The intelligent man is not greedy or fearful

[acronym]

Vhehn, randi is a fraud , for mine.
Hes an illusionist allright. The prize has been won, many times, just not by his illusory standards. I looked into it once, at the time he didnt even have the liquid mill to back it up.

Just a cheap , lousy promotional stunt.

Further, i did see a doco, covering the work of a reasonably respected university, that showed the buddhist monk actively changing his brainwave patterns, measurably through the known spectrum.
Whether that is supernatural, or something that could benifit the average person, i dont know.

 

[shortswing]

Quote from ozzy:

When I get rich, I'm going to build a pole in the office and have strippers come in and dance during lunch and AH's. That will be my form of meditation.

I can't wait. I'm going to have so much fun.

Don't forget to invite me

 

[cooldude]

Intelligence in trading? i.e. dumb people will lose?

Nah!

All it needs is to buy and sell back higher or sell and buy back lower.
How much intelligence does it need? None!

Then what does it need? Just be in sync with the price action.

Don't make simple things complex.
Humans need to make simple things complex just to show how smart they are.
It is snobbishness and it is a fool's pride.
If things are easy, humans think: there must be a hidden catch!
Humans need to lose to get the 'authorithy' to say:
"didn't I tell you guys that it is complex and difficult?"
And it makes them happy losers.

 

[ozzy]

I agree and disagree. You don't need to be smart to trade futures, currencies, stocks etc. Discipline, patience and the desire to win are the key attributes (EQ) involved here. The one problem with being dumb is that you'll never be able to take it to another level, ie trade complicated products which require IQ + EQ.

Peace. Time to push some weight.

ozzy

Quote from cooldude:

Intelligence in trading? i.e. dumb people will lose?

Nah!

All it needs is to buy and sell back higher or sell and buy back lower.
How much intelligence does it need? None!

Then what does it need? Just be in sync with the price action.

Don't make simple things complex.
Humans need to make simple things complex just to show how smart they are.
It is snobbishness and it is a fool's pride.
If things are easy, humans think: there must be a hidden catch!
Humans need to lose to get the 'authorithy' to say:
"didn't I tell you guys that it is complex and difficult?"
And it makes them happy losers.

 

[andrasnm]

I emailed Randi if had had ever been to India. His response was rude. Needless to say it tells me volumes of what kind of a person he is. A self-important asshole.

Quote from acronym:

Vhehn, randi is a fraud , for mine.
Hes an illusionist allright. The prize has been won, many times, just not by his illusory standards. I looked into it once, at the time he didnt even have the liquid mill to back it up.

Just a cheap , lousy promotional stunt.

Further, i did see a doco, covering the work of a reasonably respected university, that showed the buddhist monk actively changing his brainwave patterns, measurably through the known spectrum.
Whether that is supernatural, or something that could benifit the average person, i dont know.

 

[Zaducktor]

Quote from popesidious:

As traders we spend a lot of time researching on economics, technical indicators or price action but I would like to know how many of you spend time working on their souls.

Hello,

I would like to say that it was only when I got to study my inner self, the genesis of my greed, of my fear, of my sometimes delusional thinking, of my impatience, of all the bad sentiments that used to sabotage my trading, that I started to become consistently profitable.

There are many good books about this subject, but the one that made the biggest impact on the way I see trading (and the mistakes I used to make) was "The Compleat Day Trader II" by Jake Bernstein.

Hope this helps

Zaducktor

 

[risktaker]

The intelligent *and* hmmm wealthy man/trader reads ET.

 

[andrasnm]

"Doubt everything. Find your own light." -- Gautama Buddha

 

[gnome]

Quote from ozzy:

"... When I get rich, I'm going to build a pole in the office and have strippers come in and dance during lunch and AH's..."

This basic desire binds all traders as brothers.

 

[murfy_kl]

Quote from gnome:

This basic desire binds all traders as brothers.

Couldn't agree more....