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Ric,
Not sure how you do it but when I read your posts it is like the computer
voice of "Hal" from Space Odyssey 2001 . . . how do you do that?
----- Original Message -----
From: "ric ingram" <ringram@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, January 31, 2002 8:03 PM
Subject: [RT] Spam and Trading - Reactions and Responses
> Hi,
>
> Recently there have been some complaints about spam.
>
> We will look at what all the fuss is about and how this strongly relates
to
> trading behaviours and success in trading.
>
> What is the problem with spam?
>
> I get lots of junk snail mail in the post.
>
> About 25 years ago I used to get upset with Readers Digest sending me
about
> 6 to 8 letters a month spread between my parents house, my apartment, my
> girlfriends place and my office.
>
> Eventually I returned one of the letters from each address in a parcel
> containing a building brick and placed no postage stamps on the parcels.
>
> It worked, for about a year, when the letters recommenced to my office
address.
>
> Now I do not get angry or even upset with junk snail mail.
>
> I accept that junk mail is normal, and occasionally useful, and I can
> suppress most of it if I want to or turn most off individually.
>
> Some I throw away based on the source identified on the envelope such as:
>
> - unknown (to me) credit card companies,
> - certain magazine offers.
>
> So I occasionally discard without opening, some I read and enjoy, a few I
> find interesting and even rarely I might become a customer but mostly I
> discard after a quick browse at the contents.
>
> This is not a problem for me.
>
> How is spam any different?
>
> The answer is it is a new medium, and the cultures response to spam has
not
> matured, or the cultures response is not commonly understood, or a bit of
> both perhaps.
>
> In this context, some peoples emotional reactions to spam are felt to be
> validated when others (apparently the majority) seem to be of like
> mind. I do not know what the majority opinion is - and do not really
> care. Anyway the majority opinion is constantly developing.
>
> As in many such situations of group emotional reinforcement processes
> (often called crowd behaviour) we feel justified by not being alone in our
> feelings. When this happens, we can get righteous in our indignation
and
> can express ourselves with anger. Often our expression has a paradoxical
> element - a simultaneous complex of requiring strokes that we are right
> about this terrible spam, and strong assumption that we are obviously
right
> about this terrible spam.
>
> Spam is just spam - it is not evil nor is it the very essence of God - it
> is just spam and the internet equivalent of junk snail mail.
>
> So what is the real problem - if any - and what is the relevance for
trading?
>
> Perhaps it is mostly in the nature of some peoples reaction to spam.
>
> The problem is not the spam, but an angry or frustrated or upset reaction
> to it.
>
> We influence how we perceive events in the environment.
>
> We can, to some degree control, our reactions to perceived events in the
> environment.
>
> As traders, to be successful, we need to perceive one (of many) realities
> of the market without taking what the market does personally.
>
> When we take the markets behaviour personally, we give ourselves
permission
> to see the market as upsetting or frustrating or angering us. And so,
to
> varying degrees, we lose, in the fog of emotion, our reasoning powers.
>
> This is as a good a recipe for losing (or giving back winnings) when
> trading as I know of.
>
> The market just is.
>
> Spam just is.
>
> Getting upset at the market or spam does not help unless exercise of
> emotions is the game we are playing to win - in which case getting upset
> makes a lot of sense.
>
> Forget about spam outside and look inside for your source of joy - your
> choice of perception and considered response rather than emotional
reaction
> is yours to choose.
>
> Let spam get on with its job.
>
> It will settle down whether you are angered or not.
>
> But meanwhile enjoy life - do not look for things to get upset with -
> especially when you cannot realistically influence them.
>
> I recommend selecting happiness not anger.
>
> What do you think is better?
>
> Unconditional regards, Ric.
> www.traderscalm.com
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