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Trading Psychology and How The Mind Works (IV)


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Trading Psychology and How The Mind Works (IV)

  #71 (permalink)
 
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 George 
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VinceVirgil View Post
This is a great list. But each question needs to be evaluated and tested before implimentation in a live setting. This could take quite a long time, and even at that, one may not be successful.

Anyway to shorten the process?


Why would you want to shorten the process?

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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  #72 (permalink)
 
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 VinceVirgil 
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George View Post
Why would you want to shorten the process?

For the most efficient use of available time.

Not trying to reinvent the wheel, just trying to make it roll better.

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  #73 (permalink)
 
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 George 
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Mastery is achieved through repetition! If you'd shorten the process you'd miss the wheel totally and it will not roll at all. I'm sorry for that answer but I don't believe there are any shortcuts to any of this. And believe me I've been a great adept to shortcuts all of my life. All I can tell you about them today is that they're a waste of time because they always make you end up on the long road.

So do the work, and stay on the path even if it seems to be the longest and the hardest thing to do out there. But in time it will be better and better, easier and easier. All you need to do is to take the first step, and when you take the second just remember that you've already taken the first one and so on....


VinceVirgil View Post
For the most efficient use of available time.

Not trying to reinvent the wheel, just trying to make it roll better.


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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  #74 (permalink)
 
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 josh 
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George View Post
Mastery is achieved through repetition! If you'd shorten the process you'd miss the wheel totally and it will not roll at all. I'm sorry for that answer but I don't believe there are any shortcuts to any of this. And believe me I've been a great adept to shortcuts all of my life. All I can tell you about them today is that they're a waste of time because they always make you end up on the long road.

So do the work, and stay on the path even if it seems to be the longest and the hardest thing to do out there. But in time it will be better and better, easier and easier. All you need to do is to take the first step, and when you take the second just remember that you've already taken the first one and so on....

Mastery is achieved through repetition of an activity with good habits and principles. As a very practical example, I have seen dancers who have been dancing for ten years who are much worse than dancers who have been dancing one or two years. Repetition is key, but repeating the exact same thing all the time is not an efficient usage of one's time. Repeating with an intention to improve is the type of repetition that is useful.

But generally, particularly with something that is not cut and dried like financial markets, I agree that people tend to look for shortcuts and wind up taking a longer time because of this. So I understand your point, which is mainly to put in the work and the time and don't be lazy.

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  #75 (permalink)
smusa700
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josh View Post
Mastery is achieved through repetition of an activity with good habits and principles. As a very practical example, I have seen dancers who have been dancing for ten years who are much worse than dancers who have been dancing one or two years. Repetition is key, but repeating the exact same thing all the time is not an efficient usage of one's time. Repeating with an intention to improve is the type of repetition that is useful.

But generally, particularly with something that is not cut and dried like financial markets, I agree that people tend to look for shortcuts and wind up taking a longer time because of this. So I understand your point, which is mainly to put in the work and the time and don't be lazy.

The will to win, the desire to succeed, the urge to reach your full potential... these are the keys that will unlock the door to mastery.
Confucius.

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  #76 (permalink)
Inol
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people nowadays want all quicker that's sad

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  #77 (permalink)
 crf88 
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very nice thread especially george's replies..In your original post 3 years ago you seem to believe a lot more in sedona method than in your last posts.Actually 3 years you seem to believe that you can delete your old bad 'picture' but nowdays you seem to believe that the right path is to create a new winning 'picture'.I would like to know what has changed your beliefs

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  #78 (permalink)
 
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 George 
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crf88 View Post
very nice thread especially george's replies..In your original post 3 years ago you seem to believe a lot more in sedona method than in your last posts.Actually 3 years you seem to believe that you can delete your old bad 'picture' but nowdays you seem to believe that the right path is to create a new winning 'picture'.I would like to know what has changed your beliefs

crf,

I'm glad you like the thread and my replies. Great question by the way!
What can I tell you? Back then three years ago, I was on a path where for me it was very important to understand the why of things. The why of things and how come they are the way they are. On that quest I realized how the mind works and by realizing that I also realized how all the "junk" is affecting us. Hence I tried to take it a step further and give suggestions to how one could get rid of the junk. Sedona was one of the methods that I had stumbled upon and seemed to take this task to a higher level.

During the continuation on that path, I came to realize one more thing. I realized that even if we manage to get rid of all the "junk" it is not going to be enough in order to place us on the highest level on the trading scene. What we need eventually is to have the right (trading)skills and the right winning picture planted and amplified in our minds.

Maybe you're right, maybe I missed out on specifying the difference. So thank you for opening for a specification!

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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  #79 (permalink)
 geronimo72 
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something great


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 lifeguardsteve88 
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geronimo72 View Post
something great


Thanks for the link. I agree with the premise. I also think that this is the reason that religion (any and all religions) have validity WHEN one has achieved understanding of it at a Higher level. Once one gets past the superficiality that differentiates the various religions, one begins to practice their religion in a way that follows and promotes this premise.

Cheers!

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