[RT] Thank you

[ric ingram <ringram@xxxxxxxxxxxxx>]

Hi,
Thank you to all those who sent supportive emails.    They
were all appreciated.
One phrase piqued my interest: "especially for your persistence in
the face of often great hostility".
If you trade, you will get 'hostility' in the form of
running losses, and if a directional player, it might seem that the
market is strongly disagreeing with your position and your ego might
invoke fear to try and 'protect' you.     This fear
may be strong if you are overtrading but anyway it can seem like the
market is 'hostile'.
But it is just the market - it takes nothing personally and does not even
know you exist.
'If you cannot stand the heat get out of the kitchen' comes to
mind.
So persistence in the face of hostility is business as usual for a
trader.
Strength is measured by how flexible and robust you are in the face of
'adversity', not by how well you do in good times.
So many traders measure their success, as mostly buyers of stocks, in a
bull market.
When the music stops, many traders with a shallow base of confidence lose
the veneer of self-assurance they had along with their profits.
Perhaps, like the fire-fighters in New York, your metal is really tested
in times of trouble.    They would perhaps make excellent
traders as they demonstrate:
        -       discipline,
        -       a
service mentality,
        -       overcoming
of fear,
        -       under-trading.
If you see yourself as a fire-service putting out trading fires, yes you
may lose a trade or two, but you come out much stronger and richer on the
other side.
My advice is to do the trading equivalent of starting your own fire
service if you want to trade successfully and make money regularly with
little stress.
Do not wait for a tragic event to test your metal, refine your fire
service before the test comes so you pass with flying colours as did New
York.   
Unconditional regards, Ric.
www.traderscalm.com







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