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I will try to be very concise :
1. One of the key things you mentioned was " after early morning self-
analysis " What led to this routine and the circumstances and the
form it takes is worth dwelling upon in detail .
2. The mentor idea if it means counselling with a view to benefit
from teachings / experience/ techniques has limited value potential
IF ON THE OTHER HAND
The mentor is to act as a mirror to help you see yourself so you can
do some remodelling within reason and in harmony with your
subconscious resistances then the value would be enhanced greatly .
3. For a trader like yourself using you would need to explore
conflicts over the need to know things for sure
issues in handling ambiguity of presentations and becoming very much
at home with being wrong and with not knowing something .
4. At a more advanced level issues of self-sabotage , risk etc...
I am one of those who believes that a fellow successful trader as a
mentor may be in fact quite unproductive and a distraction because
your makeup was decided before you embarked on trading [ which while
I would concede may have brought some things to the fore on careful
reflection they are issues of general style which permeate our entire
lives ].
Serge
In realtraders@xxxxxxxxxxxxxxx, Brian Keith Voiles <admagic@xxxx>
wrote:
> I really love all the feedback about getting/having a mentor.
> But I should have been more specific from the outset:
>
> I feel my challenges (and therefore my needs) are more
> along the lines of my mental game. I have certain
> "support and resistance" levels in my mental game that
> hinder my growth as a trader.
>
> I would like to find someone who is an expert at assisting
> others in overcoming mental roadblocks and what I call
> "psychological capital drainage" factors.
>
> For me, I have found that on any given day, after early
> morning self-analysis, there's a certain amount of
> emotional capital that I have to work with.
>
> I've found that the amount of emotional capital that I
> have in my "mental account" at any given time is of more
> importance than any amount of capital that's in my
> trading account.
>
> Bottom line is this: I have challenges with growing that
> amount of emotional capital -- by growing through my
> challenges (hopefully with the assistance of a "mental
> mentor" if you will) I will be able to grow my financial
> account as well.
>
> Soooo.....
>
> With all that in mind -- could someone recommend a
> one-on-one counselor, coach, mentor, or otherwise who
> you are confident can assist me in growing through
> my challenges?
>
> Thanks again to all who are so kind and generous with
> their time to reply.
>
> Warmly,
> Brian Keith Voiles
>
>
> At 10:31 PM 12/16/2002 -0500, you wrote:
> ><?color><?param 0100,0100,0100>
> >
> >----- Original Message -----
> >From: <mailto:mandrews@x...>mandrews@xxxx
> >To: <mailto:nwinski@x...>Norman Winski
> >Sent: Monday, December 16, 2002 8:11 PM
> >Subject: Re: [RT] Seeking a Mentor to Take Me Higher
> >
> >Norman,
> >Well said. I've always enjoyed reading your posts. The last time
we spoke
> >via e-mail, you mentioned that trading with Astrology one has to
trade a
> >particular market only if it happens to play the right tune on
that
> >specific date. If it doesn't happen to play the right tune when
the date
> >comes, then you stand aside. I realize it's not easy to make money
in the
> >market, if it were then everyone would be doing it, but how do you
know a
> >particular market has played the right tune until it's already
finished
> >it's song?
> >
> >NW: Mat, one doesn't have to hear the entire song in order
to "name that
> >tune:" Most people can identify Beethoven's Fifth Symphony after
hearing
> >the first four notes. Same is true for the market.
> >If my analysis and forecast say to expect A A B AA and the
market plays
> >BB B CC I know my forecast is not in tune with the market. If the
market
> >shows signs of matching what I expect, then there is a good chance
my
> >analysis is in tune with the market and I should consider entering
the
> >market.
> >
> >Mat
> >
> >P.S. I've always felt that if one could trade the markets
successfully for
> >a living, then they wouldn't need to sell
> >books/systems/courses/indicators, etc...
> >
> >NW: I say, why not do both? I trade and I enjoy meeting and
helping
> >people. Each brings me satisfaction that only doing one wouldn't
do.
> >
> >
> >
> >------- Forwarded Message Follows -------
> ><?/color>To: <?color><?param
0000,0000,8000><realtraders@xxxxxxxxxxxxxxx>
> ><?/color>From: <?color><?param 0000,0000,8000>"Norman Winski"
> ><nwinski@xxxx>
> ><?/color>Date sent: <?color><?param 0000,0000,8000>Mon, 16 Dec
2002
> >14:31:39 -0500
> ><?/color>Subject: <?color><?param 0000,0000,8000>Re: [RT] Seeking
a Mentor
> >to Take Me Higher
> ><?/color>Send reply to: <?color><?param
> >0000,0000,8000>realtraders@xxxxxxxxxxxxxxx
> >
> ><?color><?param 0000,8000,0000>[ Double-click this line for list
> >subscription options ]<?/color>
> >
> >DN,
> >
> >Per your question below, trigger shyness can be fixed with
practice. First
> >start with paper trading your system exactly to the rules,
assuming you
> >have rules or a system. Hopefully, after seeing your system
successfully
> >work on paper for at least six months, you may decide you are
ready to
> >trade real money. Now trade the same system using such a minimal
amount of
> >money that if all went wrong, it wouldn't phase you. You should
grade your
> >performance as much by how well you followed your rules as you
judge the
> >system. Making money on a trade where you didn't follow the rules
is a bad
> >trade. Losing money while following the rules is a good trade. If
your
> >system works and you follow it, you will make money in the long
run. If
> >you had trouble following your rules, you either need a different
system
> >or consider changing to a non financial venture such as Parchesi
where you
> >won't h
> >
> >Next patient! <G>
> >
> >Regards,
> >
> >Dr. Norm
> >Your Trading Doc
> >
> >P.S. I sense with all the books and software you have, you may be
> >suffering from
> >analysis paralysis. The answer of course is to simplify!! Get a
simple
> >system written
> >down on paper that you can follow like a robot. You should not be
making
> >any decisions
> >during market hours. All strategies should be determined in
advance. Just
> >follow what you
> >have laid out in advance just as you were a robot. No thinking
allowed.
> >----- Original Message -----
> >From: XINOS@xxxx
> >To: nwinski@xxxx
> >Sent: Monday, December 16, 2002 1:35 PM
> >Subject: Re: [RT] Seeking a Mentor to Take Me Higher
> >
> >
> >Norm,
> >Great advice to Brian.
> >Can you recommend any books/gurus/courses on EOD trading in the
Stock Market?
> >I have accumulated about $5,000 worth of books and about $10,000
worth of
> >software ((now u sing AIQ mostly) Advanced Get occasionally).
> >I'm a reluctant "trigger-puller." I've been a "student" for about
six years.
> >Any advice will be greatly appreciated.
> >
> >Dan Nicholas; San Diego
> >
> >
> >
> >
> >
> >
> >
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