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In a message dated 1/31/98 9:26:03 AM Eastern Standard Time, JER3CUBE@xxxxxxx
writes:
<<
In the MARKETPLACE the only REALITY is ....PRICE !
>>
The trick to trading is to "act on what you SEE" and not on what
you "THINK"...(belief system = think) ...you see.
You could be "fearful" of crossing a street if you "think" you might get
run over by a cement truck....is not the same thing as actually
SEEING a cement truck headed your way.
Both of the above will keep you from crossing the street. Re-examining
our beliefs is a helpful exercise to not being "ruled" by them.
BE HAPPY : )
Gerryb/jer33:3
eccl 1:9
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Date: Sat, 31 Jan 1998 09:24:42 EST
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From: JER3CUBE@xxxxxxx
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Fwd: Trading Psychology
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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
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