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JER3CUBE@xxxxxxx wrote:
>
> 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 !!
NW: Price is a function of the collective perception of all traders.
Therefore, I guess we agree.
Regads,
Norman
>
> What you do or don't do with it is up to you.
>
> GerryB/jer33:3
> eccl 1:9
>
> ---------------------------------------------------------------
>
> Subject: Re: Trading Psychology
> Date: Fri, 30 Jan 1998 11:31:17 -0800
> From: nwinski <nwinski@xxxxxxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> References: <199801301552.CAA22285@xxxxxxxxxxxxxx>
>
> 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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