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Hi,
If a new thread is started on some obscure aspect of technical analysis,
this is OK, will often be built upon, and will not get any accusations of
introducing an out of the blue topic.
If a new thread on some psychological related topic is started -
immediately an host of people will rush forward to reject the foreign body,
like an immune response.
It suggests that what a vocal group of people on this forum like to speak
about is what they find interesting, comfortable and does not challenge
them to change.
It suggests that while most traders understand that trading is 90%
psychology, there is an unchallenged rule that we must avoid the most
important issues involved in trading - so we can collectively and
individually avoid having to change.
Sad really. In my dictionary it is called hypocrisy. You pretend you
are polite and nice and sincere and provide service, but you will not even
tell your best friend they have body odour. For you fear attack by your
friend more than you wish to help your friend. You are selfish and
hypocritical.
Hypocrisy shows up, not in reasoned agreement or disagreement or discussion
of the merits and demerits of the psychological ideas presented but in:
- avoidance of the topic,
- rejection of a 'new' topic,
- accusations of 'too long',
- concentration on problems of style,
- filtering out the message,
- accept or reject style of reaction,
- reversion to crowd behaviour,
- feelings of discomfort or confusion,
- attacking the messenger,
- ...
If any of these descriptions partly fit you, in respect of your handling of
a psychological thread on this forum, even to a small degree, what are you
going to do about it?
Some do take some active steps and make comments about 'what is the
problem, just delete', but will not come forward and tell it how it
is. Are they afraid that they might also be attacked by an immune
response? I suspect so - and I suspect their perceptions are correct.
But then these crowd behaviours are destined to keep in place the high
failure rate of traders - but never mind, it is more comfortable to be a
loser, or if a winner to fail to realise your true potential.
As an individual, not a member of a crowd, do you not deserve to give
yourself something better? I think you are worth it - why don't
you? Act as an individual, not a member of a crowd.
Some of the same people who go straight into reject mode in public, are
more circumspect when writing to me in private, for deep down they know
they have something to learn, but cannot admit it in public forum. What
does that tell you about crowd behaviour? What does it tell you about
its destructive influence? But of course, you have no need to change!
If you are as imperfect as I am, then boy do you need to change.
I find change a joy - there is so much to learn. So many problems and
mistakes and misconceptions to overcome, so many new ideas to digest and
old beliefs to discard.
There is something to learn from everyone - we are all the same and all
different simultaneously.
So many more ways to increase reward to risk ratios, lower risk of ruin,
recognise opportunities, ....
But only if you can get past acceptance and rejection modes of reacting can
you begin to take personal responsibility - a characteristic required for
change to be possible.
Show that you can change, start a psychological topic yourself - and laugh
at the immune response. You will learn much, especially from the private
emails, where reasoned agreement and disagreement go hand in hand with
challenging questions.
And that is what life is about perhaps, learning, helping others, being
helped. But to be cynical for sake of stark comparison, there is always
the good feelings of crowd membership to fall back on!
May your potential be realised, Ric.
www.traderscalm.com
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