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Preview: Comments on TraderFeed: The One Thing That Transforms Stress Into Well-Bei...

Comments on TraderFeed: The One Thing That Transforms Stress Into Well-Being





Updated: 2016-08-14T03:34:09.589-05:00

 



Hi Steve,My other two books are academic books in ...

2007-01-31T13:06:00.000-06:00

Hi Steve,

My other two books are academic books in psychiatry/psychology; all my books are listed on Amazon. I have tentative ideas for two other books, but those are still in brainstorming stages. Thanks for the interest--

Brett



What are the other two books going to be about?

2007-01-31T13:00:00.000-06:00

What are the other two books going to be about?



Thanks for that recommendation, Kemper; I'll check...

2007-01-29T14:44:00.000-06:00

Thanks for that recommendation, Kemper; I'll check it out--

Brett



Brett,Thanks for the great topics and writing. A ...

2007-01-29T14:12:00.000-06:00

Brett,

Thanks for the great topics and writing. A quick note: have you come across Dan Gilbert's discussion at TedTalks forums? He has a video of his speech available at a number of places, google video being the easiest to locate. The discussion is very pertinent to the topic of how we perceive happiness, manufacture it when it isn't there, and how it may be a fleeting concept anyways. Very interesting. I would very much appreciate hearing your thoughts.

Keep up the good work,
Kemper



That's a great line about learning from experience...

2007-01-29T10:34:00.000-06:00

That's a great line about learning from experience, BZB Trader; thanks much!

Brett



Great post and a hard lesson for many traders to m...

2007-01-29T10:29:00.000-06:00

Great post and a hard lesson for many traders to master. I tell my trading students that:
There is only one thing more painful than learning from experience, and that is not learning from experience.
Paying attention to this will avoid the following consequence:
Some people learn from their experiences, some never recover from them.



Well said, John; thanks!Brett

2007-01-29T10:18:00.000-06:00

Well said, John; thanks!

Brett



Brett,Here is another quotation that I find to be ...

2007-01-29T10:15:00.000-06:00

Brett,

Here is another quotation that I find to be very helpful and comes from NLP "There is no failure only feedback".

Cheers,

John Cook



Hi Brandon,Great point; persistence is one of the ...

2007-01-29T07:13:00.000-06:00

Hi Brandon,

Great point; persistence is one of the traits that consistently shows up in studies of highly successful individuals. They are resilient and don't take setbacks very personally, which enables them to learn from those experiences. Thanks--

Brett



Thanks Stock Bandit,You're absolutely right, and t...

2007-01-29T07:11:00.000-06:00

Thanks Stock Bandit,

You're absolutely right, and that's one of the important reasons for exercising good risk management. If we draw down too much, we lose the ability to sustain optimism about coming back. Thanks for the comment--

Brett



Brett,Wonderful post! This is such a hard paradig...

2007-01-29T03:35:00.000-06:00

Brett,

Wonderful post! This is such a hard paradigm shift to achieve but very valuable. I have a few profitable trading systems that I have developed, but for each one I probably went through hundreds of different ideas and variations that were 'failures.' Most people would have probably quit after the first dozen. Also, even when an idea doesn't work, at the time, I always try to figure out why it won't work. If it isn't a problem with the logic, then I try to figure out what would make it work; and if the tools, conditions, or whatever, aren't available at the time, then I just mentally shelve the idea for later examination.

Trading is difficult, and no matter how you approach it, you will have a high failure rate in some sense. The flip side of all of this, though, is that now that I have these systems I've actually come across various means to greatly enhance their performance. All it takes is a few good successes to start making real headway.

BW



Excellent post Dr. Brett. If there's one thing tr...

2007-01-28T22:14:00.000-06:00

Excellent post Dr. Brett. If there's one thing trading teaches us, it's that we have to keep getting back up when we're knocked down. Paying attention to what the market is telling us through the "knockdowns" is what will help us stand more effectively (ie, grow our accounts).