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I forgot to add. I asked about the difference between greed and sound business because I do not have the answer myself. I'm interested to know other opinions on this matter. Thanks, Andy

So if a trader's sole purpose is to make cash by taking money out of the market, that would be considered greed? And if another trader's sole purpose is provide the liquidity in the market, capital for companies, etc, for a profit, then that would be considered sound business ettiquette...

Well in order for a mechanic to fix a car, he must know how it works. I think this would be a good thread to learn how the mind works, so we can have the ability to fix it. Andy

There seems to be different sides on the topic of greed. What if those that agree that greed can be good and bad are both profitable. How can that be? I've come to realize that it's ok to be greedy, and other times not ok to be greedy. I think it's ok to be greedy in the long term, only if...

Could it be possible for man to overcome these psychological tendancies? Is it really possible for man to eliminate total fear, greed, hope, etc, or would it be feasible for man to learn to have that balance that was mentioned at an earlier post?:confused: Andy

Please do.

How would you differentiate greed from sound business in trading? Andy

remember the quote Gordon Gekko said to the shareholders of teldart papers in the movie, "Wall Street?" I totally agree with what he said. I kinda see it like how most people think rich people are greedy and evil. I think these people say bad things about them because they have no money...

what kind of money management would you be using for this objective?

what's wrong with SPAM?

If today was September 11, 2001.... would we be here fighting with one another?:confused:

I've neglected some of the most important things. I haven't put much thought into what my edge may be. I do have an idea, and I thought that's good enough and pressed on. I will put more effort in answering your questions while developing my system. I'll ask myself how I can trade these...

Let me think over your questions a bit. I mean I haven't thought of them a whole lot, but I think you got something here though. I gotta go too. andy

For myself, yes I do want money. Why else did I get interested in trading in the first place? From what I've learned, I thought in order to make a lot of money you have to lose attachment with money. I used to play golf competitively. I had a golf psychologist, and the main thing we worked...

The type of craps we play here is different. It's not vegas rules. I just used lay bets, which are the same payoffs. When the point is 4,5,9,10 I would bet against the shooter. That gives me a slight edge because the shooter has a better chance of getting crapped out... 7. Since I was...

What is a trader? Before I begin I'd like to say that I do not know everything. My beliefs are based on the things I have learned so far. There is a possibility that I may have interpreted things incorrectly, so I encourage others to correct me if I am wrong. I'm going to try and be brief...

LOL

Let's say you are at a point where you have just realized a psychological issue of yours. Now what can you do to remedy this certain belief or habit? I'm getting ready to start trading again here shortly. I'm working on my trading plan, and playing games (gambling) which I felt would...

sweet... I'll look into them. Thanx

rtharp, Out of the products IITM offers, I have read "Trade your way...," and "DayTrade your way to Financial Freedom." In order, which product of your fathers do you recommend? thanks, Andy