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Does anyone remember the line in the movie Amadeus when Wolfgang
commented on someone else's opera as having "too many notes?" Perhaps
therein lies the answer.
Chris
--- In realtraders@xxxx, ric ingram <ringram@xxxx> wrote:
> 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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