Re: [RT] A mere student speaks

[calaxcorp@xxxxxxx]

Ric,

I want to learn more about the volatility breakout trading method you mentioned in your email below.  I went to your website and could not find anything on it.  Could you please send me more information about it, or direct me to find such info.  Thank you.

Sincerely,
Bill


In a message dated 2/10/2002 8:12:59 AM Pacific Standard Time, ringram@xxxxxxxxxxxxx writes:

Subj:[RT] A mere student speaks 
Date:2/10/2002 8:12:59 AM Pacific Standard Time
From:ringram@xxxxxxxxxxxxx
Reply-to:realtraders@xxxxxxxxxxxxxxx
To:realtraders@xxxxxxxxxxxxxxx

Hi,

I am a student of the easy, still learning.

I do not claim to be a master of anything, let alone a master of the difficult act of trading with the trend.

I am not a good enough trader to make money trading the trend - I leave that to the masters of the difficult.

One of my personal problems, which I am actively working on, is a tendency to look for others motivations.    This is self-destructive, as there is then an inclination to use such an (often false) assumption as lens to evaluate what they say and do.

False conclusions, more a reflection of myself than reality, are the result.    In trading this means losses.

One of the advantages I find in the following three trading styles:

        -       spread trading,
        -       volatility breakout trading,
        -       market making,

is I need to make little or no projections.     Even if a forecast proves wrong, a higher probability trade becomes available.   In other words my predilection for false assumptions through using motivation as a lens has little chance to undermine my trading results.

Many other traders seem to suffer, to one degree or another, from my problem of evaluation through a lens of presumed motivation - in fact it seems to be a rare person that has mostly overcome this tendency.

Perhaps that is why the majority of traders with consistent 50% plus annual returns and limited draw-downs use one or more of the above three trading styles.

But perhaps I am a master of one thing - a master of being wrong for I am wrong so often, I must be getting expert at it - especially when I look for others motivations.

And I do love being wrong - it is one of the best ways to learn.

Unconditional regards, Ric.
www.traderscalm.com 








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