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Re: The learning cycle for a newbie trader
Dunno if anyone is familiar with a guy called Henry Rollins ? Well anyway read something in one of his books that i thought was very true and also very related to trading........
"Long ago i threw out the idea that the world was against me, trying to undermine all that i was trying to do. I used to think the same thing about life itself. I used to think that life was hunting me down and trying to destroy me. I have found that to be untrue. It's always the easiest way out, trying to blame your problems on something else, someone else. I threw out the ideas that the world and life were my enemies. I found that i was protecting myself from the real enemy that i had not yet dealt with - myself. As soon as that was stripped away, i saw things more clearly."
Maybe change the words "world" and "life" in this for "markets" and it'll seem more relative ? Basically we are our own enemies, not other traders, not the markets not such and such and so forth !!! Took me over 3 yrs to learn that one !
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