Quote from facultus:
In the middle of reading "Moneyball" by Michael Lewis. ... how do you get it back?
Yes, there are a lot more as you suggest.
To use another sports analogy, golf, you notice that your game is always changing, at least I do. But in trading it is much worse. More like a one way street that you can't use to return.
People have difficulty understanding that their path is a sequence of events and that they continually are spending energy to get to the next place.
As things deteriorate, the energy that you tie up increases and, thus, there is less energy available for anything else but maintaining the drama you have created and it's corresponding pictures.
Once you are consuming nearly all your energy on failure, you lock into a mind set that is permanent for all practical reasons.
Here, you see that many people have a "survival" modus that is based on the "safety" of "knowing" how to do survival. Unfortunately, they are definitely in a failure mode and are deepening their entrenchment in this safe survival place called failure. Years of it as you often see.
Golf shows you all of this. Most people continue to play lousy golf all their lives. They do vary the poorness of their games in a range of performance but there are always a bunch of holes they blow every round. I don't believe anyone's attitude every changes under these circumstances. It is simply a one way street because they do not know the way out nor are they willing to risk stepping out of the "safety" of the skills they have built practicing "failure" as their survival modus.
This is just a verification of your big league sports story.
Beginning of a great thread. It will be neat to see if and how different people finally did get out of their safe failure places.
