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This is a discussion on YM journal within the Trading Journals forums, part of the Reception category; Originally Posted by SOCRATES I was never fortunate enough to have a proper mentor. I have had to unravel the ...

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Old Jan 30, 2005, 10:13pm   #201
 
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Quote:
Originally Posted by SOCRATES
I was never fortunate enough to have a proper mentor. I have had to unravel the whole riddle for myself, alone. You cannot imagine what a tough journey it is. It nearly cost me my marriage, my home, my health, my sanity and £600,000 in losses before I began to learn, and easily another £3,500,000 before I could say I had finally mastered all of it, including the markets and myself.
So you lost £4.1million learning how to trade? I can't understand why you would need to learn to trade if you had that much money to burn. I can think of better ways to spend it
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Old Jan 30, 2005, 10:16pm   #202
 
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Why does the MOS print this rubbish

Quote:
Originally Posted by mail on sunday
Albert Labos learned about stock market trading at a course run by a reputable training firm in Somerset called FTS
Sorry for going off topic Frugi

Last edited by a320; Jan 30, 2005 at 10:28pm.
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Old Jan 30, 2005, 10:48pm   #203
 
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Originally Posted by Bigbusiness
So you lost £4.1million learning how to trade? I can't understand why you would need to learn to trade if you had that much money to burn. I can think of better ways to spend it
Since you think according to your own frame of reference this is all a joke, it is not. You misundserstand ~ your perception is one of someone with a bag of banknotes allowing all of them to blow away in the wind and losing the lot, just for fun.

If I had not chosen to go through the route of having to gain experience over many years of real trying all on my own, exploring, verifying, testing again, learning from it, and so progressing at a snail's pace, but making reaI progress and not make believe progress I would not have had to test everything with real money and would have opted to just paper trade which is playing at it, which is easy, because it is not the same.

I did not want to have the experience of playing at it, because at a very early stage I realised the feelings generated were different. The experience of paper trading is very different to the experience of playing with real money, therefore the lessons gained are also different. The first is artificial and the second very real. More than 40,000 trades is a testament to this alone.

I accumulated losses in the course of unravelling all of this because these losses were as a consequence of real turnover, and not paper money, this is the difference between for example getting experience in the real property market against just playing monopoly with friends on a winter evening.

This means that if during that process that I chose to undergo I had known what I know now and mastered what I have now mastered I would not have had to clock up those costs.
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Old Jan 30, 2005, 11:02pm   #204
 
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Quote:
Originally Posted by a320
Why does the MOS print this rubbish



Sorry for going off topic Frugi
Right, now it is your turn. You have been hounding me about this FTS story obsessively for a long time. Here are the facts::~

I used to attend lots of Presentations, Discussions. Traders' Gatherings, Introductions, Seminars, Trade Fairs, etc., until I realised my name was being used to promote all these ideas that I did not necessarily agree or disagree with.

One of these was a Course on Options run by Peter Hall in Somerset. I found the way he presented his ideas interesting but not necessarily to be included in my toolbox.

I am always polite to people who invite me to their seminars and if at the end of them I am asked to comment, I comment as I find. I made the comment I found it interesting and helpful. The course was designed for absolute beginners.

You may be a beginner, and the reason I venture to make the statement is that you are not capable of explaining in depth any question ever asked of you on this website, instead you try to give us a lot of bull with these arcane lines and numbers of yours, in an attempt to attract attention to yourself for a reason that so far escapes me, but I am too old and battered by experience over many years to be considered a beginner.
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Old Jan 30, 2005, 11:04pm   #205
 
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The thing I like best about this site is that if you are willing to wait, sometimes a long time, you will find some GREAT little gems.

The thing I hate most about this site is that you have to suffer some uther rubbish and grand egos along the way in your quest to find it.

Maybe Albert is the "real thing" or maybe he isn't. Surely the only valid point is, if he actually inspires/helps others or not...........from the point of view of a "newbie".

OR

.......from the point of view of Albert, if indeed he "banks" the results of his efforts or just pretends to.

Either way, all the parties involved know the truth which is all that matters. For what it's worth, I think that the guy knows his stuff.

Kind Regards

Smiley

p.s. Sunday night, had a few G&T's so if this is total crap then p/s forgive me. Then again maybe that's why I speak the truth??/
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Old Jan 30, 2005, 11:09pm   #206
 
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Quote:
Originally Posted by Tuffty
Socrates
You suggest the route I suggest is fraught with dangers. Your way would seem to have it's fair share of danger too. I quote "The final leg of perfecting the correct mindset took just under 13 years of pain and graft and sleepless nights".

You suggest there was a final solution (to dealing with emotion). Can you elaborate or am I missing the point?
Yes, there is. You have to strive to create a separate persona to deal with the market. Surgeons do it to deal with grisly operations, rescue crews do it to deal with accidents, and so on.

The persona you use in your daily life is not suitable to deal with the information shocks that the market deals out all the time.So you have to be able to deal with it in a different way, in the same way that other proffessionals deal with unpleasant, or uncomforatble or even frigthenening scenarios, because they owe it to their own proffessionalism to remain calm and detached without emotion.
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Old Jan 30, 2005, 11:12pm   #207
 
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Quote:
Originally Posted by SOCRATES
clock up those costs.
Clever play on words....

Quote:
Originally Posted by mail on sunday
It was a retired horologist named Albert Labos
Maybe I am a beginner in the grander scale of things but I'm happy on my own pathein.

Thank you for taking the time to answer the MOS article which as often been brushed over in the past...

Have an enjoyable & pleasant evening

Thx

CJ

Last edited by a320; Jan 30, 2005 at 11:20pm.
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Old Jan 30, 2005, 11:24pm   #208
 
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Quote:
Originally Posted by a320
Clever play on words....

Maybe I am a beginner in the grander scale of things but I'm happy on my own pathein

Thank you for taking the time to answer the MOS article which as often been brushed over in the past...

Have an enjoyable evening

CJ
Those are the facts, brutal and to the point and as a result of irrefutable evidence, as I am fed up with being accused of all sorts of nonsense. I work very hard, unpaid, to try to help all of you on this site as I have been through unbelievable levels of pain and stress and cost in order to crack all of this, and it is a shame you should have to experience even a fraction of what I have had to in order to finally overcome all the obstacles, therefore considering what I am trying to do for your collective benefit at no advantage to me whatsoever, you ought to consider that to reward this effort so negatively at every opportunity is completely unacceptable and totally out of order.

And you have a good evening too, and I hope that is the end of it.
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Old Jan 30, 2005, 11:27pm   #209
 
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Quote:
Originally Posted by smiley
The thing I like best about this site is that if you are willing to wait, sometimes a long time, you will find some GREAT little gems.

The thing I hate most about this site is that you have to suffer some uther rubbish and grand egos along the way in your quest to find it.

Maybe Albert is the "real thing" or maybe he isn't. Surely the only valid point is, if he actually inspires/helps others or not...........from the point of view of a "newbie".

OR

.......from the point of view of Albert, if indeed he "banks" the results of his efforts or just pretends to.

Either way, all the parties involved know the truth which is all that matters. For what it's worth, I think that the guy knows his stuff.

Kind Regards

Smiley

p.s. Sunday night, had a few G&T's so if this is total crap then p/s forgive me. Then again maybe that's why I speak the truth??/

Of course I know my stuff, back to front and inside out and upside down, because what I tell you, even if you may not like it, is the consequence of hard experience, of which I assure you, I have a lot.
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Old Jan 30, 2005, 11:44pm   #210
 
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Originally Posted by SOCRATES
Of course I know my stuff, back to front and inside out and upside down, because what I tell you, even if you may not like it, is the consequence of hard experience, of which I assure you, I have a lot.

Albert

You provoke a reaction. In some this is positive, others not so. In my experience the worst thing is when you take the time to say something but nobody gives a damm.

Not the case here, so I repeat: everybody involved knows the truth, if only they admit it to themsevles. Once again, in my opinion, I think that you know your stuff and if you can help others through your posts and minimise their hard experiences then p/s keep going.

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