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iqGod's Own Country

  #91 (permalink)
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iqgod View Post
No. No as in, not if I even if I have six losers in a row - I have no anxiety when I trade as per plan.

It is a self-inflicted disease. It got exacerbated in a combine because of (another self-induced) warped sense of time where you need to achieve something and are trading with a specific number in mind - that is a problem I am yet to mindfully address.

Finally it is the 'I' that does this.

With respect, I would say that:

1. Your decision to remove yourself from the stress of the Combine was an essential one, just as when the house is on fire, you get out of it. Remove the immediate danger.

2. That said, since you recognize that it is not trading itself, but you idea of the requirements of the Combine that gave you the stress, at some point you may find that you want to address whatever is going on there. Otherwise, I suspect you will see it again in some form, and probably you are already seeing it again in some form elsewhere -- since "I" is always somewhere near by.

By no means am I trying to lecture you or tell you what you should do... I have enough trouble knowing what I should do....

Since you mention mindfulness often, I think you will find the right path for yourself. And I'm sure you already know whatever you need to do next, in a way that's appropriate for you.

Just my cent and a half, suggested by your post. Hope it all goes well for you.

Bob.

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  #92 (permalink)
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Hemingway on The Combine :-)


bobwest View Post
With respect, I would say that:

1. Your decision to remove yourself from the stress of the Combine was an essential one, just as when the house is on fire, you get out of it. Remove the immediate danger.

2. That said, since you recognize that it is not trading itself, but you idea of the requirements of the Combine that gave you the stress, at some point you may find that you want to address whatever is going on there. Otherwise, I suspect you will see it again in some form, and probably you are already seeing it again in some form elsewhere -- since "I" is always somewhere near by.

By no means am I trying to lecture you or tell you what you should do... I have enough trouble knowing what I should do....

Since you mention mindfulness often, I think you will find the right path for yourself. And I'm sure you already know whatever you need to do next, in a way that's appropriate for you.


Just my cent and a half, suggested by your post. Hope it all goes well for you.

Bob.



Great advice, Bob!


Here I would like to draw parallels and quote Hemingway ("A Moveable Feast") - just substitute the word "Combine" for the word "Paris" as you read along (a tad melodramatic, but reasonably correct):

“If you are lucky enough to have lived in Paris as a young man, then wherever you go for the rest of your life, it stays with you, for Paris is a moveable feast.”
― Ernest Hemingway, A Moveable Feast


“By then I knew that everything good and bad left an emptiness when it stopped. But if it was bad, the emptiness filled up by itself. If it was good you could only fill it by finding something better.”
― Ernest Hemingway, A Moveable Feast

“There is never any ending to Paris and the memory of each person who has lived in it differs from that of any other. We always returned to it no matter who we were or how it was changed or with what difficulties, or ease, it could be reached. Paris was always worth it and you received return for whatever you brought to it.”
― Ernest Hemingway, A Moveable Feast


One more:

"When you go to war as a boy you have a great illusion of immortality. Other people get killed; not you ... Then when you are badly wounded the first time you lose that illusion and you know it can happen to you."

- Hemingway said when he returned from Spain after serving with Red Cross


Last edited by iqgod; July 26th, 2014 at 02:58 AM.
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  #93 (permalink)
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A wonderful take on the Hemingway, perhaps good for the heart too:

https://www.amazon.com/Never-Any-Paris-Enrique-Vila-Matas-ebook/dp/B008DM2LQ8/ref=sr_1_1?s=books&ie=UTF8&qid=1406362095&sr=1-1&keywords=never+any+end+to+paris

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  #94 (permalink)
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Hemingway the Trader

I kept the racing capital secret and apart from all other capital.

Racing never came between us, only people could do that; but for a long time it stayed close to us like a demanding friend. That was a generous way to think of it. I, the one who was so righteous about people and their destructiveness, tolerated this friend that was the falsest, most beautiful, most exciting, vicious, and demanding because she could be profitable. To make it profitable was more than a full-time job and I had no time for that.

I was going to races alone more now and I was involved in them and getting too mixed up with them. I worked two tracks in their season when I could, Auteuil and Enghien. It took full-time work to try to handicap intelligently and you could make no money that way. That was just how it worked out on paper. You could buy a newspaper that gave you that.

You had to watch a jumping race from the top of the stands at Auteuil and it was a fast climb up to see what each horse did and see the horse that might have won and did not, and see why or maybe how he did not do what he could have done. You watched the prices and all the shifts of odds each time a horse you were following would start, and you had to know how he was working and finally get to know when the stable would try with him. He always might be beaten when he tried; but you should know by then what his chances were. It was hard work but at Auteuil it was beautiful to watch each day they raced when you could be there and see the honest races with the great horses, and you got to know the course as well as any place you had ever known. You knew many people finally, jockeys and trainers and owners and too many horses and too many things. In principle I only bet when I had a horse to bet on but I sometimes found horses that nobody believed in except the men who trained and rode them that won race after race with me betting on them. I stopped finally because it took too much time, I was getting too involved and I knew too much about what went on at Enghien and at the flat-racing tracks too.

When I stopped working on the races I was glad but it left an emptiness. By then I knew that everything good and bad left an emptiness when it stopped. But if it was bad, the emptiness filled up by itself. If it was good you could only fill it by finding something better. I put the racing capital back into the general funds and I felt relaxed and good.

― Ernest Hemingway, A Moveable Feast

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  #95 (permalink)
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Kung Fu Panda - good wiki site

Continuing @PandaWarrior's sharp sense for finding trading wisdom in many places, Kung Fu Panda 2 continues the same tradition of imparting trading wisdom.

This site is a treasure trove:

Inner peace - Kung Fu Panda Wiki, the online encyclopedia to the Kung Fu Panda world!

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  #96 (permalink)
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Trading wisdom from.... Enid Blyton?

I love Enid Blyton, who wrote 400+ books for children.

I have a HUGE collection (though not all).

I read them often!

And I was surprised to see how much simple wisdom contained in them can be applied to trading.


P.S.: As a side note I participated in the TopStepTrader trading challenge.

I did not bother much about it and took part casually. Trading 15 lots at a time I was able to take the $150,000 to exactly $162,007!

Free from thinking about the Rules (and yet surprisingly - staying within those rules!), it felt as if I had finally hit my combine target which used to be $12000 just a few months ago!

I am elated and thankful. Now I know it can be done. By me.

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  #97 (permalink)
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iqgod View Post
I love Enid Blyton, who wrote 400+ books for children.

I have a HUGE collection (though not all).

I read them often!

And I was surprised to see how much simple wisdom contained in them can be applied to trading.


P.S.: As a side note I participated in the TopStepTrader trading challenge.

I did not bother much about it and took part casually. Trading 15 lots at a time I was able to take the $150,000 to exactly $162,007!

Free from thinking about the Rules (and yet surprisingly - staying within those rules!), it felt as if I had finally hit my combine target which used to be $12000 just a few months ago!

I am elated and thankful. Now I know it can be done. By me.

Very cool.

It shows that our obstacles are personal and psychological, more than technical or a matter of knowledge....

Congratulations.

Bob.

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  #98 (permalink)
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bobwest View Post
Very cool.

It shows that our obstacles are personal and psychological, more than technical or a matter of knowledge....

Congratulations.

Bob.

Yes, very true!

(To quote, nobody in particular, LOL: "I am my own best friend and worst enemy." / "The holy grail? Its in the mirror!")


Thanks!

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  #99 (permalink)
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Dr.Brett Steenbarger

Here is what Dr.Brett Steenbarger wrote yesterday on his inestimably-valuable blog:

TraderFeed: Happiness and the Power of Our Expectations


A wealth of research shows that perfectionism of the less healthy kind reduces productivity and is even associated with poorer health outcomes. One possible link between perfectionism and these adverse consequences is self-criticism. Healthy perfectionism is about striving and moving oneself forward. Unhealthy perfectionism is about living a life script of perpetually falling short.

We gravitate to our own self-talk.



When what you are doing is deeply rewarding, your work becomes part of you.

Even the greatest dedication, however, can be sabotaged by expectations and self-demands that create more frustration than fulfillment. A recent study found that our expectations help to shape our experience of happiness.


Be careful of what you think, expect and live for. As @PandaWarrior told me, avoid breathing markets 24x7 and know what it is you really want.

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  #100 (permalink)
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Kung Fu Panda 2 again


“You gotta let go of all that stuff in the past because it doesn’t matter anymore. The only thing that matters is what you choose to be now.” – Po to Shen


http://shepherdsvoice.com.ph/media/ebooks/yourpast_1stChapter.pdf

Bo Sanchez’s book “Your Past Does Not Define Your Future” might just be one of the defining moments of my life. It doesn’t matter what your past failures or hardships are, what matters is the future you make for yourself. Though I am not a Christian the message from the book rings crystal clear.

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