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Learning to Trade at the Tee
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Learning to Trade at the Tee

  #1 (permalink)
Market Wizard
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Learning to Trade at the Tee

Those who have played golf objectively, can attest that the rules and the process of mastering the game of golf can be applied to almost anything in life, including trading, and expect success.

A great round of golf starts with preparation, logistics, organization, and assessment of the current conditions before a tee shot is played. A player with the acquired skills and having gone through all the prerequisites is confident and most certainly will hit a great tee shot with the ball ending close to his planned target.

For the next shots the conditions where the ball lies and the objectives are different now and must be individually managed with a set of different skills and preparation for playing a fairway shot, a bunker shot, or a chip shot through the green all the way until the ball is in the cup.

The rules of the game keep one honest to oneself and the lonely walk in the fairway is the time to evaluate the last shot, learn from it, and plan for the next. A confident golfer does not duel on the last hole, blame the sprinkler, the bird digging for a worm, or the wind blowing leaves in front of the ball and already knows how to deal with those situations. He knows his skills and limitations and will not try to cut the dogleg where there is a higher probability of trouble than success. The player will hit thousands of practice balls to improve and sharpen his skills before and after the game.

A player does not plan for or think about failure. The conditions that can cause failure, water hazards, out of bounds, winds, etc. have already been planned and compensated for in the shot. The history of the last hole whether successful or not has no bearing on the outcome of the next hole. What counts is the final score on number 18.

Of course mental capability is important and part of the total preparation for the game. Unless, the golfer has cheated on his wife, driven the car in a tree at mid-night, and now is a basket case and can't seem to recover despite having all the unmatched golfing skills, know hows, and help from top psycho professionals. That would be a case of needing medical psychology not one in the need of golf psychology.

Know your stuff, be confident, and play good golf.

Have a nice round!


Last edited by aligator; October 29th, 2012 at 02:53 PM.
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  #3 (permalink)
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aligator View Post
Those who have played golf objectively, can attest that the rules and the process of mastering the game of golf can be applied to almost anything in life, including trading, and expect success.

A great round of golf starts with preparation, logistics, organization, and assessment of the current conditions before a tee shot is played. A player with the acquired skills and having gone through all the prerequisites is confident and most certainly will hit a great tee shot with the ball ending close to his planned target.

For the next shots the conditions where the ball lies and the objectives are different now and must be individually managed with a set of different skills and preparation for playing a fairway shot, a bunker shot, or a chip shot through the green all the way until the ball is in the cup.

The rules of the game keep one honest to oneself and the lonely walk in the fairway is the time to evaluate the last shot, learn from it, and plan for the next. A confident golfer does not duel on the last hole, blame the sprinkler, the bird digging for a worm, or the wind blowing leaves in front of the ball and already knows how to deal with those situations. He knows his skills and limitations and will not try to cut the dogleg where there is a higher probability of trouble than success. The player will hit thousands of practice balls to improve and sharpen his skills before and after the game.

A player does not plan for or think about failure. The conditions that can cause failure, water hazards, out of bounds, winds, etc. have already been planned and compensated for in the shot. The history of the last hole whether successful or not has no bearing on the outcome of the next hole. What counts is the final score on number 18.

Of course mental capability is important and part of the total preparation for the game. Unless, the golfer has cheated on his wife, driven the car in a tree at mid-night, and now is a basket case and can't seem to recover despite having all the unmatched golfing skills, know hows, and help from top psycho professionals. That would be a case of needing medical psychology not one in the need of golf psychology.

Know your stuff, be confident, and play good golf.

Have a nice round!

I compare trading to dating, bc I dont play golf, but the same principals apply

Last paragraph

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  #4 (permalink)
Market Wizard
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Rad4633 View Post
I compare trading to dating, bc I dont play golf, but the same principals apply

Last paragraph

Amazing.. all those expensive drinks and big tips to the beer lady at Sawgrass did not gel into a date, real skills were needed

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Great analogy! Very true on many levels.

Before you attempt to beat the odds, make sure you can survive the odds beating you.
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  #6 (permalink)
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aligator View Post
Those who have played golf objectively, can attest that the rules and the process of mastering the game of golf can be applied to almost anything in life, including trading, and expect success.

A great round of golf starts with preparation, logistics, organization, and assessment of the current conditions before a tee shot is played. A player with the acquired skills and having gone through all the prerequisites is confident and most certainly will hit a great tee shot with the ball ending close to his planned target.

For the next shots the conditions where the ball lies and the objectives are different now and must be individually managed with a set of different skills and preparation for playing a fairway shot, a bunker shot, or a chip shot through the green all the way until the ball is in the cup.

The rules of the game keep one honest to oneself and the lonely walk in the fairway is the time to evaluate the last shot, learn from it, and plan for the next. A confident golfer does not duel on the last hole, blame the sprinkler, the bird digging for a worm, or the wind blowing leaves in front of the ball and already knows how to deal with those situations. He knows his skills and limitations and will not try to cut the dogleg where there is a higher probability of trouble than success. The player will hit thousands of practice balls to improve and sharpen his skills before and after the game.

A player does not plan for or think about failure. The conditions that can cause failure, water hazards, out of bounds, winds, etc. have already been planned and compensated for in the shot. The history of the last hole whether successful or not has no bearing on the outcome of the next hole. What counts is the final score on number 18.

Of course mental capability is important and part of the total preparation for the game. Unless, the golfer has cheated on his wife, driven the car in a tree at mid-night, and now is a basket case and can't seem to recover despite having all the unmatched golfing skills, know hows, and help from top psycho professionals. That would be a case of needing medical psychology not one in the need of golf psychology.

Know your stuff, be confident, and play good golf.

Have a nice round!

I have played a few rounds while conducting business meetings, I 'll never forget the one in Newcastle N Ireland, I saw 4 season changes during that game.First there was sun rather nice day, then came fall, strong cooling winds, then came the SNOW, yes snow, then came springtime, sunny just right for final holes. Im not a golfer but have great body English I managed to do ok for a southern boy.

So youve been playing for a long time I assume

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Rad4633 View Post
I I managed to do ok for a southern boy.

So youve been playing for a long time I assume

Southern boys can be real charming with their draw.

I have played majority of the TPC courses around the country and the bucket list classic courses like Firestone, Dorall, Pebble Beach, Torey Pines, etc.

But living in Charlotte and nearby VA for almost 20 years I played many of the fine courses in Carolinas, including Pinehurst#2, and Sedgefield in Greensboro, the site of GGO. I still have the Isles on my bucket list.


Last edited by aligator; October 29th, 2012 at 05:18 PM.
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