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At 4:46 PM -0700 7/7/99, THOMAS BECK wrote:
>Just a random thought I had. Hope it sparks some response.
>
>I am by no means a master trader and I don't pretend to any
>particular skill or knowlege. I'm a rank amateur at this game trying
>to get better. I am however starting to get a feel for the psychology
>of trading problems that more experience players have tried to
>express here on real traders.
In a former life I had a job where I was responsible for deciding
where to invest millions of dollars of my employer's money, which new
projects to fund, etc. I got pretty good at it and it didn't bother
me a bit to make such decisions.
So now when I trade I mentally think of it as "company money", not my
money. If I started think of it as:
"two jet skis, a small ski boat, five big screen TV's, twice the value
of my current car, XX days work, XX months of mortgage etc.,"
I would never be able to trade.
Bob Fulks
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