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OK, the truth is that the holy grail is controlling your fear (aka having a pair of steel balls).
Some will laugh because it sounds funny, but most people fear success. If you read Ed Seykota, he says exactly the same thing. For the longest time, I didn't understand what he was saying, and I thought he was just being an a-hole and throwing us for a loop.
But as each loss mounted, I slowly understood what he was saying. Consciously, we all want to win, that is why we troll the forums to help us win. But subconsiously, we fear losing. We fear it so much that we tap into our consciousness to find way to make us winners. Always searching the next great system with the high hit rate, the magic indicator, the perfect timing tool and obviously the Holy Grail.
So instead of having balls of steel, and trading for homerun trades, we keep boxing ourselves into ever decreasing boxes, decreasing target profits and increasing stops to make us right. So there it is, if you get it, then you understand what Ed Seykota was trying to say. And he's right all along.
Last analogy, if you are always fishing for little fish in the kiddie pool, you are not going to get too much food even if you catch a bunch of them. You gotta go after the big fish in the big pool, it only comes onces in a while, but that's what pays the bills.
Last edited by jbfx; 07-06-2008 at 06:55 PM.
Reason: Add Fishing Analogy
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