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NATURE, OUR GREAT MENTOR.
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Created: by joyginy Attachments:0

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NATURE, OUR GREAT MENTOR.

  #11 (permalink)
Member
jodhpur
 
Futures Experience: Intermediate
Platform: ninja and esignal
Broker/Data: esignal
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Posts: 31 since Nov 2009
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george i think that eloso's post will answer your question to mine.

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  #12 (permalink)
Member
jodhpur
 
Futures Experience: Intermediate
Platform: ninja and esignal
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Favorite Futures: oil,gold
 
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Posts: 31 since Nov 2009
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i think that there is not much diff between what livermore and a pithon thinks as far as thier bait or trading are concerned.

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  #13 (permalink)
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Futures Experience: Master
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joyginy View Post
george i think that eloso's post will answer your question to mine.

Joyginy,

I'm well aware of the parallels drawn to the animal kingdom that are giving us perspectives on how to develop into better traders. I myself don't agree with those parallels, but I do agree with the fact that we ought to be copying those behaviors and turn them into a higher level of discipline.

Going back to the animal topic. You see, animals and humans are two different kinds because what differs us from them is simply our emotions.

Animals are driven by their instincts based on survival, and they're also more in tune with mother nature. If we're to be driven by our instincts, then we'd be having to do exactly the opposite, meaning that we're not supposed to go into survival mode (that's when you lose all your money).


Why I asked you to develop the topic was because it is an interesting one based on the development of discipline and because of the spirit of this forum which is Traders Helping Traders. If we develop our thoughts, we can both learn more ourselves and even teach others.

We all struggle to make tomorrow look like yesterday!
Get rid of your past and let the future unfold from the now.
Past performance is not indicative of future results.
/George
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