How many traders win consistently

neil

Legendary member
5,167 750
Very True

SOCRATES said:
Dear Comino,

RE: Your WOW reply:~

What you have just experienced is a realisation. A realisation is an acceptance of an axiom which hitherto had remained hidden or inaccessible to conscious thought applied to direct attention on a problem.

Some people can become very easily offended when it is pointed out to them that their method of applying thought processes to problems that prevent them from progressing is not correct.

They immediately become defensive. Some times rude. Occasionally worse.This is a mechanism for the protection of ego. But ego can be a nuisance. You have to force yourself to learn how to harness ego, who does not want to be harnesessed !

An axiom is a fundamental truth.It need not always be hidden, but frequently is, as a consequence of a hidden agenda.

Sadly, in this arena, the most important, the most powerful, the most brilliant and the most valuable axioms, remain hidden, by design.

All of this profession is constructed around interlinking axioms
but these remain hidden, as a form of challenge to the character of the challenger. Before you succeed in this profession you have to compete and win in the Character Olympics, only then do you earn the right to remain and play.

Bliss :D
 

donaldduke

Experienced member
1,665 257
Comino,

You should read the Disciplined Trader by Mark Douglas
there is lots of deep thinking in this book about the kinds of
questions you are asking.
 

comino

Junior member
29 0
Thanks All

I better start training now then,do they come around every 4 years like the other Olympics?
On serious note, i appreciate all your thorough reply's and explanations,have to go away now and find a good thesaurus to decipher all this wonderful information,so i've got plenty to go on now.I now that a lot of constant learning and listening to this wonderful information that i'm receiving on this site from experienced traders like yourself ,will mould me in to a consistent trader and will aid my route to the top of the pyramid,it's helped a lot already, i know that i will get there because it's my destiny, otherwise i would have given up a long time ago.
Hopefully i can repay your kindness in showing in my journal that i've appreciate and am learning from this.
Comino
P.s
I'm learning to be more wrong everyday.
At the end of day it's a process in increasing ones self love.
 

SOCRATES

Veteren member
4,966 136
Dear Comino.

TO BE CONTINUED....

What you are fumbling about in the dark for here in my circle we call "HOLDING THE ATTITUDE".
This particular discourse takes 2 hours and then only suitable for candidates who have met very strict criteria in terms of merit, ability and conduct, and therefore are hand picked.

In contradistinction to others who talk arcane nonsense that cannot be used in practicality, I am very strict, and everything that I deliver is the result of hard testing in the school of tough experience in the markets which is the most hostile theatre anyone can enter by choice. I have just over 38 years of experience in battling with these problems that seem to non veterans to be insurmountable. But they are surmountable, only if you are prepared to change your way of being. As you are at the centre of your own universe it is your humanity that gets in the way of attaining impartiality.

The biggest single problem that people face, and it does not matter what their background may or may not be is to come to terms with themselves first and the market second.

The first plank of this construction deals with acceptance. You must be ready to accept. In order to accept you have to be open minded and not opinionated. A view is different to an opinion. A view carries impartiality, but an opinion carrieswith it the viruses of greed, impatience, cockiness, hope, fear to mention the main components of this virus that anyone can identify at this level of understanding, but of course there is much more. A view is inert, impartial. An opinion is not. An opinion has the capacity to disable the ability to think correctly.

The second plank of this construction is that of choice. You can choose to be a mutthead and be contaminated with the viruses that opinions carry. If you choose to have and carry an opinion,
this opinion will disable you from carrying out an action. For example, whether it means exiting a trade that has gone the opposite way to the direction you anticipated or ending a relationship or disposing of a possession no longer needed or binning a gadget that cannot be repaired even if it ought to be, or changing a habit.

Now consciously develop an opinion about any of these ideas and choose one that will not cost you money and try and do it. go on, try.... you see? Now alter your posture and choose something and consciously have a view on it instead of having an opinion. Anything, the lottery, skydiving, nudism, the London Marathon, visiting the North Pole...Now try and do it.

You will now discover you feel different. You are not disabled from acting. You will be able to choose whether to act or not. The key word is choice. Choice is the expression of free will. You cannot enact free will if you are prisoner to some compulsion. we now begin to understand how a view and acceptance allow you to enact free will and how an opinion and a compulsion (which is the result of viruses) prevent you from enacting free will however hard you may desire to enact it. This is incredible - but true .

There are several more planks. First recognise these two and verify them for yourself, then we will continue.
 
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SOCRATES

Veteren member
4,966 136
Sorry, sorry, forgot to include.....the catch that prevents the victim from enacting freedom of choice when held prisoner by an opinion is in many cases in the market due to PRIDE !
 

TheBramble

Legendary member
8,394 1,170
Dunno if old Socrates is a reincarnation or not, but I think I'll need one or two to finish reading his posts!
 

Rognvald

Established member
916 15
So that's 2 double reincarnations with ice and lemon then!
 

BBB

Experienced member
1,071 3
Good stuff! (thats only my view of course, not an opinion!)

Are we saying:

observation + emotion = opinion

observation + no emotion = view
 

womble

Junior member
12 0
I gave up reading his book cos it was not very specific (mark douglas) and could only see evidence that he had failed at trading.
 

BBB

Experienced member
1,071 3
Pick it back up Womble. imo, it all comes to gether in the last 3-4 chapters.
 

SOCRATES

Veteren member
4,966 136
Dear Rodenvald,

Yes, very witty.

No, I am not a reincarnation, but I have adopted this name in honour of a Greek philosopher who was determined to help people less fortunate than himself, because for him it was very easy to enlighten others through a process of training them to think correctly, because for him to think correctly, that is to be able to logically deduce and reason was not difficult either, in contradistinction to others who interrupt with nonsense and irrelevant flippant comments.

It happened that in ancient Greece there were two schools of philosophical pursuit. The first was that started by Aristotle, who was Socrates's tutor and mentor, devoted to the pursuit of intellectual excellence, in which any idea or statement had to stand up to the application of reason.

The other school of philosophical pursuit was that of Plato.
Plato postulated the hypothesis that it did not matter if people were given the opportunity to be educated or not, or whether they were instrumental in preventing others from being educated, provided that even if they chose not to logically deduce and reason, anything was acceptable provided that they enjoyed themselves.

Now sir, what next unfolded was a tragedy.
Socrates, being seen by hidden vested interests to be active in sweeping away the cobwebs of belief and superstition and other intellectual evils was accused and charged with attempts to corrupt the young. He conducted his own defence in a Greek open court in which he failed to overcome the guile and wickedness of his accusers, since all he asked was for them to act in a moral fashion within a framework of logic and reason, which it will be no surprise to you but it is to me that this they were both unwilling and unable to do.

As a consequence of this Socrates was sentenced to death, by taking a potion of Hemlock. Aristotle and others tried in vain to persuade him to recant, and if he did, hid life would be spared.

Socrated flatly refused, on the basis that he would not lower, let alone abandon his principles to satisfy his critics. He then proceeded to drink the Hemlock, because he preferred to be remembered, as he knew that if people later in history were to hear and learn from this event, it would do a lot to persuade thinkers not to succumb to what seems plausible and easy, but to choose to examine, to apply reasoned judgement, and to logically deduce for themselves. I have no intention of putting myself or any of my people in a situation fraught with dangers that sadly, even 2404 years after the event still exist, but I am going to have a jolly good crack at helping people that need help,by informing them of what they ought and need to know but are prevented from so doing, rather than what they want, or think that they want.
 

SOCRATES

Veteren member
4,966 136
O+E=O O+NOE=V

BBB said:
Good stuff! (thats only my view of course, not an opinion!)

Are we saying:

observation + emotion = opinion

observation + no emotion = view
 
 
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