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Strategies & Market Trends : Trade What You See, Not What You Think

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To: Dominick who wrote (317)1/21/2001 6:45:29 PM
From: Moving Sphere  Read Replies (1) of 867
 
Dominick,

Great analogy!

>>"And because you created "your own way" of swimming there is no rejection, therefore, no emotional conflicts or indecision, because it was developed from within. Like growing a new organ."<<

The only caveat in this "no rejection" is that there is a danger of blocking out new information that may contradict the recent acceptance of information after a long burn-in. Thus, as in your "swimming your own way" example, let's say you learned to swim your own way for awhile and now could manage to swim a mile in xx minute before you burned out. Then come a friend of yours who decide to show you a more"efficient" way to swim the same mile for a much shorter time frame than your xx minute. In other words, for the same xx minutes, you could swim more than a mile before you burned out. Because your body was used to your own way, the new way would have a hard time getting acceptance without some sort of resolve between your mind and your old habit. Depend on how much time you spent on training with "your own way", you could find it extremely difficult to accept a new way simply due to old habit and your innate reluctance to throw away all the effort you just made on "your own way".

However, I believe that our mind could bypass this time-consuming lesson of creating a new habit by using a process called visualization. This is a whole new subject to discuss and there are many books out there that are more qualified to explain its power than I can.

There is one book that I highly recommend because it helps me to train my mind in a very simple and efficient way. You will be surprised about the title but the principles behind it is definitely applicable to trading.

amazon.com

Thanks.

Cheers!
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