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Hi,
This is short, but as usual I am still attempting to provoke you to
think.
Thank you for all responses - for I see them all as valid.
My 'master/student' email has evoked a range of responses from
"thanks", to "insightful", to
"thought-provoking" to"yes, but", to
"selling", to "garbage", to "long" to
"pedantic" to...
The sheer range of responses to the self-same email, suggests that the
response probably says more about each responder, than it says about the
content or value of any email they are responding to.
In particular the "selling" comment reminds me of Andy Warhol
who suggested that "Shopping is more American than
thinking.".
This mastery of emotional response or reaction is a key concept for
traders to grasp - or else they will be forever victims of the markets
whim (losers of capital) rather than an exploiter of whatever happens
(winners of capital).
So this is a key skill of repeatable successful trading and not giving
the money back - getting past your emotional reaction to recognise that
it is your emotional reaction that makes you a victim. Not
what the market does.
For those whose emotional responses are still clouding their ability to
see their emotional responses as just that - their responses (note the
ownership) - good luck in releasing yourself from self-imposed slavery as
one of lifes victims.
For those that do not need the luck, thank you for lighting the way, for
I am still somewhat in the dark and enjoying what little light others
have shed before me.
Unconditional regards, Ric.
www.traderscalm.com
P.S.
For those who complained of length, I notice many complainers attached my email in full.
Perhaps a case of the 'pot calling the kettle black'.
Another opportunity for self-insight perhaps?
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