[thalestrader]

Originally Posted by BlowFish »

I wonder whether having implicit trust is something to do with it? I think one of the reasons people have difficulty with trading (in general) is that whilst they acknowledge certain 'truths' they don't completely and unconditionally accept them.

I think that is true, and as you and I have both said early on, and others have more recently offered, she did not have a brainful of baggage to contend with as most of us do by the time we get to a place such as this.

And of course, another factor in her favor is that she was all about the ticks won vs. lost, and not concerned with making money or losing money. Not too long ago, MidK posted about his struggles and wondered about our weekly PnL. I thought after that that it does more harm and no good to post PnL figures in dollar terms, so any PnL I may mention going forward will be strictly in terms of ticks(pips) won/lost, and not dollar terms. After all, the focus should be on capturing more pips of price movement than one loses. The money will follow.

Best Wishes,

Thales

[thalestrader]

Originally Posted by BlowFish »

My girlfriends grandmother learnt Russian to read war and peace "as it should be read" (to quote her).

There is much to be said for reading an author in his or her own language, though I do believe a careful and sensitive translator can convey the author's intent (I'm one of those old fashioned folks who think that a writer's intended meaning can be accessible to the reader, even across time and culture). At the same time, a careless translator, or worse, a translator with a certain ideological agenda, can destroy a text beyond recognition in the process of translating. If one were to read Jowett's Republic, and then the Allen Bloom translation, one might find come away feeling that one or the other got something wrong given the differences. By the way, I'd argue that Bloom got it right.

Best Wishes,

Thales

[Kiwi]

Richard,

What were/are you teaching?

I ask because you seem to be talking about one style of teaching/learning and its not necessarily completely applicable to trading.

Years back I learned to ski. And over time I improved my skiing and like many applied the 1-2 lesson per year approach. Like traders, skiers arrived at instructors with their own baggage (the pain of large crashes, broken bones, the impact of previous styles of skiing and teaching).

When we started the Austrians held sway and teaching was as you described. Over time we went through french, american, and even zen influences. Over time, less intellectual and more effective techniques were developed and an important element was less talk and more modeling and shaping. Watch, do, "try pressing down a little with your big toe", wow. Very personal and very effective.


Discretionary trading is not unlike skiing. Good days truly flow down a slope of unending opportunity.

[BlowFish]

Originally Posted by thalestrader »

I............... I thought after that that it does more harm and no good to post PnL figures in dollar terms, so any PnL I may mention going forward will be strictly in terms of ticks(pips) won/lost, and not dollar terms................
Best Wishes,

Thales

I wonder if that is because your daughters account is larger than yours now

[thalestrader]

Originally Posted by BlowFish »

I wonder if that is because your daughters account is larger than yours now

I'll bet she's doing a bit better than many of the "elite traders" posting on that other forum.

Best Wishes,

Thales

[thalestrader]

Originally Posted by thalestrader »

Hi Folks,

Making some pre-open notes.

Best Wishes,

Thales

A quick look at the opening gambits ...

Best Wishes,

Thales

[Gabe2004]

Originally Posted by BlowFish »

My girlfriends grandmother learnt Russian to read war and peace "as it should be read" (to quote her).

Was the Russian version the first one she read?

Gabe

[Gabe2004]

A good start for the week.
44 pips on EJ with 1 unit only.
Reason was - potential closing of the gap which happens many times on Sunday.
For the rest of the week I will trade/annotate the EJ only as per the system of this thread.

Gabe