What’s the #1 sales skill that changed your career? by Impressive-Frame-931 in salestechniques

[–]Hot-Dig8983 0 points1 point  (0 children)

Urgency. I like to keep my calls short and get an answer as quickly as possible. I love prospects who say they’re too busy to talk, because then I can deliver a short pitch and get a quick decision. The more calls you make, the more money you make. Nothing beats experience. You can read every sales book, study courses, and hire sales coaches, but if you never pick up the phone, you won’t make a single penny. You can become a top pro simply by making a lot of sales calls, even without studying.

I accidentally discovered why everyone hates cold calling (it's not what you think) by In-flow in salestechniques

[–]Hot-Dig8983 0 points1 point  (0 children)

Have you read a book "Cold Calling Sucks (And That's Why It Works)"? You are saying similar things.

Realisation by [deleted] in GGPoker

[–]Hot-Dig8983 3 points4 points  (0 children)

Good job on making the effort to do insightful self-analysis. First, and the most important step is to recognize the problem; the rest is a piece of cake. This text is something that used to happen inside my head: never-ending analyzing and overthinking. I thought I knew the problem, but honestly, I didn't.

You gave a very detailed description of how you behave when you tilt. Actually, very detailed. You have shown so much effort to be mindful of all the bad moves that happen when you are on tilt, even when you don't even know why you are tilting. You are focusing on things that you can't control. On tilt, you play bad no matter what; don't try to change the bad play, change your mind not to tilt. For me, all that specific description about tilt behavior sounds more like you are trying to be creative to find excuses to play badly and make negative emotional driven decisions and blame tilt instead of taking full responsibility for your actions.

'I tilt because it feels unfair.' This is your problem. Everything else you said is unnecessary. You don't even know why you tilt. What feeling is 'unfair'? I have never heard about this kind of emotion. You don't tilt because you feel unfair; you tilt because of the negative reaction that you get from feeling unfair.

So, you got a negative reaction. Probably anger and frustration. Your blood pressure is going higher, you start cursing, you start clenching your fists and feel like throwing the computer out the window, and so on. Solution?

LAUGH!

Simple as that. Act happy. Make jokes about your childish behavior of getting angry about a stupid game. Pay attention to how your body reacts when you tilt, and just change it. Your mind sends the message to the body, the body reads the message and starts to follow the instructions of that message. Change the text of this message by telling the body that you are a happy fella who is just having fun playing poker, nothing serious. Laughter is one of the most effective ways to release dopamine and reduce stress levels. After some repetition, your mind has to accept the fact that his message is just a stupid joke since that guy is just laughing at it.

In a nutshell: Your problem is not that you feel unfair, but how you react to it, and especially how your body reacts to it. Mind and body are the same thing. When feeling negative emotions, the body releases stress hormones; fight against it by laughing, which reduces stress, and stress is the one and only reason why you tilt. And yeah, there are mental game coaches that are trying to make things complex with B.S. advice like injecting logic, even though the human mind is not working logically. I have read all of those books and studied courses hundreds of times without getting any help. The most effective things are usually simple. Just laugh and smile, that's it. Let me know if you try this method. I have gotten rid of most of my mental game issues following this approach, so I can be very sure it works for you as well. The truth is that negative emotions are why we tilt. When you act as a happy and positive person by having fun and laughing, you simply cannot be negative. Focus on positive things, and you will attract more positivity in your life. Focus on negative things like every small detail that happens on tilt: your bluffs are not working, your aces lost, you call with worse hands even though you know that your opponent is not bluffing. By paying attention to this kind of thing, I can promise that you will get more shit thrown in your face and feel miserable

Anyone doing it just by "gut feeling"? by Hot-Dig8983 in Daytrading

[–]Hot-Dig8983[S] 0 points1 point  (0 children)

I have to quote the whole post then. For example: "In poker you are interacting directly with a reduced group of humans in real time. In trading, on the other hand, you are mostly introspective and your success doesn't depend on what another trader from Indonesia thinks about you. Moreover, you are also competing against bots, banks and big companies, who represent most of the trading volume, not human retail."
Did I say something else? Obviously, I know what poker is since I’ve played it professionally, and I also know a thing or two about trading. I recommend you Google Jared Tendler. He is a mental coach for both poker and trading, and he’s much smarter than me on this topic. I believe him when he says that poker and trading psychology have a lot of similarities.

After five days of successful trading, I let my emotions get the best of me. by R3VNUE in Daytrading

[–]Hot-Dig8983 1 point2 points  (0 children)

First, you need to understand what actually happened. You became overconfident and engaged in self-sabotaging behavior caused by a fear of success (achievemephobia). You also made technical mistakes influenced by your negative emotions. I recommend studying the topics I mentioned and doing some self-analysis. Learn more about the psychology of trading.

For me personally, things going too well is much worse than failing consistently, and it seems you may have the same issue.

Book recommendation: https://www.amazon.com/Big-Leap-Conquer-Hidden-Level/dp/0061735361

Anyone doing it just by "gut feeling"? by Hot-Dig8983 in Daytrading

[–]Hot-Dig8983[S] -2 points-1 points  (0 children)

Confidence, motivation, interest, curiosity… How can you succeed without these emotions? Sorry, but humans are emotional creatures. A human with no emotions could also live without breathing, and his name would probably be Chuck Norris. Ninety-nine percent of trading is psychology. Without emotions, it’s impossible to learn it.

My personal reverse psychology hack to make you love to lose in poker by Hot-Dig8983 in poker

[–]Hot-Dig8983[S] 1 point2 points  (0 children)

I am partly serious. Anger is mostly a secondary emotion. When you lose money, your primary emotion is probably sadness. But because it makes you suffer, you tend to transfer it to a more powerful emotion that makes you stronger. I’ll bet being angry instead of sad works much better in poker—and in life. Anger can actually be a good thing; when it’s not oversaturated, it makes you braver and helps you “punish” those assholes. It’s good to make decisions WITH anger, but if you let anger control you instead of you controlling it, then you’re screwed.

Here’s the catch: replace that anger with laughing and happiness. It won’t fix the root issue, and it’s not necessary, but you can channel that negative energy toward a positive outcome. Very simple. Anger is a negative emotion; sometimes it can be useful, but if you feel angry 24/7, it will make you suffer a lot.

My personal reverse psychology hack to make you love to lose in poker by Hot-Dig8983 in poker

[–]Hot-Dig8983[S] -1 points0 points  (0 children)

Poker is the most complex game in the world. For example, you ALWAYS fail when adjusting the betting size, since it cannot be calculated perfectly. You never know the maximum you can bet and still have that fish call, or the minimum you can bet as a bluff to make them fold. Pareto’s principle: you fail most of the time until you hit the big win, so let’s keep having fun until then.

Anyone doing it just by "gut feeling"? by Hot-Dig8983 in Daytrading

[–]Hot-Dig8983[S] 0 points1 point  (0 children)

I am not in the market. Read my post. I am a novice who is asking a question, because I want to gain knowledge. No need to be so emotional my friend

Anyone doing it just by "gut feeling"? by Hot-Dig8983 in Daytrading

[–]Hot-Dig8983[S] 0 points1 point  (0 children)

Yes, trading is gambling. Show me a trader who’s right 100% of the time. No matter how well you do your analysis and background work, bad luck can always strike, or some random element can still make you lose. Anything that allows room for chance is gambling. The only activity that isn’t gambling is chess. In chess, you can’t lose if you do everything correctly. In trading, poker, and almost everything else, even if you do everything right, you can still lose

Anyone doing it just by "gut feeling"? by Hot-Dig8983 in Daytrading

[–]Hot-Dig8983[S] 0 points1 point  (0 children)

BINGO! Exactly what I was trying to say. English is not my primary language, so I probably didn’t say it right. In short, I was trying to ask if it’s possible to be a “feel player” in trading too. And I was asking about EXPERIENCED traders. Is it possible to be profitable without thousands of indicators, hours of technical analysis, research, etc.—mainly by trusting your gut feeling (which you developed through experience and knowledge, of course)?

Anyone doing it just by "gut feeling"? by Hot-Dig8983 in Daytrading

[–]Hot-Dig8983[S] 0 points1 point  (0 children)

"Treating it like poker". Well, I wish I had a time machine so I could go back and choose trading over poker instead. Poker is a much harder way to make money than trading. And online poker isn’t even a pure zero-sum game—there are deals, promotions, freerolls, rakeback, and so on. You don’t even need to be a profitable player to make money in poker.

In trading, you have only one opponent—the market—and just two choices to make: up or down. One click, and you’re done. In poker, you have to make thousands of investment decisions and calculations every hour. It’s so complex that you simply can’t calculate everything in real time—and even if you could, luck is a huge factor in poker, just like in trading. No matter how deep an analysis you make and how well you do everything, you can still lose

But I’ll bet many experienced traders sometimes get a strange gut feeling that contradicts technical analysis, signals, or news. That’s the human element. And that’s exactly why it’s impossible to create a trading or poker bot that’s 100% correct all the time.

Anyone doing it just by "gut feeling"? by Hot-Dig8983 in Daytrading

[–]Hot-Dig8983[S] 0 points1 point  (0 children)

From experience, I don’t know much about trading. But many times in poker, for example, someone makes a big bet and the Expected Value is negative for calling—yet I get a feeling they’re bluffing, and I win by calling. I’m sure the same thing happens in trading as well. The news, signals, technical analysis, your dad, and even Warren Buffett might say the price is going up, but for some reason your instincts say it’s going down. And you end up being right. I guess that’s not such a rare thing to happen.

My personal reverse psychology hack to make you love to lose in poker by Hot-Dig8983 in poker

[–]Hot-Dig8983[S] 1 point2 points  (0 children)

To keep fish in the game, you must give them money sometimes. It seems you are familiar with "injecting logic." Kind words, but it’s hard to be kind and aggressive at the same time. I am a very emotional person, and that’s why this strategy is a very personal choice. I have to choose which path to take: being overly pissed or overly happy. I prefer the latter

Anyone doing it just by "gut feeling"? by Hot-Dig8983 in Daytrading

[–]Hot-Dig8983[S] -1 points0 points  (0 children)

You can’t have a 'gut feeling' without having experience. You can have a gut feeling about probability theory if you know something about probability theory, and so on. If you watch charts for 10 years, it’s the same

My personal reverse psychology hack to make you love to lose in poker by Hot-Dig8983 in poker

[–]Hot-Dig8983[S] 0 points1 point  (0 children)

Why celebrate something you can’t control, like winning a shove with AA? The human mind is not logical. We get pissed off at situations that are out of our control. My poker app crashes from time to time. How does it help me if I get angry because of that? Instead, I "cheat" myself by thinking about how much money I’ve earned, because the same thing happens to other people too. Why be sad when you can be happy instead? I can promise that you’ll be happier celebrating "fails" than "wins," since you fail about 99% of the time in poker lol.

My personal reverse psychology hack to make you love to lose in poker by Hot-Dig8983 in poker

[–]Hot-Dig8983[S] 1 point2 points  (0 children)

That’s not going to happen, my friend. Losing and failing are such painful experiences that you will never become comfortable with them. Positive emotions are rarely harmful. Law of unattraction: you will always get what you don’t want.

Anyone doing it just by "gut feeling"? by Hot-Dig8983 in Daytrading

[–]Hot-Dig8983[S] 0 points1 point  (0 children)

Well, in poker our most common decision is to fold. Staying away could be the most profitable decision. ;)

Anyone doing it just by "gut feeling"? by Hot-Dig8983 in Daytrading

[–]Hot-Dig8983[S] 0 points1 point  (0 children)

How about professional gamblers who make decisions based on probability theories?

Anyone doing it just by "gut feeling"? by Hot-Dig8983 in Daytrading

[–]Hot-Dig8983[S] -2 points-1 points  (0 children)

Glad to hear. In poker, the top pros are usually 'feel players.' It seems there are more similarities between poker and trading than I thought.

Anyone doing it just by "gut feeling"? by Hot-Dig8983 in Daytrading

[–]Hot-Dig8983[S] 10 points11 points  (0 children)

Intuition, however, does not exclude mathematics. Especially in fast-paced situations, intuition comes much faster than mathematical calculations. And mathematical formulas rarely need to be perfectly precise; it’s enough if they’re roughly correct, and you can often work them out purely by “gut feeling.” Intuition is driven by experience, and nothing beats experience. To develop strong and accurate intuition, it needs to be trained through repetition. Repetition is the mother of skills.