Those poetic words are a suitable response to more than one ET post.
The Mind & Trading
- Thread starter mikeriley
- Start date
that is a huge pile of nonsense that cannot be measured, defined or applied. It is low rung psychology. When it comes to the world of science, psychology isn’t one.
It is a subject area that is too subjective; conclusions are mushy, and not falsifiable or repeatable. As a college major, it is not in the top 20 (or 30) highest paying majors but in fact one of the lowest. The same is true for graduate school salaries. Trading psychology recommendations are outright silly: Consider the statement: “The most important attribute for making money in financial markets is self-confidence” but how is confidence, self or otherwise, defined and measured? If self-confidence cannot be defined or measured, it cannot be understood so how can it be the most important? The same can be said for this statement: “Do not trade money until you are fully confident in your strategy”. Since “fully” cannot be measured it is useless. Consider the list of 6 keys to managing trade psychology [1] which include “have an edge” (what is that exactly?); know thyself (who me?) and avoid emotional mistakes (My, oh my). Put psychology to the curb.
Yes, one should be very careful while placing the trades.
This is one of my favorite topics of inquiry, thanks for posting.
The concepts in the paper have been promoted by a number of different sources. The ones I've recognized are eg. Channeled material like Seth via Jane Roberts, Abraham via Esther Hicks, Flower of Life series by Drunvalo Melchizedek, ZPE via Tesla, Keely and Walter Russell, with some western esoteric hermetic content, et al.
All his citations are self-referential. His PhD is from his own now defunct organization.
https://opencorporates.com/companies/us_fl/N12000007732
This doesn't discount the concepts that he is attempting to promote but it doesn't embody a demonstration of integrity either.
In spiritual teachings, all "other" have a role is exercising discernment - one man's guru is another's charlatan. One man's "teaching" can stimulate anger and rage in another. An interaction with one whom is homeless with no possessions can stimulate an "awakening" in another.
Much like coarse rocks in a tumbler, the interaction and relationship of bumping up against "other" creates a polished reflection through the process.
We are all made of starstuff and to the stars we will eventually return.
His PhD is worthless, not only is it from a non-existent non-accredited organization but it was never published and is not listed in the National Library of Medicine and Science. He is a scam committing pompous arrogant sciolism of the worse kind. All else is fruit of the poisonous tree.
Thanks for Posting This!
A trader should always know that mind and trading go hand in hand. As a trader, a person should always be aware of that where and when to spend money. Traders should build a proper trading plan.