Quote from Cheese:
The fantasy that there is a passport to success through some sort of trained mindset or lalaland mind preparation will actually defeat anyone if he doesn't sufficiently know what he is doing and has not learned to know back to front the market he plays in.
cheese, cheese... too bad that before reacting, you didn't go back and read the original post on this thread. Where in there does he say anything about a passport to success or lalaland mind preparation? Where did I say that? Ah yes, just as I thought, you didn't re-read the original post, did you? He simply asked if anyone had an experience of meditation, as a tool for improving performance. You immediately replied from your preconceptions and your prejudices.
Also too bad that you couldn't be bothered to actually read my post before responding. If you had, you would have seen that I
explicitly stated that "money has been lost by newbs who don't learn the fundamentals". So your whole reply is essentially pointless.
Let's continue to tear apart your latest post
It is not a test of mental strength if you don't know sufficiently what you are doing. Its a display of impatience and stupidity.
Again, you seem to be responding to a dialogue in your head, not to my post. I said explicitly that bad decision making by people who know better (by those who have learned what they are
supposed to be doing) afflicts just as many 'pro' traders and other competent market participants as badly prepared newbs. It may be just on certain days, in certain markets, or it may be systemic to their trading. Anything any trader can do to eliminate even one of these mistakes is a positive thing. Furthermore, my point was that there are hundreds of ways to trade the markets and a lot of newbs don't have a bad idea, they just have bad execution and bad trade management, which for newbs trading 100 share lots often comes down to 'honour your own stops' and 'don't revenge trade' and 'try to see the big picture' and 'stick to your game plan'
Do professional athletes use psychologists to help them do the equivalent? Cheese? Do they? Is that all mumbo-jumbo too? Cheesy? Cheeseball?
Every one of us makes sub-optimal decisions. You make a sub-optimal decision every time you decide to enter into debate with me, right? If someone says 'I am going to try this or that technique in order to improve my decision making', the last thing we need is prejudiced, closed-minded, shallow thinkers like you muddying the waters.
Trying to improve yourself isn't dishonourable or superstitious. It's an honourable thing to do, no matter what you try. If meditation helps someone, what's your problem? I ask again - what is your problem? Who the f**k cares what you think about it?
All of this begs the question - what have
you done to try to improve yourself? Not much, I bet. Because it's all bullshit, right?
No one can be expected to press the button and trade in a highly successful way unless he can master and command his chosen market.
Errrr... yeah, okay cheese. That's highly original.
Mental error is the product of not knowing enough.
Holy jesus, cheese. This is so obviously wrong that I am suspecting you of baiting me! Yes, mental errors have never been made by people who knew better (knew enough).
I can't even respond to this last piece of cheese.