How To Think Correctly

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new_trader said:
Hearing is very different from appreciating and understanding. Thats why to some it's just piano music.....
Yes exactly. Now think of this....price action is like music...but not from a single instrument...rather from an orchestra....which to some is just music and to others the whole score reveals itself....all at the same time....and the next phrases can be accurately anticipated, right up to the coda.....and sometimes beyond.
 
new_trader said:
I was explaining how an idea does not always lead to a tangible product or invention. An example may be a person deciding to do all their grocery shopping online instead of going out in the cold and struggling to find parking. They have the idea and then implement it. If it turns out to be an improvement, they stick with it.

While this is indeed a very logical answer, it requires further investigation.

What if, the online grocery order required a stock to be replenished on a shelf, and what if, in order to do this, the grocer had to implement an automatic ordering system, and what if, that automatic ordering system required some new storage space, and what if that new storage space required a new building, and what if that new building required new services, etc,etc. Any of these events might have required some form of new technology, or changes to existing technologies.

We must remember, everything we do has an impact on something else in this world, even down to the spiritual action of thinking. We really do know nothing about why things really are the way they are - and what is more important, we do not have to know.

If we do not want to sabotage ourselves, and try and live life to the fullest, then we must recognise that there are immutable Laws which keep everything in Harmony, and depending on how much we are in tune with this Harmony, will determine our experiences in life, and our experiences in life will determine what we get in life - "we are what we think".

Well done n_t, that was some good thinking.
 
CYOF said:
Whilst this is correct, we need to be a bit more clearer for some.

Yes, we can call it picking the brains, to see what truths will emerge, but I also happen to believe that we can obtain a much wider meaning to the writings of the Philosophers by examining in detail, not just the words in themselves, but the picture that the words paint.

I think some will get my drift, while others may not, but rest assured, your understanding is entirely dependant on how you think!
..:cheesy: ..I am being very prudent...
 
blackcab said:
I'm enjoying this discussion - like a good journey it's going off into useful places regardless of the destination. It's like three people looking at a painting and discussing the question 'what is essential for great art'? A says paint, canvas, atoms, spacetime. B says a good eye, skill, imagination, practice, confidence. C says vision, connectedness, realisation, revelation, soul, and maybe or maybe not also God. Are any of them wrong and if so, which of them? Does it cause any of them harm that (being exaggerated stereotypes) they won't ever agree on 'the' answer?

well in the extreme, or maybe not even the extreme, individuals are killed for holding different views, thoughts and have been killed throughout mankinds history. now is that mans nature?

to kill that which is different or unaccepted, like that tale of the frog and the scorpion, its in the scorpions nature to kill froggy, however man ,through awareness or evolution of self I think does have a choice or maybe more people are slowly seeing it.

I think therefore I am , as its been said but if we think I'm aware of my thinking therefore I am and I can choose to change my nature or perhaps even not change it but know it for the first time ?

Is that thinking correctly ? many will want to still control / harm / kill people for thinking like that.
 
SOCRATES said:
Yes exactly. Now think of this....price action is like music...but not from a single instrument...rather from an orchestra....which to some is just music and to others the whole score reveals itself....all at the same time....and the next phrases can be accurately anticipated, right up to the coda.....and sometimes beyond.

exactly!!!
 
andycan said:
exactly!!!
Yes, and furthermore....each composer has a different style....:LOL: ..so not all music is the same just because it happens to be music....:LOL:
 
SOCRATES said:
Yes exactly. Now think of this....price action is like music...but not from a single instrument...rather from an orchestra....which to some is just music and to others the whole score reveals itself....all at the same time....and the next phrases can be accurately anticipated, right up to the coda.....and sometimes beyond.

Yes, but we must never forget that a string can burst at any time, just purely because it CAN, and throw the whole thing out of sync. We can of course take great care of our our instruments, so that the chances of this happening are very rare, but it CAN happen, and I am sure everyone has heard of Murphy's Law.
 
Slow Connection - Ignore Duplicate Post

SOCRATES said:
Yes exactly. Now think of this....price action is like music...but not from a single instrument...rather from an orchestra....which to some is just music and to others the whole score reveals itself....all at the same time....and the next phrases can be accurately anticipated, right up to the coda.....and sometimes beyond.

Yes, but we must never forget that a string can burst at any time, just purely because it CAN, and throw the whole thing out of sync. We can of course take great care of our instruments, so that the chances of this happening are very rare, but it CAN happen, and I am sure everyone has heard of Murphy's Law.
 
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SOCRATES said:
Yes, and furthermore....each composer has a different style....:LOL: ..so not all music is the same just because it happens to be music....:LOL:
yes it is and its the same as thinking correctly
you can have different ways of thinking and still derive to the same conclusion
therefore thinking correctly is a perception to understanding and the act of understanding allows you to think correctly
 
trendie said:
from another perspective, the on-line shopper has merely shifted the burden of trudging around shops in the cold to another person.

the act of picking up groceries, and the cold remain.

its just someone else that gets cold and tired.

the idea is not an improvement overall, only a shifting of burdens from one to another.

I was speaking of imrovement from the perspective of the individual who has shifted the burden. They have their groceries and they didn't get cold and tired in the process, someone else did.
 
andycan said:
yes it is and its the same as thinking correctly
you can have different ways of thinking and still derive to the same conclusion
therefore thinking correctly is a perception to understanding and the act of understanding allows you to think correctly

Hi andy,

I think you may be misreading what Socrates is implying - for instance, market makers in Commodity Options will play their music differently to MM's in Stock Options, the same way the dedicated Specialist on the NYSE will play his tune differently to the Multiple Nas MM's.

So, in this context, that are many different composers, each with their own individual tune, and to fully appreciate the music you must have an appreciation of their art, and the best way to really appreciate any art is to put yourself inside the mind of the artist -of course this is not easy, and is what is guarded very closely by many, for to be in Harmony with the Financial Orchestra is to be able to acquire wealth beyond your wildest dreams -sorry, but I had to say this!

Also, thinking correctly is an art, and in fact, is the one true art, that if mastered, will allow one to be in tune with every Orchestra ever known to mankind - there are no limitations - as the immutable Laws are there for harmony to exist - but very few even realise that these Laws are there, the reasons for which I have given many times, but the main one, having been, and will always be, POWER & DOMINATION of the majority by the select few.

Once one transcends the barriers of the conscious thought, then the Heavens are really open for Man to enter - the greatest book ever written does not lie, it is only certain MEN have lied about it s true meaning, and in doing so have subdued the majority of the human race into what is called a "rat race".
 
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CYOF said:
Hi andy,

I think you may be misreading what Socrates is implying - for instance, market makers in Commodity Options will play their music differently to MM's in Stock Options, the same way the dedicated Specialist on the NYSE will play his tune differently to the Multiple Nas MM's.

So, in this context, that are many different composers, each with their own individual tune, and to fully appreciate the music you must have an appreciation of their art, and the best way to really appreciate any art is to put yourself inside the mind of the artist -of course this is not easy, and is what is guarded very closely by many, for to be in Harmony with the Financial Orchestra is to be able to acquire wealth beyond your wildest dreams -sorry, but I had to say this!

Also, thinking correctly is an art, and in fact, is the one true art, that if mastered, will allow one to be in tune with every Orchestra ever known to mankind - there are no limitations - as the immutable Laws are there for harmony to exist - but very few even realise that these Laws are there, the reasons for which I have given many times, but the main one, having been, and will always be, POWER & DOMINATION of the majority by the select few.

Once one transcends the barriers of the conscious thought, then the Heavens are really open for Man to enter - the greatest book ever written does not lie, it is only certain MEN have lied about it s true meaning, and in doing so have subdued the majority of the human race into what is called a "rat race".
Hi CYOF

i do understand Socrates more than you think
but i just thought i add my little bit on thinking
what socrates is stating is that once you know what 'tune' the composer is playing he will play the same tune over and over again and once you know the rythm of that tune then you can at the right times enter and participate and truely enjoy the music
but if im wrong i stand corrected but then thats how i think:LOL:
 
blackcab said:
I'm enjoying this discussion - like a good journey it's going off into useful places regardless of the destination. It's like three people looking at a painting and discussing the question 'what is essential for great art'? A says paint, canvas, atoms, spacetime. B says a good eye, skill, imagination, practice, confidence. C says vision, connectedness, realisation, revelation, soul, and maybe or maybe not also God. Are any of them wrong and if so, which of them? Does it cause any of them harm that (being exaggerated stereotypes) they won't ever agree on 'the' answer?


Exactly, and what's more, you do not need to know how you are going to get there, you just need to BELIEVE that you are already there, as if it is real and tangible at this present moment in time.

I am considering giving the solution - or how the process works and the outcomes if done correctly - but before I do, what do people think?

It will surely spoil it for some, and others will no doubt be happy.

Some may continue with serious discussion, but I am not sure how many, it may even be none?

So, what is it to be, the choice is all yours ?
 
andycan said:
Hi CYOF

i do understand Socrates more than you think
but i just thought i add my little bit on thinking
what socrates is stating is that once you know what 'tune' the composer is playing he will play the same tune over and over again and once you know the rythm of that tune then you can at the right times enter and participate and truely enjoy the music
but if im wrong i stand corrected but then thats how i think:LOL:
Wel...hehe...what you and you say in broad outline is correct.

However...there are days when the bassoon player has a cold and cannot play or the cellist is replaced by another cellist....and to the trained ear...this is detectable...and so...even though there are many composers who compose many different works...not every performance is identical...but we could say...in spirit...very similar. All sorts of additional hidden factors influence the end result such as temperature, humidity, acoustics, etc., hehe

To a general audience a tune is a tune.

But just as I explained above ....about the magician...so the same applies to the truly skilled trader .....who has managed over time and with great effort......to be able to master the great kaliedoscope of skills........ both tangible and intangible that make up the ability to percieve...the chart as it wafts away and extendfs beyond the right of the screen....showing clearly the manifestation of lucid expectation.
 
SOCRATES said:
Wel...hehe...what you and you say in broad outline is correct.

However...there are days when the bassoon player has a cold and cannot play or the cellist is replaced by another cellist....and to the trained ear...this is detectable...and so...even though there are many composers who compose many different works...not every performance is identical...but we could say...in spirit...very similar. All sorts of additional hidden factors influence the end result such as temperature, acoustics, etc., hehe

To a general audience a tune is a tune.

But just as I explained above ....about the magician...so the same applies to the truly skilled trader .....who has managed over time and with great effort......to be able to master the great kaliedoscope of skills........ both tangible and intangible that make up the ability to percieve...the chart as it wafts away and extendfs beyond the right of the screen....showing clearly the manifestation of lucid expectation.
indeed it was broad soccy but one step at a time
 
I do not like posting charts in this section, but it will be interesting to see the comments on this following the last few posts.

Look at the following chart that was just taken, by opening the pdf and rotating the chart 180 degrees counterclockwise.

Do you see anything that you might not normally see?

Sometimes standing on your head can help a great deal :idea:
 
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andycan said:
indeed it was broad soccy but one step at a time
Yes, and furthermore, I will tell you....this cannot be taught.
I thought it could and I promise you I tried and tried in the past.
I found there was a certain barrier it could be taken to and no futher.
I found this to be very very frustrating indeed. It caused me to incorrectly believe it was all my fault, and I spent ages agonising over it and consulting closely with fully evolved students.
So I would push and push and sooner or later the barrier would become manifest.
Then I would stop and wait to see how and if the individual would push the envelope and burst through it.
To my surprise, and indeed horror, very few would be truly willing to strain against this intangible membrane of self imposed perception.
The norm was for most people to stop, rather like someone not able to punch his way out of a paper bag, because he assumed it to be a solid wall and it would hurt his knuckles, to speak in parables....The few....would continue no matter what and would cross to the other side, as a matter of persistence. of self motivation, and of adopting the correct mindset. It caused me to conclude that traders are born, and not made, in the sense that the individual aspirant has to have the correct blend of mental and character attributes in the first place that can be polished and not otherwise as is popularly believed.
 
SOCRATES said:
Yes, and furthermore, I will tell you....this cannot be taught.
I thought it could and I promise you I tried and tried in the past.
I found there was a certain barrier it could be taken to and no futher.
I found this to be very very frustrating indeed. It caused me to incorrectly believe it was all my fault, and I spent ages agonising over it and consulting closely with fully evolved students.
So I would push and push and sooner or later the barrier would become manifest.
Then I would stop and wait to see how and if the individual would push the envelope and burst through it.
To my surprise, and indeed horror, very few would be truly willing to strain against this intangible membrane of self imposed perception.
The norm was for most people to stop, rather like someone not able to punch his way out of a paper bag, because he assumed it to be a solid wall and it would hurt his knuckles, to speak in parables....The few....would continue no matter what and would cross to the other side, as a matter of persistence. of self motivation, and of adopting the correct mindset. It caused me to conclude that traders are born, and not made, in the sense that the individual aspirant has to have the correct blend of mental and character attributes in the first place that can be polished and not otherwise as is popularly believed.
i conclude that is true not so much a trader is born a trader as some will interpret but has the neccessary abilities/talents to see it through
 
SOCRATES said:
Yes, and furthermore, I will tell you....this cannot be taught.
I thought it could and I promise you I tried and tried in the past.
I found there was a certain barrier it could be taken to and no futher.
I found this to be very very frustrating indeed. It caused me to incorrectly believe it was all my fault, and I spent ages agonising over it and consulting closely with fully evolved students.
So I would push and push and sooner or later the barrier would become manifest.
Then I would stop and wait to see how and if the individual would push the envelope and burst through it.
To my surprise, and indeed horror, very few would be truly willing to strain against this intangible membrane of self imposed perception.
The norm was for most people to stop, rather like someone not able to punch his way out of a paper bag, because he assumed it to be a solid wall and it would hurt his knuckles, to speak in parables....The few....would continue no matter what and would cross to the other side, as a matter of persistence. of self motivation, and of adopting the correct mindset. It caused me to conclude that traders are born, and not made, in the sense that the individual aspirant has to have the correct blend of mental and character attributes in the first place that can be polished and not otherwise as is popularly believed.

Socrates,

Can you elaborate on your statement: "The few....would continue no matter what and would cross to the other side, as a matter of persistence. "

If possible keep it specific to trading rather than using analogies.

I am particularly interested in what you mean by "No matter what"
 
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