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    Transcendental Meditation

    Just saw your reply. So did you show up at your initiation to TM with flowers, fruit and a handkerchief? If you think appropriate could you please share the actual meditation technique? Even after an hour of persistence googling I am not sure I fully understand the technique, is it just a...
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    Transcendental Meditation

    Thank you all for your replies. I believe the state of mind most benificial to me as a trader can be summed up in the word - Equanimity. Evenness of mind especially under stress. Equanimity is a state of mental or emotional stability or composure arising from a deep awareness and acceptance...
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    Transcendental Meditation

    Anyone here practices Transcendental Meditation? I tried to look into it and was quite taken aback that it costs $2500 to learn, the method is somewhat seceretive and tightly controlled by the Mahreshi foundation. And then this, the critics...
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    Letter from Paul Tudor Jones

    This letter is a great find. Thank you for sharing. Interesting to note that Paul Tudor Jones is still looking at correlations; now comparing 1999-2000 nasdaq to today's India nifty. In the Trader Video back in the late 1980's, he was comparing US stock market to late 1920's. Correlation...
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    38%

    Businesses out of their own greed are reluctant to hire, this despite businesses showing record profits. Businesses are reluctant to loan money, this despite their borrowing rate is close to zero. Wall street will payout record bonus this year in 2010, but they are also poised to cut back...
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    38%

    Increase in the Dow Jones Industrial since President Obama took office, 38%. Most businesses are thriving and should have little to complain about. Corporate profits rose to a record $1.38 trillion in the second quater of 2010, as reported by the St. Louis Fed. Frankly I don't understand...
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    I gave up the "grail" yet he failed.

    From reading your post, it is not clear if you spent much time with him on imo the most important aspect of trading, and that is trader psychology. One idea would be to let him carry on without your help, so that he can hit as you say a personal low and then step in to help him begin the...
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    Would you rent an apartment to a trader

    Thank you all for your replies. Interesting post RCG. Frankly speaking, indentured servants as you call them make for excellent tenants. They are very reliable, pay rent on time, and are not prone to unpredictable behavior. I am a corporate worker bee myself. Renting to a trader imo is a...
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    Would you rent an apartment to a trader

    Thank you all for your replies. Regarding the real estate aspect of my post, unfortunatly New York City housing laws seem to favor the tenant. It takes many months and considerable amount of effort to get one evicted. Other aspects would be the general uncertainty of our chosen profession...
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    Would you rent an apartment to a trader

    We own a rental property in the city, an apartment which we rent out. Our long time tenant moved out, so we held a open house to screen new applicants. We had this nice young couple come by, his wife is a nurse and he said a self employed trader. In talking with the trader, he said he has...
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    I take back my earlier post about Obama getting a clue. He is an idiot.

    President Obama and the Secretary of Education Arne Duncan are big supporters of charter schools. You have to give the president credit for standing up to the Education machine.
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    I take back my earlier post about Obama getting a clue. He is an idiot.

    President Obama does care about Education. It is one of his hightest priorities. He constantly talks about parents, african american fathers to get more involved. DC school system long neglected is much better since President Obama took office. The number one problem is Teachers Union. Hopefully...
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    Wall Street II is a Disaster

    I wish I had read some of these reviews before I went to see Wall Street II. I walked out half way through. I am a big Josh Brolin fan, loved him in No Country for old Men. I don't think he did a good job in this movie. Many great actors like DeNiro etc do their best work as gritty blue...
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    3 thoughts about behavior

    My BS comment seemed to have pushed quite a few of your buttons. Other than a few silly personal attacks and something about fx, I didn't hear anything of substance. btw. its "om" my way to success. and not "Ohm". Ohm was a German physicist. Ohm's Law defines the relationships between power...
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    LeBeouf turns $20k into $650k during the making of Wall st 2

    I think this thread belongs in religion and politics forum! Mrs. Clinton was extensively investigated about her commodities trading and they found nothing improper. ( ...you know I am a liberal democrate) Granted, former president Bill Clinton, slick willy, was the governor of AR at the...
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    3 thoughts about behavior

    hmm, interesting no further bites on this thread. Maybe it was my ignoramus total BS comment. As Ed Seykota says, psychology is the driver and a trading plan (risk profile) is the road map. I believe Behavioral Finance has direct applications in the area of consumer finance, advertising...
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    CL Redux

    Trade well, and be well, schizo and all others.
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    CL Redux

    sage advice, that won't be from you for sure. The new guy might even teach you how to trade.
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    yet another christian preacher caught up in a gay sex problem

    damn, we will blame this on right wing republican anyway. There must be a republican within 50 miles of Bishop Long's chruch.
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    Obamacare is even worse than critics thought

    Obamacare is even worse than critics thought: Yes, disallowing Insurance companines to dump patients based on pre-existing condition is just terrible. This really hurts the greedy insurance companies. Yes, Eliminating lifetime limits on policies is a terrible idea. Yes, Insurance...
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