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Old 05-13-2011, 06:38 AM   #121

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Re: Why are people attracted to trading?

Hi Ingot,

You have brought up a very good point in one of your posts and that is "what is fear driven and what is anxiety"

If anxiety is the creation of negative outcomes, then perhaps this is the state that faces Traders until they learn to dismantle it.

"Winning breeds confidence" is something I am very wary of, since it is also the breeding ground for over confidence.

If a mantra is required, I prefer "Stick to the basics, do them well and you cannot go wrong"
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Old 05-13-2011, 07:21 AM   #122

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Re: Why are people attracted to trading?

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Originally Posted by johnw »
Hi Ingot,

You have brought up a very good point in one of your posts and that is "what is fear driven and what is anxiety"

If anxiety is the creation of negative outcomes, then perhaps this is the state that faces Traders until they learn to dismantle it.

"Winning breeds confidence" is something I am very wary of, since it is also the breeding ground for over confidence.

If a mantra is required, I prefer "Stick to the basics, do them well and you cannot go wrong"
Thanks Johnw

I have decided to drop the subject now for 2 reasons:-
it is not winning me any friends, and
it makes me sound like a grumpy old man ...
both are probably true.

I think I'll go mainstream ... people don't want to be rocked out of their cosy little trances, and at the end of the day, traders I think just like to be gambling ... very few appreciate thinking differently.

I feel people don't really know what to make of my posts sometimes, but that is probably my fault for getting too intense about the topic.

Anyway - I have been giving psychologists a hard time - it's time to leave that and move on. They have a right to earn their living too, in the best way they know how. All I have tried to do is point out an alternative "self-help-for-traders" approach. I am happy to do my own thing now.

Have appreciated your input, and that of the other people who contributed and got me to clarify a bit of stuff - but this is a great forum, and the differences of opinion never spill into anything personal .

Thanks for your thoughtful stuff too mate - really makes me dig deep occasionally through reading .
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Old 05-13-2011, 07:43 AM   #123

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Re: Why are people attracted to trading?

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Originally Posted by Ingot54 »
Thanks Johnw

I have decided to drop the subject now for 2 reasons:-
it is not winning me any friends, and
it makes me sound like a grumpy old man ...
both are probably true.


Thanks for your thoughtful stuff too mate - really makes me dig deep occasionally through reading .
Don't be too hard on yourself.
This Site is all the better for your input.
I have always been a firm believer in shaking the tree occasionally to see what drops to the ground.
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