You are very insightful in your writing. I like the quote.Quote from fearless9:
"The greatest vulnerability amongst Traders (if ET is anything to go by) is greed ... pure naked greed ... the overwhelming desire to grab something before a full understanding of the "what, where and how" is achieved."
The second half of this sentence intentionally qualifies the first.
When someone understands the "what, where and how" of trading then the perception of greed/hunger disappears and the hole left behind is replaced by the thoughts and subsequent actions that generate consistent profits.
Until this thought process occurs the trader continues to bluff him/herself and dazzle others with stupidity and childish statements.
It is the very reason for failure in this game. Simply because at the retail level there is no possibility of employing the level of manipulation being played out in the outside world with so much apparent success.
regards
f9
I imagine the greatest hurdle most traders must overcome is to learn to think for themselves.
"The greatest vulnerability amongst Traders (if ET is anything to go by) is greed ... pure naked greed ... the overwhelming desire to grab something before a full understanding of the "what, where and how" is achieved."
However, I respectfully have to disagree. If greed is the only motivator of people we would not have to deal with these dam politicians and their continuous lust for power (with some greed thrown in). Many traders also have a power lust. A few abuse it and become the mind controllers I speak about.
This statement is a fundamental point.
âI imagine the greatest hurdle most traders must overcome is to learn to think for themselves.â
I would add âEven fewer put what they think they know to the test so they may have good cause to defend their beliefs.
Regards,
RabbitOne
