SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Trade What You See, Not What You Think -- Ignore unavailable to you. Want to Upgrade?


To: aldrums who wrote (557)5/8/2001 10:16:07 PM
From: Threei  Read Replies (2) | Respond to of 867
 
you will realize there really is a random distribution of winners and losers for any trading setup that defines an edge.

This single idea being fully accepted can make a world of difference between winning and losing trader, IMO.

Vadym



To: aldrums who wrote (557)5/9/2001 12:59:50 PM
From: underdog430  Read Replies (1) | Respond to of 867
 
Alex,

While I do agree with the beliefs expressed in the book on a cognitive basis, you are correct in that I probably don't fully accept them yet. I was wondering how people have incorporated those beliefs themselves. The affirmations (or mantras or assumptions or whatever you want to call them) are something that I'm working on but I was curious if they've actually worked for others. The most disciplined traders that I've encountered were transformed in the conventional way - multiple account blowouts. Multiple account blowouts have a lot of emotional energy so I can see how they could cause someone to change in a fundamental way but I hope to find an alternative way of achieving change. I am going to read the book again because I do agree with the basic premise - that changing my basic beliefs is needed.

Thanks for your thoughts,

Mark