Dead But Dreaming

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Old Jul 21, 2005, 8:56am   #1
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Dead But Dreaming

We've just published a new T2W article called "Dead But Dreaming" by Brett Steenbarger.

Quick Summary: Traders have some very deep down drivers of their actions, but they can be controlled.

PS. Don't forget to rate the article after you've read it and share your comments on this thread.
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Old Jul 21, 2005, 8:56am   #2
 
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not quite sure what this is about. seems quite high-faluting.
all this revisiting painful memories and replaying them seems similar to NLP, where you vividly recall past events, and try to replay them with a positive outcome.

sufficiently vague as to be interpreted anyway you want.
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Old Jul 21, 2005, 10:29am   #3
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Must be 30 years ago I remember picking up a 'course' in a second hand bookshop entitled if memory still serves me... 'Auto Self Suggestion' ...in essence it was pretty much along the lines suggested in the article ..relaxation techniques couple with imagery ...to be frank it didn't help me pick up more women ..but the relaxation technique I learned back then I still use today when faced with a 'stressful' situation and that has proved it's worth many times over ...as Kipling wrote ....

"If you can keep your head when all about you
Are losing theirs
and blaming it on you,
If you can trust yourself when all men doubt you,
But make allowance for their doubting too;
If you can wait and not be tired by waiting,
Or being lied about don't deal in lies,
Or being hated don't give way to hating,
And yet don't look too good nor talk too wise:
If you can dream-and not make dreams your master;
If you can think and not make thoughts your aim;
If you can meet with triumph and disaster
And treat those two imposters just the same;
If you can bear to hear the truth you've spoken
Twisted by naves to make a trap for fools,
Or watch the things you gave your life to broken,
And stoop and build 'em up with worn-out tools:

If you can make one heap of all your winnings
And risk it on one turn of pitch-and-toss,
And lose, and start again at your beginnings
And never breath a word about your loss;
If you can force your heart and nerve and sinew
To serve your turn long after they are gone,
And so hold on when there is nothing in you
Except the will which says to them: "Hold on!"

If you can talk with crowds and keep your virtue,
Or walk with Kings-nor lose the common touch,
If neither foes nor loving friends can hurt you,
If all men count with you, but none too much;
If you can fill the unforgiving minute
With sixty seconds' worth of distant run,
Yours is the Earth and everything that's in it,
And-which is more-you'll be a Man, my son!"
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Old Jul 21, 2005, 10:36am   #4
 
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chump,

one of my fave poems, along with Masefields "Sea Fever".

however, dont recommend the

"If you can make one heap of all your winnings
And risk it on one turn of pitch-and-toss,"

a martingale strat if ever there was one.
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Old Jul 21, 2005, 10:43am   #5
 
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Moving on

Chump - Kipling, takes me back to many years ago when book reading at school and home was popular. In later years the bedtime reading to my children relating to the exploits of "Ratty" and "Mole."
The rooting through old book shop shelves etc. Enough - I am showing my age
(Apologies for digressing - overtaken by a tear of nostalgia for a distant childhood)


The Moving Finger writes; and, having writ,
Moves on: nor all your Piety nor Wit
Shall lure it back to cancel half a Line,
Nor all your Tears wash out a Word of it

-- Omar Khayyam
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....Indicators show the past. Price Action "Indicates" the future.
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Old Jul 21, 2005, 11:21am   #6
 
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Article is long on self indulgent melancholy.

Admit it Brett Steenbarger, your a goth!
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Old Jul 21, 2005, 5:52pm   #7
 
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Pure waffle
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Old Jul 21, 2005, 9:15pm   #8
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Yeats had the last say...but he really should have added 'traders' to the list..

WE sat together at one summer's end,
That beautiful mild woman, your close friend,
And you and I, and talked of poetry.
I said, "A line will take us hours maybe;
Yet if it does not seem a moment's thought,
Our stitching and unstitching has been naught.
Better go down upon your marrow-bones
And scrub a kitchen pavement, or break stones
Like an old pauper, in all kinds of weather;
For to articulate sweet sounds together
Is to work harder than all these, and yet
Be thought an idler by the noisy set
Of bankers, schoolmasters, and clergymen
The martyrs call the world.'

And thereupon
That beautiful mild woman for whose sake
There's many a one shall find out all heartache
On finding that her voice is sweet and low
Replied, "To be born woman is to know --
Although they do not talk of it at school --
That we must labour to be beautiful.'
I said, "It's certain there is no fine thing
Since Adam's fall but needs much labouring.
There have been lovers who thought love should be
So much compounded of high courtesy
That they would sigh and quote with learned looks
precedents out of beautiful old books;
Yet now it seems an idle trade enough.'
We sat grown quiet at the name of love;
We saw the last embers of daylight die,
And in the trembling blue-green of the sky
A moon, worn as if it had been a shell
Washed by time's waters as they rose and fell
About the stars and broke in days and years.
I had a thought for no one's but your ears:
That you were beautiful, and that I strove
To love you in the old high way of love;
That it had all seemed happy, and yet we'd grown
As weary-hearted as that hollow moon.
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Old Jul 21, 2005, 9:29pm   #9
 
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I actually thought it was very good, and gave it a 10
cheers d998
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Old Jul 21, 2005, 10:57pm   #10
 
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Nice to see some quality poetry here.
As for the article, I thought it ok for the audience it's aimed at. The problem is exactly that. Some find it great and others of little use. Perhaps that's a reflection of both experience and expectation.
I would never slate anyone's efforts.
It is very US orientated, of course, so I gave it a hanging chad.
Richard
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Old Jul 21, 2005, 11:12pm   #11
 
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Did the title, "Dead but Dreaming" trigger the poetry, gentlemen?
Which reminds me, "Do Androids Dream of Electric Sheep?"
Great film, with wonderfully lyrical words at the end.
Richard
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Old Jul 21, 2005, 11:30pm   #12
 
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Times past

Quote:
Originally Posted by Mr. Charts
Did the title, "Dead but Dreaming" trigger the poetry, gentlemen?
Which reminds me, "Do Androids Dream of Electric Sheep?"
Great film, with wonderfully lyrical words at the end.
Richard
Youthful nostalgia for the written word methinks

Especially so after marking so many essays lacking the literary flair and command of English of yore

Maybe the next intake will uncover a budding essayist
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Old Jul 21, 2005, 11:40pm   #13
 
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AFAIC, Steenbarger's dead on. Anyone who works with beginners and not-so-beginners for very long will be impressed at how the same reasons for bravado and fear of loss and failure of discipline and so forth keep cropping up: trying to prove to (one's father, a teacher, a counselor, a wife, an ex-wife, a bully of one sort or another, etc) that one isn't such a loser after all, can too stick to a plan, can too fight rather than flee, and so on. In other words, the fear of being, for example, stopped out has little to do with losing the money, but with, for example, proving to oneself that one's father (or whoever) was right after all and that one is in fact an undeniable loser.

While his efforts to relate his client's experiences to the markets can sometimes be a stretch, Steenbarger's book is excellent, and I recommend it highly.

--Db
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Old Jul 22, 2005, 4:45pm   #14
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“Love is the law, love under will,”
Quoting an occultist who let his ego get so out of hand he died insane and powerless.... I like it!
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Old Jul 22, 2005, 5:37pm   #15
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I prefer the Ed Seykota approach to this. See his web site for more info.
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