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In a message dated 1/30/98 11:34:24 AM Eastern Standard Time,
nwinski@xxxxxxxxxxxxxxx writes:

<< 
    In the market, PERCEPTION IS REALITY. 
  >>

In the MARKETPLACE the only REALITY is ....PRICE !!

What you do or don't do with it is up to you.

GerryB/jer33:3
eccl 1:9
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Date: Fri, 30 Jan 1998 11:31:17 -0800
Reply-To: nwinski@xxxxxxxxxxxxxxx
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From: nwinski <nwinski@xxxxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: Trading Psychology
References: <199801301552.CAA22285@xxxxxxxxxxxxxx>
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ramon barros wrote:
> 
> Hi  Gerry
> 
> ----------
> > From: JER3CUBE@xxxxxxx
> > To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> > Subject: Re: Trading Psychology
> > Date: Saturday, January 31, 1998 2:34 AM
> >
> > In a message dated 1/30/98 1:15:56 AM Eastern Standard Time,
> ramon@xxxxxxxxx
> > writes:
> >
> 
> >
> > If you BELIEVE something...it is true, ipso facto...just because that is
> what
> > you "believe".
> 
> Now we'll be getting into an issue that has been around since Plato and
> Aristotle i.e. the nature of reality.
> 
> Placing it within this context, the issue can be summarized as follows:
> 
> Does my belief create my own reality? In other words is there objective
> reality?
> 
> I believe there is - but my perception of it may be distorted because of
> my psychological filters. As a rational human being, and trader, my job is
> to perceive reality as accurately as possible.
> 
> Thus when I say "I believe" it is a shorthand way of saying "based on my
> experience and knowledge, my perception of reality is...."
> 
> > Note: when talking about "beliefs" you are no longer talking about
> psychology.
> 
> We'll have to disagree on that. For me, belief systems are a critical
> component
> of psychology.
> 
> > The question then becomes.....Is "the belief" valid?   Where does it come
> > from?  Does it serve me well to be ruled by "fear and greed"?
> 
> In asking the above, are you not asking the same thing I am but in a
> different
> form? e.g.  is a "valid belief" one that accords with reality? etc
> 
> regards
> 
ray,
   In the market, PERCEPTION IS REALITY. 

Perceptively,

Norman
> 
> R Barros
> 101/25 Market Street
> Sydney NSW 2000
> Australia
> 
> e-mail: ramon@xxxxxxxxx
> tel:        61 2 92673470
> fax:       61 2 92673478