Have you ever witnessed or read about a family who repeats mistakes generation after generation? The unfortunate daughter whose father is an unemployed alcoholic who consequently finds herself in the same position later in life. The “great” buy & never EVER sell strategy that your grandfather used, then your father, now you? This is what I have defined as Micro-Evolution.

define: Micro-Evolution – Short term survival strategies that are learned unconsciously from childhood.

In typical evolution a mutation in the organism (psychological or physical) creates an attribute that will allow the organism to proliferate or suffer because of that mutation.  If this mutated characteristic is more advantageous than his predecessor’s attributes, this new breed will pro-create in larger numbers rendering it the dominate one.  This is different from micro-evolution in that it is not a mutation, but an unconsciously learned survival method.  Regardless of how successful one can be with a different strategy, your predecessor used it and it worked.  Your unconscious learned that it worked and instilled mechanisms to assure it would be used.

How do change your Micro-Evolutionary destiny in Trading?

By learning new habits through practice.

ThinkorSwim just integrated a new “on demand” feature.  This feature replays the market live from a certain date forward.  This would allow you to try new and different strategies.  You can watch a video on it here.

Furthermore,  (since my idea is now in a major platform, which I had nothing to do with) you can write a simple AutoIt Script to click the chart along allowing you to practice 24/7.  I discuss this in my youtube video here: Expertise in Day Trading.

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  • Tara M

    Awesome! Now I just need to stop doing it 🙂