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Hi Brent,
Having just returned from a few days skiing in NH, I read all of the
posts relating to jawad's trading at one siting. I found it interesting
that some people immediately encouraged and congratulated him, while others
offered doubts and disparagement. Your comments where the only ones
offering something we all could learn from. Congratulation on the excellent
left brain thinking.
Good luck and good trading,
Ray Raffurty
-----Original Message-----
From: BrentinUtahsDixie <brente@xxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Sunday, January 17, 1999 1:49 PM
Subject: Gen: Why are child Traders often more successful.
>RT's,
>
>I was thinking about this and it occurred to me that there is a small
lesson
>to be learned here.
>You take a child and he has never carried the burden of providing for a
>family, of real responsibilities. For this example we will say that this
>child is not trading money that he earned from doing real work and that the
>money is not his to lose.
>
>You take the pressure out of the trading equation and presto it's a
>different world. Your wife doesn't divorce you if you lose your rear, and
>the bank doesn't take your house away etc., etc. I saw a program not too
>long ago where they tested people's response to taking a test under
>different degrees of pressure or stress. BIG DIFFERENCE. The stressed group
>preformed much worse then the group that was unstressed.
>
>Also kids may not complicate the effort the same as an adult and are just
>playing it the same as they would any computer game.
>
>Whether we like it or not to be successful we need to find ways to deal
with
>this stress. To be in control of our emotions if you will. Controlling our
>trading situation is in my opinion the first step towards this. Things such
>as not over trading, using stops, being prepared, being educated . You get
>the idea.
>
>Brent
>
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