Quote from focusonmoney:
So he learned from the experience and not the mistake? I kind of disagree with you on this (in a friendly way)... Let me explain why.. First, I believe we do learn from our mistakes.. Let's take the story above for an example..
What comes first, the mistake or the experience? Clearly the mistake comes first then the experience.. So that being said.. We can clearly say we are learning from the mistake because the mistake creates the experience.
Just because he/she have learn from their mistakes doesn't mean they will not repeat them over again.. And that's the problem..
Most people do not have the mind control to stop repeating the same mistakes even if they learn from them.. I have learn from many of my mistakes but somehow I will repeat them over and over.. Does this sound familiar?
Of course we all do the wrong things over and over, as we are human and our emotions play a big part of how we think and thus act.
Most people have heard about the so called secret and how it can change you for the best.
Most people, including myself up to not too long ago, fail to see that we create our own reality by our thought process, or to be more specific, by the thoughts that we dwell on mostly.
In theory there is no such thing as a mistake, and therefore you are correct, as all our actions are but a result of our past experiences, which are different for everyone, but some experiences tend to affect some people in different ways, e.g, one child brought up in a strict catholic household might have a different outlook on life than another child in the same house, in that one may accept the rules while the other may rebel against the rules and be turned completely off religion altogether.
Individuality is in every person at birth. Many keep this individuality for many reasons, most of which I would imagine are still unknown to us, and many others lose it as sure as they lose their first tooth.
The secret, imho, is discovering what makes us different, and then, if we want to we can go about changing what we have if life by changing our individuality.
In the past, this might have been called character building, today they give it fancy names and box it to sell for profit, but no person needs anyone else to tell or show them how to make their life better, but the surely need to know enough about themselves to enable them to make any lasting changes.
It is a big word for most, but Introspection is the Key to the door to all the secrets that one can discover, but due to the "way we are", not too many have either the patience or the wisdom to understand, and more importantly, practice it.
In relation to trading, I will bet you $1K that if you ask any successful trader what he / she thinks about all the "experts" and their vast mountains of knowledge, they will all agree that it is all hogwash, and the real wise person is the one who sees this at a very early stage and quickly goes about gathering the required information that he/she needs in order for them to improve themselves.
The pot of gold does exist, as I mentioned in another thread, but it is at the opposite end of the rainbow to where most will search, and how does one see the difference between the two ends, easy, if one but look at the colors and how they are arranged!
