by Peter Yellowfoot on September 2, 2010
2009, 2010 Income Taxes Estimator, Calculator On the internet
Original write-up by Texas Instruments TI-84 Plus Review
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by Peter Yellowfoot on September 2, 2010
Today we will have a closer look at how losers think in this online option trading series.
Tagore – the famous poet: —- wrote , “Pessimism is a form of mental dysomania. It distains healthy nourishment and indulges in the strong drink of denunciation and creates an artificial rejection which thirsts for a stronger draught”.
Losers are just like the lemmings, racing towards the ocean. The trap of rejection and self denunciation catches them and they can’t wait to get more of it ! Parents and relatives constantly bombarding kids with negatives through their lives makes it seem there is a conspiracy to create and keep an attitude of "can’t do" in people . Conditioning continues through song lyrics, television commercials, pressures from friends, relatives, neighbors, social contacts and nearly all of society . Newspapers just can’t be sold, the news can’t be interesting unless you have misery and unpleasantness …. that which the loser is made of .
The losers of the world love misery – it actually brings them happiness. Incredible !
The losing trader is a self-defeatist . He functions best when he is under stress and strain , and he feels right at home when he loses money. He falls apart when he strikes gold in the market … that isn’t what he is used to . He does not know how to enjoy success . Struggling and losing have always been what his thoughts are build upon . A win occurs, he loses it, becomes an expert – then develops what a well know futures trader (Larry Williams) called "the King Kong feeling". Self control is lost and he quickly loses his profits , and he goes back to the struggling and the misery – something he’s used to, – like lemmings going out to the ocean, and he may not wish to admit it but he loves to struggle,- to struggle to win . His mind cannot cope with the winning itself . His mind can cop with struggle. Isn’t it amazing ? Especially if you take a look at it through a online option trading course.
He links an immature posture . It’s no wonder that a friendly political candidate who assures him makes a fool of him "Don’t worry about things. We’ll deal with it. We know what’s best for you" .
A loser has a desire to win that is overwhelming . They persuade themselves they can win , and they come back again and again to try and save face. Programmed into their psychological patterns is the degree of ineffectualness. When success occurs, those events about hypnotize him . Mind hypnotism or a trance occurs to him. This and that gives him sinking feelings . The things he did right he can’t wait to apply, usually to the same market again, but at the wrong time . His mind basically tells him "This really isn’t happening" . He is unaware of where he is. He turns into another person.
[ Seeing a loser win is a great event , but it's sad because you can recognize the trance state they are in , and you know that given time they will lose again - they'll lose so much that they'll be back at the place they started out.]
There are times when a profit accrues, the profit will make their mind so happy , that prematurely they will reach out and grab it. If there is a loss occurring, his mind says it’s all going to work out and he/she hangs on . He cuts profits short and allows losses to run on.
The market is hard to short for the budding trader . To his way of thinking, the sky is the limit and there is no price ceiling. If he buys against base zero, he will definitely grow, since to his mind that is what life is all about, – growth, upward movement .
Next time we’ll look further at loser thinking patterns in the next article in our online option trading series.
