Trading And Falling In Love

[Guest cooter]

I'm going right off topic here, but governments around the world have acted quickly to prop up the banking system. It seems to me that the only thing that governments do by reflex is deception and PR, same thing really. It is making me uncomfortable. False confidence is not what I want.

 

We've had false confidence in our monetary system since Bretton Woods was abolished by Nixon in 1971.

 

Basically all the world's currencies are fiat money backed by nothing but the government that issues them.

[PYenner 10]

Well its good to discover that the shift of manufacturing from the US to Asia had nothing to do with the balance of trade deficit or the decline in US manufacturing. Now I can stop worrying about the next shift to India and China. For a while there I thought the entire developed world would have to find work in the insurance and finance sectors because that would be all that was left outside China. It was just George Soros shorting the dollar for 15 years and he has learned to behave himself now. Don't worry, be happy, coz every little thing gunna be alright.

[PYenner 10]

Doc

 

Have been in a day dreaming place.

Asked myself what reality looks like through your eyes.

"The universe moves"...

and human reality does not have to be a state of quiet despair.

 

Thank you for the gift and for the love of humanity that motivates it.

[PYenner 10]

One of my own personal complex I hold is my lack of book smart due to my limited educational background. Many traders on this board have the academic knowledge and the wisdom through years of life and trading experience ahead of me. Although I have been told that I am extremely street smart, this is something I have been working hard to grow. It has been a life of academic catch up for me the past few years..... thank you very much for sharing your posts PYenner and the responses Dr. Janice. It is through these readings that my knowledge grows in creative ways and allows me to originate thoughts and ideas on my own.

 

Thank you Soultrader, you and Dr J have something exceptional going on here.

 

I see some really sound people here, making an effort and when they seem to be beating themselves up unfairly, I dunno it just started coming out. Don't like to see unfairness.

 

The constructive stuff does need to be recognized and rewarded, thats how you keep it growing and keep it doing you more and more favours. Its a pity people don't support themselves the same way they try to support their kids, with encouragement for the good stuff.

 

You come across as sound and considered, much older than your years.

It has surprised me that I can still learn so much market stuff in my 50's, it seems if you have the need you can keep on learning, it isn't all downhill past 25 or 40 after all. There is hope for all of us yet.

[monad 10]

Thank you Soultrader, you and Dr J have something exceptional going on here.

 

I see some really sound people here, making an effort and when they seem to be beating themselves up unfairly, I dunno it just started coming out. Don't like to see unfairness.

 

The constructive stuff does need to be recognized and rewarded, thats how you keep it growing and keep it doing you more and more favours. Its a pity people don't support themselves the same way they try to support their kids, with encouragement for the good stuff.

 

You come across as sound and considered, much older than your years.

It has surprised me that I can still learn so much market stuff in my 50's, it seems if you have the need you can keep on learning, it isn't all downhill past 25 or 40 after all. There is hope for all of us yet.

 

On the contrary, many started their trading career after 50, some after 60 and have achieved great success, there is wisdom and less desire for macho trading. Humphrey Lloyd " Trading S&P Futures and Options" is one of those guys , at 70, he made over a million from the markets and still has time to practice his skydiving skills:)