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Re: [Fwd: Samurai



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Steve,

Point well taken, and thanks. Although I have misgivings about some Zen, or
other mystical types of meditation or what have you it's what works for
you. Sometimes I do better in a trade if I become detached and not even
watch the market.

This business of centering reminds me of my first lesson in framing. If you
are trying to drive in a nail and you look exactly where you want to hit
the nail you will hit that spot with the hammer virtually every time but if
your concentration wanders and you look at the penetration point of the
nail or anywhere else you will often miss the head of the nail. Using an
axe is similar. Now there is no mystical power at work other then the
wondrous coordination of our mind and body but it works like magic. You
don't even have to practice.

In trading you need to identify the head of that nail and not look at
anything other then your plan. Then strike when the time is right and
you'll hit the nail right on the head every time. If you missed then you
likely messed up somewhere along the way.

Brent

 

----------
> From: Steve80866@xxxxxxx
> To: brente@xxxxxxxxxxxx
> Subject: Re: [Fwd: Samurai Trader's Email Digest   Issue # 13   October
3, 1998]
> Date: Saturday, October 03, 1998 1:25 PM
> 
> Brent,
> 
> I think you miss the point.  Toppel's post is not about intelligence or
what's
> right or wrong in the market.  The content of his message can certainly
be
> debated.  What he is pushing is the inner attitude that quiets those
> emotions/conflicts you named.  Call it Zen, intuition, experience,
centering,
> or whatever, I think it is a deeper knowing of what is really going on. 
I
> would find it hard to believe that good traders don't develop some form
of
> this deeper "intelligence" regardless of their intellectual intelligence.
> 
> (Despite some rave reviews by some, I don't find Toppel's books to
enlighten
> me much, but I think his subject is right on.)
> 
> I enjoy your posts.
> 
> Good trading,
> 
> Steve