Re: [RT] mentoring...the last of a dying thread..

[Louis Roston <lroston@xxxxxxxxxxxx>]

Jim,
I'm fascinated by These 2 notes. I'd appreciate your sending me some of
the earlier notes.
While spending several years learning TA and Trading I continue to wonder
at the results if I used a dart board for selection. Winning or losing
is, in my opinion, more dependent on discipline which is a result of
one's mental processes and attitudes.  
Lou
At 11:17 AM 12/24/2002 -0800, you wrote:
Hi,
    I'd be happy to discuss/debate your post , bobskc,
below when we visit
Sanibel Island later this week but in the meantime-- I graduated Magna
Cum
Laude, so what,  from medical school and within 6 months of going
into
practice was nearly broke having overhead that was near exceding my
income.
Needing to do something desparate, I paid $30k (1980)to a consultant who
not
only changed how I practiced but changed more importantly 'how I
thought'
about practice.  This company through tapes,  personal
consults, mentoring,
newsletters, seminars, etc was able to change my deeply rooted
previous
parental imposed archaic thought process.  Within 12 months my
practice
increased financially 10x but to me the most profound and important
change
was 'how I thought' about practice......so as it turned out, regardless
of
where I set up practice in the future (and in my vagabond life I've had
5
separate practices in the last 22+ years),  it was successful not
because of
'my magic touch'...au contraire....but because of 'how I thought'
about
treating patients and having a practice.  They've found that the
best
physicians are not the 'A' students.  'C' students in the real world
make
better physicians(according to you and me the patient) than 'A'
students...because of their better communication skills, patient
rapport,
yada yada.
     These discussion groups spend, it seems, 95+% of
the time on system
methodology and 5-% of the time on the psychological manifestations
of
trading.  To my way of thinking it should in an ideal world be the
opposite.
I'm sure many 'A's would be given out on these discussion groups for
the
knowledge of methods and systems.  Yes, I love to 'tweak' systems to
death
like everyone else.  But is it really that last 'tweak' that is
going to
make a difference in our trading performance...probably not.  If we
were
able to think about and perceive that potential trade in a different
way,
would that make a difference....probably much more so.  It's easier
though,
to 'discuss' things  that are 'outside' of us, ie systems,
methods...much
easier say than asking ourselves to think about and to internally change
how
we think, how we perceive our environment....we all squirm a bit
over
'broadening' our own envelopes.....but which in the end, ultimately,
will
make the largest bottom line difference in our trading?  You can
change how
you think and what you think about...you just need to find the right
content
and source(and they're out there) and then implement it.
Jim

>Of course, we are all individuals so I can't speak for you but you
are
looking to be trained/taught something that >resides inside of
you.  It is a
product of your upbringing.  Your values.  Your life's
experiences.  For
someone else with >different ideas brought on by their own experiences
would
be most difficult to pass on to you, with yours.  Even the
>trading itself
is, in part, a product of your personality and what works for me, may
well
not work for you since our >personalities and life's experiences
differ.
Only you can add to your emotional account since only you have the
assets
>and baggage which must be a part of any change in that area.  In
my
opinion, you would be wasting your time and >money to attempt to bring
in
alien concepts to your landscape.  I do wish you well in your
quest.
  >>Bob








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