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To ric et al,
Here is your automatic response. Since it was my so called dismissive
remark that this message was directed at I will respond. If I am challenged
in public I am going to be likely to respond in public. I am no
psychologist but if our motives are to be psycho-analyzed in public on this
form then don't be surprised buy a response.
Let's use our understanding of psychology to trade better and forgo the
negative kind. I have never heard a discussion about psychology here that
addressed the tendency to defeat ourselves when we take a risk(so that we
can say to ourselves; "told myself so"). There may have been such but I
have not seen it. For example I have told others that learning to trade is
like learning to ride a bicycle. Your tendency is lean into the one
teaching you because you don’t have confidence in the feeling of
equilibrium. However, when you learn to trust that feeling of equilibrium
it becomes a joy to ride. It is similar in trading. You act or react out of
fear and distrust until you learn to trust the equilibrium in the give and
take of trading. I believe that once you calm down and allow the market to
make it’s move you will find a similar joy. You must also learn when to
calmly take your losses and move on.
I believe that there is a positive psychology designed to help people and
a negative kind intended to tear others down. For example a good
psychologist knows when to speak and when to not to speak if he has nothing
good to say. I have little respect for many psychologists, some take money
to literally drug people into a comatose state. I have yet to meet a
psychologist that didn’t think he was superior to everyone else.
So here you have your automatic response, the question is, what will
happen to it from here. I also hope this helps.
Best possible regards,
Brent
----------
> From: ric ingram <ringram@xxxxxxxxxxxxx>
> To: realtraders@xxxxxxxxxxxxxx
> Subject: PSYCH: Automatic Response to Stimuli
> Date: Tuesday, April 07, 1998 3:44 AM
>
> T-bondtrader wrote:
>
> >The problem with posting to RT and then getting the comments back both
> through the forum and by way of private mail, is this: the dismissive
> comments tend to be on the public arena and the interested ones tend to
be
> private. Those reading and wondering get a biased view. Can't be
helped,
> because it is all part of the human condition.
>
> -------------
>
> My experience tends to support these contentions - positive private
> responses often seem to outnumber negative private responses.
>
> It appears that a majority of the negative responders copy their private
> response to the forum. It seems to say - "I am avoiding looking inside
> for answers" and "don't some of you, the crowd, support me? - I need the
> ego boost"
>
> I have also noted that the character of the reaction you get tells you
more
> about the nature of the responders automatic response mechanism(s) to
> environmental stimuli and the corresponding breadth of their perception
> skills.
>
> If only we, (that includes you and me), could be more aware of how
> automatic some of our responses often are...
>
> Like everyone else I have automatic responses. This may be one origin
of
> part of what we call 'crowd behaviour'.
>
> Some ideas and techniques that continue to help me understand and
sometimes
> to manage some of my automatic responses include:
>
> - if I feel or feel strongly (positively of negatively), my perception
> may be
> narrowed and what little I see may be clouded by adrenalin and
emotion,
>
> - if it hit a nerve, there is likely to be a significant emotional
> component to the response and a life lesson to be learnt,
>
> - if I am more objective about my reaction, I can use this to slowly
> adapt my
> behaviour,
>
> - considering my initial reaction iteself is a vehicle for personal
> growth and
> profits - however defined.
>
> "Psychological wealth" often precedes financial wealth.
>
> Hope this helps.
>
> Regards, Ric.
>
>
>
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