Trading Is War..Or is it?
- Thread starter PoundTheRock
- Start date
That is ridiculous.
Are you going to tell me that a man named Hitler and his Nazi friends butchered millions of innocent people all because they were in a shitty economic condition.
Yes, Germany's economy was doing poorly mainly because of their losses in WWI ... the whole economic problem was just a ploy Hitler used to add fuel to his campaign.
--MIKE
What he represented and did is purely based on hatred and insanity.
Maybe he won the election because of the poor economic conditions.. but the rest was outside of morality.
I see economic conditions only a small factor... the main issues being hatred and insanity.
--MIKE
I watch the Hitler channel all the time. Can not stand regular TV so its Discovery Channel, History Channel etc.
I have seen the whole Nazi spill many times and without a doubt economic conditions were the lever that the Nazi's used to get into power. After they got into power other issues were exploited.
After they got into power they developed even more extreme policies which naturally evolved into land grabs and then War.
John
I have seen the whole Nazi spill many times and without a doubt economic conditions were the lever that the Nazi's used to get into power. After they got into power other issues were exploited.
After they got into power they developed even more extreme policies which naturally evolved into land grabs and then War.
John
Quote from PoundTheRock:
Agree, "trading is war" is a goddawful cliche for those who never actually fought one.
Good point, Trading is War is a bogus argument.
Here is what Mark Douglas has to say about trading is war.
The following is an informal interview of Mr. Douglas' cerebral and practical approach to trading.
1. My question of Mark would be "How do you keep yourself psychologically fresh for this battle day in and day out?
Answer:
First of all, if trading is a battle and you don't want it to be, then you've got some work to do. Ultimately, to get to the point where you can make money on a consistent basis your trading will have to evolve to the level of being easy and fun. Getting ready for a battle implies there's going to be a struggle of some sort. On the other hand, when something is fun you wouldn't need to prepare yourself for a struggle.
When I say you've got work to do, I mean there are several "psychological" trading skills that have to acquire before anyone's trading gets to the point where it is consistently easy and fun. All of these skills and how to acquire them are explained in detail in both of my books "The Disciplined Trader" and Trading In The Zone."
Besides reading my books, you also might want to explore your true motivation for trading, because I've found that many people love the battle and all of the drama that goes with it. And even though they tire of it from time to time they have no intention of giving it up.
I would also ask to you consider if it's really the market you are struggling against. I look at the market as a steady, never ending stream of opportunities to enrich oneself. Each up or down tic gives each of us as traders the opportunity to get into, add too, detract from or exist a position for a profit or to cut a loss. "The Market" has no control over how we perceive these up or down tics, the decisions we make or the actions we take. So who or what are you actually getting ready to struggle against?
I have a suggestion that could have a very positive impact on your trading results. Consider "not trading" on the days that it's a struggle. There's no rule that says that you have to trade everyday. Except, of course, the one that may be in your mind. One of the most important principles of success I teach traders is if they're not in the best "state of mind" to trade, then not trading is the same a putting money in the bank.
Of course not. Just like you don't think about the $2 fee when you use an ATM or the $9.95 when you buy a coffee at Starbucks. But that doesn't mean there isn't somebody else who thinks about the money. But then again, wars don't really have money as their ultimate reason. Hitler or Bush didn't just want money for their citizens or themselves. They wanted power in its pure form.
From Techniques in Tape Reading:
There is another important trait of the beginner trader that he should realize. Trading is a fight for him. Every day is a battle. Every trade is a battle. Every morning he goes to war. If this is a war, then there should be an enemy. The next natural step is that the trader defines his enemies. A list of foes traditionally made by traders is going to be very familiar to a reader. Market makers, specialists, analysts, short sellers, CNBC commentators, etc. will fit in this list.
This mindset creates a powerful and extremely harmful concept of THEM; some unreachable mighty force that manages all the market movements and ruins the traderâs brilliant plays. This concept satisfies the traderâs ego while taking responsibility away from his own actions. It allows them to place the responsibility for their recommendation that goes badly on some of those traditional enemies. They reinforce this wrong way of thinking, significantly lessening their chances to learn the game.
Our perception of "war" and "trading".
Regards,
Chris
There is another important trait of the beginner trader that he should realize. Trading is a fight for him. Every day is a battle. Every trade is a battle. Every morning he goes to war. If this is a war, then there should be an enemy. The next natural step is that the trader defines his enemies. A list of foes traditionally made by traders is going to be very familiar to a reader. Market makers, specialists, analysts, short sellers, CNBC commentators, etc. will fit in this list.
This mindset creates a powerful and extremely harmful concept of THEM; some unreachable mighty force that manages all the market movements and ruins the traderâs brilliant plays. This concept satisfies the traderâs ego while taking responsibility away from his own actions. It allows them to place the responsibility for their recommendation that goes badly on some of those traditional enemies. They reinforce this wrong way of thinking, significantly lessening their chances to learn the game.
Our perception of "war" and "trading".
Regards,
Chris
Personally, I equate trading to farming.
Some seeds grow, some do not. But it still costs money to put them in the ground.
Or you can equate it to fishing. The tackle is expensive and sometimes you get a big one, and sometimes you let it get away. But most of the time you get more bait as the reward.
This war and fighting analogy is not my style.
Some seeds grow, some do not. But it still costs money to put them in the ground.
Or you can equate it to fishing. The tackle is expensive and sometimes you get a big one, and sometimes you let it get away. But most of the time you get more bait as the reward.
This war and fighting analogy is not my style.