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Experience is the key word here, but experience at what? Writing
code/learning a methodology or trading it?
They are two very different things.
Bob
----- Original Message -----
From: "DanC" <danc@xxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, March 24, 2002 11:18 AM
Subject: Re: [RT] Immune Response
> With the charter of the list being the discussion of TA, systems, market
> analysis, trading techniques, etc., and with the occupancy of the list
(at
> least with the prominent contributors) being experienced and veterans of
the
> fray, I would be surprised to see anything more than, at best, disinterest
in
> the psy. side of trading life. Somewhat akin to demanding blood sausage
in a
> vegan restaurant.
>
> Dan
>
>
>
> Bob Heisler wrote:
>
> > Actually Ric does have a point in the beginning of his post. If you
start a
> > thread involving some new code, indicator/oscillator or some other
squiggly
> > line then your inbox will get flooded with responses. If on the other
hand
> > you start a thread on any psychological aspect of trading or something
to do
> > with trade management/money management then the thread ususally dies
almsot
> > immediately.
> >
> > This is something I have always found interesting because in my
experience
> > it's what you do once in the market that ultimately determines your
success,
> > not what got you in the market.
> >
> > I don't agree with the conclusions that Ric draws on why this happens,
but
> > his obsevartion of its occurence is right on.
> >
> > Bob
> >
> > ----- Original Message -----
> > From: Tom Bowen
> > To: realtraders@xxxxxxxxxxxxxxx
> > Sent: Sunday, March 24, 2002 1:07 AM
> > Subject: Re: [RT] Immune Response
> >
> > Norman,
> >
> > As usual you are dead on the money. Congratulations for being correct
and
> > not being afraid to call it like you see it.
> > I have routed all of Ric's ramblings to the delete bin via message rules
> > however reading your response and Ric's original rambling and raving
> > included in the thread has me rolling on the floor. He is entertaining
but
> > offers absolutely no value whatsoever to the world in general. I
originally
> > attempted to communicate with Ric and he did exactly what you indicate
in
> > your response (refused to listen). Then I realized that he is not
trying to
> > help anyone or accomplish anything constructive. He is using this forum
as
> > a means of entertainment. He rambles on about nothing to bait people on
the
> > forum into responding to him. The variety of the responses and the
ability
> > to generate disputes among list members is his warped idea of
entertainment.
> > My experience has been that if you ignore people like this they
eventually
> > go away because when no one responds to them the entertainment value of
> > their original intent is lost and their efforts are no longer rewarding
or
> > entertaining. You stand head and shoulders above him in integrity and
in
> > your ability to garner the respect of others so just ignore him and
route
> > his meaningless meanderings to the delete bin. You have far more value
to
> > offer this list than he so please don't let him bother you.
> >
> > God Bless and best wishes in all your future endeavors,
> > Tom
> >
> > ----- Original Message -----
> > From: Norman Winski
> > To: realtraders@xxxxxxxxxxxxxxx
> > Sent: Saturday, March 23, 2002 9:44 PM
> > Subject: Re: [RT] Immune Response
> >
> > Ric,
> >
> > Hypocrisy is preaching to a group about being a good listener and then
> > refusing to listen to what that group says to you.
> >
> > Cheers,
> >
> > Norman
> >
> > P.S. I don't expect you to pay any heed to this. I only posted to share
the
> > amusing irony of the moment.
> > ----- Original Message -----
> > From: "ric ingram" <ringram@xxxxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Saturday, March 23, 2002 9:49 PM
> > Subject: [RT] Immune Response
> >
> > > 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
> > >
> > >
> > >
> > > To unsubscribe from this group, send an email to:
> > > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> > >
> > >
> > >
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> > >
> >
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> >
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