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R'Ters
I agree with this post.
Take the emotions out of trading, and with a solid trading plan, it's almost
an exact science.!
Regards
Trevor De Vries
> -----Original Message-----
> From: BrentinUtahsDixie [SMTP:brente@xxxxxxxxxxxx]
> Sent: Sunday, January 17, 1999 8:42 PM
> To: RealTraders Discussion Group
> 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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