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Old 08-14-05, 02:22 PM
idejan's Avatar idejan idejan is offline
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Wave Principle And Forces Behind The Markets

Hello everyone,

In my previous posts I have started writing on something I believe to be essential, and even that at this point it may seem confusing how it relates to Trading Markets, I'll hopefully come to that at the end.

I have previously talked about Needs, Dreams-Hopes-Desires (I'll use the word Expectations for simplicity from now on), Abilities, Actions and Results. And it seem like a one way road.

And to the some point it is.

But first let me try to recap and then continue.

All human have same fundamental NEEDS, but develop different Dreams, Hopes, Desires (Expectations) by the surge to satisfy their NEEDS. To satisfy those Needs man should obviously do something, ie - take Action(s). Expectations are the MOTIVATION (the fuel) necessary for one to take ACTIONS.

Now, For the purpose of performing Actions, we would need to develop or adopt a certain method, or general set of tools and guidelines suitable for that Action(s). Our innate potentials, to accomplish either what is physical or mental, those row latent capacities or abilities, talent, physical abbility, intelectual and emotional aptitude, ie SKILLS, determine the APPROACH(es) we develop. On a higher level APPROACH determines if on is a BE-ER or a DO-ER or if his general approach to problem solving is to adopt him self to the situation or enviroment or to adopt the enviroment to himself.

And we now enter the real world and start to practice our Actions with our Ability using our Approach, driven by Expectations derived from our Needs.

So we act and interact with others (their actions) both mental and physical.

The cummulative effect of that action and interaction in observing and/or participating in mental and physical activities until they become familiar represents our EXPERIENCE. And that's how our Ability get's it's practical component. But just because those activites become a second nature, does not mean we are necessarily good at them. It is the innate Skills and the Experience together, that determine the our real ABILITIES. So every day aggregate activities (actions, interactions) are the building bricks of mens Experience determing that way his REAL ABILITIES.

So what that cummulative effect, ie Experience, realy does is making us constantly evaluate and redevelop or adopt our Approach. The side effect of that proces is that when ever we feel we are not able or feel being able for more, we also evaluate and redefine our Expectations. If we feel ABLE then our Expectations grow and opposite. If how ever our real Abilities luck of either Skills or Experience we could easily end frustrated, since our Ability could not fulfill our Expectations.

So driven by our expectations to satisfy our needs we develop Approach and start practicing our actions, by what we interact with other people (practicing their actions too), we build up an Experience, which then helped in determing our Real Abilities by adding a practical side to our innate Skills, and also made us constantly evaluate our Approach and Expectations.

To make it simple in a way if our Experience says we CAN and we than say GO, and if it says we can't we say STOP.

In that combined effort of our Skills and Experience in the persuit of our expectations, as I've said before, we are not necessarily good at what we do. So we experience both Pleasure of success and Disapointment of failure on our pursuit of Happines. It is how accumulated interactions, help developing ATTITUDE.

Attitude is the manner in which we procede with our Approach. We may be hard driven, cool, assertive, but in general we could have a positive or negative attitude.

And here we are to the point were we can say that:

It is the Cummulative mannor (Attitude) with which we all procede with our developed and adopted methodology of doing and being (Approach) in our Constant persuit of fulfilling our Expectations which derive from our Needs, that creates the Social Trends and Tendencies (General Sentiment).

That is the place where the Wave Principle comes in.

Since there are number of sources on the Wave Principle, I will not go into explaining what has already been explained by people with much more knowledge and understanding of the Wave Principle, but in some of my next posts, I will try to make some practical observation about trading it.
I've tried to give as possible simple explanation of very simple and intrinsic issues, but it seems that the most simple things take more time to explain, as for to me an unknown reason people do not accept simplicity. It seems to me that most probable reason for that however could prove to be the constant need of men to be Clever, and like simplicity insults cleverness. It is pobably there where our constant need to complicate an obviously simple things derives. At least it's how it appears to be.
ID

Last edited by idejan; 08-14-05 at 05:18 PM. Reason: typo