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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 Yahoo! Groups Sponsor ADVERTISEMENT To unsubscribe from this group, send an email to: realtraders-unsubscribe@xxxxxxxxxxxxxxx Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service. Lou Roston Yahoo! Groups Sponsor ADVERTISEMENT <img src="http://us.a1.yimg.com/us.yimg.com/a/am/ameritrade/120402_am_ban_off_x82_x_300x250_6.gif"; width=300 height=250 border=0> To unsubscribe from this group, send an email to: realtraders-unsubscribe@xxxxxxxxxxxxxxx Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
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