The real reasons of failure

[Redneck]

Quote from doublef:

I just found the real reasons for failure in trading.

At least, I think they are the real reasons. I am pretty sure they are the reasons.

OP

There really is only one reason for failure – in everything… but doggone if it ain’t the same reason for success also

Simply amazing how that works


Regards

RN

 

[Redneck]

Quote from nutmeg:

So the magic genie appeared to the trader and said, I'll grant you one wish"

The trader said "Hey, aren't you supposed to grant me 3 wishes?"

The genie replied "I already granted you 2 wishes, don't you remember? I granted your first wish and then for your second wish you asked if I could undo the first wish."


"Oh allright, if you say so. For my third wish, I would like to know why I'm a failure"

The genie said "That was your first wish."

Yep - The truth can be a real pita (if you chose to make it so)

RN

 

[MrsSavant]

I give up

 

[Pension_Admin]

Quote from MrsSavant:

I give up

ElectricSavant? Is that you?

 

[doublef]

Quote from Redneck trader:

OP

There really is only one reason for failure – in everything… but doggone if it ain’t the same reason for success also

Simply amazing how that works


Regards

RN

I used to think that the reason for one's failure is the same reason for one's success in trading.

but I changed my mind.

Logically it cannot happen, there is no way that the same reason is responsible for both failure and success.

Yes, at one point I was amazed by the "discovery" that failure and success share the same reason.

But when I got down to the solution, it just didn't work, because I had to do the same thing that I had been doing, the same thing that caused the failure. If it continues to cause failure, it cannot cause success.

so solution-wise, it is not productive to think failure and success share the same reason.

you just can't consider a prostitute as your lover, though both are women. well, the spiritual leader of Tibetans is an exception.

 

[Redneck]

Quote from doublef:

I used to think that the reason for one's failure is the same reason for one's success in trading.

but I changed my mind.

Logically it cannot happen, there is no way that the same reason is responsible for both failure and success.

Yes, at one point I was amazed by the "discovery" that failure and success share the same reason.

But when I got down to the solution, it just didn't work, because I had to do the same thing that I had been doing, the same thing that caused the failure. If it continues to cause failure, it cannot cause success.

so solution-wise, it is not productive to think failure and success share the same reason.

you just can't consider a prostitute as your lover, though both are women. well, the spiritual leader of Tibetans is an exception.

Ahhh but....

It is fact – one can consider a prostitute a lover – if one loves her

It is also fact – the reason (its very essence) for failure and success emanates from the "exact" same source

Thusly I shall hold that they are very intimately connected… (you see I’ve made the same upstream swim as you)

Now the logical conclusion at this juncture is – we can agree to disagree – and still be happy


Aside
I can see you have given this some thought – and as I would never propose to know what I cannot…

I would however – if you’ll permit – suggest it is highly possible you have found what you seek – else you’re damn close to it

Congratulations

Trading is after all a journey - and it never matters what we think - really – only how…


And btw I am still a just a dumbass redneck

See Ya
RN

 

[flyingdutchmen]

The real Reasons of Failure

 

[doublef]

Quote from Redneck trader:



And btw I am still a just a dumbass redneck

See Ya
RN

you are very smart and think very hard, I think you must work very hard too.

you have spent a lot of time on things that are related to trading, but not essential to trading. it is natural because you approach trading from a distance and come across many interesting things as you get closer to the gist of trading.

as time goes by, you will get rid of those things that are not essential to trading (some of them are plain wrong, but we didn't know when we started, we probably thought they were good stuff, occasionally we might mistake them for holy grails...).

it is not necessary to know the reasons of trading failure, a trader can make a profit without knowing them. the trader is like a monkey that is thrown into a metal cage. when an electric current is sent through the metal cage, the monkey will jump around until it lands on a rubber mat at the corner of cage, that is when the monkey successfuly avoids electric shocks, the monkey doesn't know rubber is a kind of material that insulates it from electricity, it only knows that if he stands on that black rubber mat instead of the metal floor, it won't feel any pain.

 

[Redneck]

Quote from doublef:

you are very smart and think very hard, I think you must work very hard too.

you have spent a lot of time on things that are related to trading, but not essential to trading. it is natural because you approach trading from a distance and come across many interesting things as you get closer to the gist of trading.

as time goes by, you will get rid of those things that are not essential to trading (some of them are plain wrong, but we didn't know when we started, we probably thought they were good stuff, occasionally we might mistake them for holy grails...).

it is not necessary to know the reasons of trading failure, a trader can make a profit without knowing them. the trader is like a monkey that is thrown into a metal cage. when an electric current is sent through the metal cage, the monkey will jump around until it lands on a rubber mat at the corner of cage, that is when the monkey successfuly avoids electric shocks, the monkey doesn't know rubber is a kind of material that insulates it from electricity, it only knows that if he stands on that black rubber mat instead of the metal floor, it won't feel any pain.

Thank you for the very kind compliment – I do think of myself as a hard worker


But for the record Sir – You think what you will – I will do what I must (and yes so far today I am green – without much thinking involved)


Now give them monkeys some nanners


Regards
RN

 

[Mav88]

the trader is like a monkey that is thrown into a metal cage. when an electric current is sent through the metal cage, the monkey will jump around until it lands on a rubber mat at the corner of cage, that is when the monkey successfuly avoids electric shocks, the monkey doesn't know rubber is a kind of material that insulates it from electricity, it only knows that if he stands on that black rubber mat instead of the metal floor, it won't feel any pain.

how the frack do you know that?