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Also when the market makes a bigger than a usual move... it creates some stress in the observer... whether you are in it or not. But if you think about it... this reaction is merely perfectionism and crowd madness. One can get hurt by several ways: A) "I knew it would go up but now the...

Great point... I am gonna try that actively. Thanks. :)

Rules should be make to save us from occassional disasters over the long haul despite inconvenience. Breaking the rules is the exact opposite of having rules... Do not look for the override button. If the rule does not work or clashes one another then that is another problem. It's best to...

"POKER RULE #100: Make sure you know when you're on a cold streak... He is not aware of his condition. He is not stepping back from it and seeing it -- and, more important, not acting on this information. As a result, as cold as he is, you often see him right back in there on the next hand...

"POKER RULE #99: After a major poker failure occurs, resist the temptation to do something big, dramatic, and fatalistic... A better idea is to pull back and reset. Play tight again. Return to your best game; return to the Zen..." Trying to make back what I lost by pressing or imagining...

Hi Flash, I just mentioned this at the other thread. When I begin this thread I know about not taking marginal trades from Larry's book and from my mentors. But it takes the birth of my son to really hammer this into my head. He taught me what it really means to be risk-adversed that no...

"POKER RULE #98: Don't give in to the death wish... It is saying, 'I might as well keep throwing my money away at this point, because it doesn't matter anymore.'" This one gives me the cold sweat. This is a very dangerous situation to contend with. Somehow I have to shift back to neutral...

This subject is indeed important. I can see myself tangent off into some unhealthy way and waste years without looking at this. For instance, I know many schools of thoughts (including some Buddhists) encourage this cold turkey brute-force approach to discipline the mind which is compared in...

The more one try to control the images and voices... the more stimulating they becomes and the more likely they will appear again in the same manner. The pith instructions from the Tibetan Buddhism lineages suggest that we could: (A) leave it alone and don't get involved with its content...

Hi Larry, Thanks for a more scientific explaination. I always appreciate that. Regards, William

"POKER RULE #97: Resist the allure of failure... You must keep the focus on winnning, no matter how seductive some of these darker states of mind may be." Like Larry suggested, we all know how to bring the focus back to the basics. I remember when I was a beginner Buddhist (I still am), I...

"POKER RULE #96: Don't succumb to victim thinking." The market is too big to care whether you are long or short. Do not inject your emotions into a single trade within a statistical run. Conserve your vitality.

"POKER RULE #95: Don't get in touch with your victim side." Marty Schwartz: "God, I hated negative thinkers, they were such losers." "Winning is a habit... so is losing."

I think it's a chicken and egg thing and for all practical purposes, I still want the market to tip its hand more than ever... I mean if there is no bias or imbalance then why do I even bother to enter the market?

"POKER RULE #94: The cards will tell you how much money you are going to win... The cards will let you know the range you are going to be in; your job is to maximize it... Don't overplay your cards. Success in poker is a rhythm; don't try to go outside the rhythm... " The setup, market...

Testing my new stupid resistance theory right out of the gate, lost 2 points in a minute fighting the trend... lost another point and more trying to get my money back. Scalp back to 1.25 point loss and took a nap. Scalp back to even and took another rest. Ride the late move after 3 pm and end...

"POKER RULE #93: Don't Panic... Stay focused, quiet, and alert. The good things can occur suddenly, and they can occur in bunches. (They can also occur right at the end of the night.)" Marty Schwartz also believes in good things happen after bad and you have to be there to take advantage.

"POKER RULE #92: Skip the last two hours of the game." This may apply to the final hour of the day session when people have to reach for stocks to accomplish their agenda... running out of time and energy to fight. In general, it is good not to fade a late move.

Thanks again, Larry. This reminds me to address such problems in a top-down manner... Time for me to dust off that meditation cushion. :)

"POKER RULE #91: While being in a good mood doesn't guarantee success at poker, being in a bad mood almost always guarantees that something is going to go wrong." This is like road rage. Distorted perception can get you killed a hundred ways. There is a tendency to come up with imaginary...