. Wisdom on stuffs you should not do
https://t.co/bI2dH0XTSS
12. Reasons why you are losing the
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— Abhishek Kar (@Abhishekkar_) July 21, 2020
The following thread will have top 5 for everything you need in the world of stock market and as learner who wants to REALLY grow. Make sure you #retweet the thread and let it reach the maximum number of people as sharing is caring.
13. The DARK side of stock market
https://t.co/qsteGcbquI
14. Stocks where you should NOT invest
https://t.co/2tD5q0K3UQ
15. Lessons from MILLIONAIRE trader
https://t.co/Pec6LmUtGa
16. Lessons from my
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— Abhishek Kar (@Abhishekkar_) July 6, 2020
In the following thread you will understand a few dark truths about stock trading as a profession.
Sadly everyone touches the only green side but there has to be a balance. Don't forget to #retweet for wider reach.