[SIUYA]

Thanks Rande for the offer, I would definitely take it up if I choose to re-visit any mental conditioning/improvement help.
As for a recent invite to something I declined as while interested I was not trading and moving countries, so it would not have been appropriate to try and comment on my flawed emotional memory .....as such I am now getting back into the trading again (as well as a few other related projects) and so might revisit things as we get going.

Interestingly enough I have manged to automate a large section of the trading process that was giving me - lets call them - "m...fer" thoughts to do with admin - which I find more distracting than most trading decisions.
As well as improving some entry ideas via automation that I was toying with to make things easier that just having to watch the screen and wait - now I can wait, watch if needed and listen, and just make decisions based on trade management.....for those who interested I took a slightly opposite approach to what seems to be the norm....while most systems automate your exits, I prefer to automate the entries (they are not so systemised as to be backtested very well however) and then manage the trade - we shall see how it goes.....

Plus having a chunk of money locked up with MFGlobal has also given me unhinged thoughts of sticking a fork in John Corzines eye.....but that has nothing to do with trading really.

[Rande Howell]

Originally Posted by SIUYA »

Plus having a chunk of money locked up with MFGlobal has also given me unhinged thoughts of sticking a fork in John Corzines eye.....but that has nothing to do with trading really.

SUIYA

My condolences regrading MF Global. I know it's "just" money and its a money conversation that we participate in, but I never anticipated a shark in that area of the trading ocean. Fully expect it in the markets. And I'm wondering how can that much money just disappear.

Good luck, and good use of that money narrative of yours.

Rande Howell

[SIUYA]

thanks....
this says it all.

Poof it's gone! - YouTube

Poof it's gone! - YouTube

[Rande Howell]

Originally Posted by SIUYA »

thanks....
this says it all.

SUIYA

So funny, as my side hurts. Live to trade another day.

Rande

[bobcollett]

Originally Posted by Rande Howell »

SUIYA

Live to trade another day.

Rande

Dear Rande
Have you started trading?
Hows it going?
Kind regards
bobc

[Rande Howell]

Originally Posted by bobcollett »

Dear Rande
Have you started trading?
Hows it going?
Kind regards
bobc

Why would I do that? I do not have the necessary passion to drive the engine of trading. I do have passion for teaching people how to reconstruct their belief systems that trade though. One I have come to understand about satisfaction in life. You create it by finding your passion and living it. That is what attracts me to working with traders. They are a passionate group about their endeavor. And the measuring stick is black and white -- trading account. When I worked entirely with peak performance with other populations (particularly sales and corporate business folks), there was much grey area in interpreting what constitued peak performance.

Trading is like any other endeavor where performance is measured by result. You isolate the conditions that create peak performance, you find what beliefs stops the performer from achieving higher performance, you teach how to manage the emotions (and their meaning) regarding the uncertainty of performance, and you help them build the mind that enters the performance. I take great pleasure in seeing people learn how to do that.

It is working with the mind of a trader that interests me. And there is really nothing partially special about trading that makes it different from other endeavors, except that self deception costs money much quicker. Kinda like instant karma. That's the part I like.

Rande Howell

[gosu]

I never understood what was meant by the use of the word "passion" in regard to trading. The first time I heard the link between passion and trading was in a course I took a long time ago, where the instructor said something like, "in order to succeed, you have to have a passion for trading." Now I hear the phrase used all the time, by vendors and consumers, and even on a TV ad I saw on CNBC.

Personally, I think "passion" ought to be reserved for sexual relationships with the opposite sex (or the same sex if you lean that way). With regard to trading, I think a dispassionate attitude is best.

[johnw]

Originally Posted by gosu »

I never understood what was meant by the use of the word "passion" in regard to trading. The first time I heard the link between passion and trading was in a course I took a long time ago, where the instructor said something like, "in order to succeed, you have to have a passion for trading." Now I hear the phrase used all the time, by vendors and consumers, and even on a TV ad I saw on CNBC.

Personally, I think "passion" ought to be reserved for sexual relationships with the opposite sex (or the same sex if you lean that way). With regard to trading, I think a dispassionate attitude is best.

gm gosu,

You have somehow managed to miss the point entirely.