|
PureBytes Links
Trading Reference Links
|
Hello charles,
fwiw--I was a psychologist in a corporation for 25 years--dealing with
dysfunctional organizations, not so much with individuals. But when I
took up trading I was surprised at how many psychologists and
psychiatrists were traders, some famous--Jake Bernstein, Alexander
Elder. (That's not to count the number of "coaches" who have
discovered that traders are just as lucrative as yuppie housewives.)
I've attributed this to the following--
psychologists often have a significant immersion in statistics.
markets, like individuals, small groups and large organizations
entail uncertainty of behavior.
they have (sometimes) developed a degree of self-awareness that helps
them in their trading, particularly regarding self-deception.
they (sometimes) have developed an understanding of group/crowd
behavior that allows them to (think) they better understand market
extremes.
like me, they got so friggin tired of dealing with people that they
like interacting only with their computer, their trading software and
their electroninc friends :)
--
Best regards,
Jim Johnson mailto:jejohn@xxxxxxxxxxxxxxxx
Sunday, March 24, 2002, 1:30:32 PM, you wrote:
cm> Bob-
cm> Thanks for SHARING.<g> How many shrinks does it take to change a light
cm> bulb? Only one; but the bulb has to want to change.
cm> It was Freud who stated that self-analysis was really not possible. Of
cm> course
cm> he was the notable exception for it was mostly through his self dream
cm> analysis
cm> on which the new art and science of psychoanalysis was based. Having said
cm> that; I don't think there is any supporting scientific proof on the efficacy
cm> of any type of analysis; and the more time one spends in this arena; it
cm> seems one is
cm> able to recognize an analysis du jour. I have also read where the same
cm> type of personality change that we envision from a Western perspective can
cm> be effected through the daily practice of meditation. Those who have been
cm> practicing that for years are said to resemble individuals who have been
cm> completely transformed; as through some type of psychological therapy or
cm> traditional psychoanalysis. Quicker changes have been effected through
cm> what Jung described as a spiritual transformation. That's for those real
cm> stubborn folks who make a decision to effect a change in their lives through
cm> some sort of spirituality; and when almost everything else they have tried;
cm> failed to make a difference.
cm> Chas
cm> ----- Original Message -----
cm> From: BobR <bobrabcd@xxxxxxxxxxxxx>
cm> To: <realtraders@xxxxxxxxxxxxxxx>
cm> Sent: Sunday, March 24, 2002 12:07 PM
cm> Subject: Re: [RT] Immune Response
>> Eventually some traders do get around to examining this area of trading
cm> when
>> they can't seem to get it together after years of trying or perhaps they
>> just want to polish up one aspect of their already sucessful trading. One
>> trader on this list loaned me a set of audio tapes from a $3,000 psych
>> seminar. The psych's personal experience and thesis was the mkt was
>> entirely random and it could change direction immediately after putting on
cm> a
>> trade. Must have taken too many hits. Early in the seminar one of the
>> students asked him if he still traded, and after a pause the answer was
cm> no.
>> At least he was honest. He would rather take $3,000 from ten people in a
cm> 2
>> or 3 day session than risk trading. Can't criticise him for that since he
>> found his niche and that is what its about. The seminar continued, but I
>> have yet to get through these tapes and keep falling asleep. Back in 1992
>> when I retired(not from trading) at age 50 I had time to wander a bit and
>> had the good fortune of living with a female psychiatrist for a year.
cm> Each
>> morning I would jump out of bed an hour before the mkt opened and prepare
>> for the day. Then I would go into the next room where the old mac IIfx
cm> and
>> win 3.0 with TrendSetter and MSrt or TS3.0 were and traded for an hour and
cm> a
>> half. When she discovered it was possible to make more money in 7.5 hours
>> of work than in 30 days of prescibing meds to prison inmates, she
cm> concluded
>> that something was wrong with me! Her goal was to "cure" me whether I
>> wanted it or not. One morning on a walk past the nearby bird sanctuary I
>> asked her if a psychiatrist could be her own therapist. Of course it was
cm> a
>> loaded question as I thought she was loony as hell, and so did most of the
>> neighborhood. Her answer, after a pause, psychs like to pause, was "No".
>> It really was an interesting and unforgettable year of my life.
>>
>> bobr
cm> To unsubscribe from this group, send an email to:
cm> realtraders-unsubscribe@xxxxxxxxxxxxxxx
cm> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
------------------------ Yahoo! Groups Sponsor ---------------------~-->
*** Web Design *** Flash Animation *** Programming ***
Find the best Designers, Programmers & Consultants at Elance
Post Your Project for FREE. Click Here.
http://us.click.yahoo.com/dgjnMD/LB0DAA/cosFAA/zMEolB/TM
---------------------------------------------------------------------~->
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|