Carl Jung quotes and trading parallels

[MrPaul 10]

After reading "The Wisdom of Carl Jung" I was impressed by many quotes to say the least. A few had a subtle and fantastic parallel to trading.

 

"It's enough to drive one despair that in practical psychology there are no universally valid recipes and rules. There are only individual cases with the most heterogeneous needs and demands-so heterogeneous that we can virtually never know in advance what course a given case will take, for which reason it is better for he doctor to abandon all preconceived opinions.

This does not mean that he should throw them overboard, but in any given case he should use them merely as hypotheses for a possible explanation"

 

 

"The greatest mistake an analyst can make is to assume the patient has a psychology similar to his own"

 

 

"Unfortunately far too many of us talk about a man only as it would be desirable for him to be, never about the man he really is. But the doctor always has to deal with the real man, who remains obstinately himself until all sides of his reality are recognized. True education can only start from naked reality, not from a delusive ideal"

[Yorkid 10]

"Freud it was in that dawn to be alive,

But to be Jung was very heaven..."

[Yorkid 10]

Or it might have been:

"Bliss it was in that dawn to be Freud...", etc.

I'm pretty good at getting quotes wrong.

I think it's in Ernest Jones's biography of Freud.

 

What does your original observation say about Jung? That you can read pretty much anything you want into him in the way that one can with the markets?

Blank slate, Turing machine, all that.

Are you familiar with Nassim Nicholas Taleb's concept of the narrative fallacy?

Look here

Nassim Nicholas Taleb Home and Professional Page

and here

Opacity

Attempting to trade using Elliott Wave analysis myself, I'm very interested in what drives the markets, in the way I think you're referring to by analogy to Jung and the meaning of the integrity of the personality. Is it possible to get beyond what one is tempted to read into markets by virtue of one's participation in them, in the way Jung attempted to get beyond overlaying inappropriate assumptions on his patients? What would an empirical approach to the markets really look like? Has anyone tried it? How would we know?? Thoughts???