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

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To: Threei who wrote (585)5/11/2001 6:43:45 PM
From: The Flying Crane  Read Replies (2) of 867
 
>>"Something in this makes me feel like I disagree... but I can't word it yet... "<<

Perhaps specific trading talent is really the ability to shut down our thinking process and trade what we see. It is the thinking part, while an important part in all other areas of business endeavor, that is causing all the problem in trading.

So, who can shut down the thinking part and trade without fear or greed? I believe everyone has the ability to do so from the time we are born into this world. It is the programming of our mind (formation of our belief systems) since our childhood that created a psychological wall that blocked us from removing the thinking part while trading.

Therefore, I will say the real question is:

"Who has the talent to put his/her belief systems aside and trade what you see, and not what you think?"

In summary, everyone one of us has the inherent "ability" to trade what you see and not what you think. Thus, it is those who has the "talent" to sidestep his/her belief systems (those beliefs that get in the way of trading) that will have a better chance to trade successfully by not thinking while trading.

Cheers!
:-)

Edit: Threei, just read your previous post on self-control. I concur. But I see self-control more a function of our own belief systems. Those with very strong belief systems that tend to contradict what the trading system required, the harder it is for self-control to be successful. While those whose belief systems that contradict the trading system to a lesser degree, self-control is easier. And from those whose belief systems is in line with what the trading system required, they are considered to be the world best traders.
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