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That is one of the reasons you get chips in Vegas. It isn't real. Ira.
Bob Fulks wrote:
> 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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