59 South said:
thirdcoast said:
About to finish "Handbook on TA" in OP and 6 chap into "Trading in the Zone" by Mark Douglas. Next is "Mastering the Trade" by John Carter.
The TA is obviously huge, but the mental/attitude stuff in Trading in the Zone, has really been influential in exposing my common trading mental flaws. Already a 180 in my perspective on trading. I highly recommend. Today I couldn't help but think about the parallels in doomed traders blaming market and not taking ownership of failures, and the chaos we are seeing today with SJW/victimhood culture. Those people are just as doomed as the traders who stay in a losing trade due to their fundamental analysis and blame market for moving against them. Not to get political, but many good life points about cutting out the emotion and BS in life.
Thanks for all those who rec'd these books and continue educate.
Underrated post, needs moar starz!
I'll respectfully disagree, in part because the singling out of one political group only paints half the picture.
Everyone who feels deeply moved to engage in politics does so from a position of defending their identity against a perceived threat to that identity. Whether it's your race, religion, money/job, heritage, or even merely your high opinion of your own ideas, we tend to perceive opposite opinions as threats to the parts of our life that make us who we are. As my FIL loves to say "throw a stick into a pack of dogs and the one who yelps is the one that got hit." We all feel like victims and that's why we fight back.
And yes, I realize my own hypocrisy in bringing this up, but I do so because I think deep partisanship on both sides is being spun up by the media on both sides and it's worse now than ever before. I think the inability to compromise is going to destroy this country more than any single issue, and comments like this one just deepen partisan thinking because it takes something that's really a universal truth about our failings as humans and says it's only "them" that do it.
