nickerson334 said:Does anyone care to relate this to trading or the identification of delusional traders?
I don't believe that it could be related to trading, either, or I might have studied philosophy
more earnestly
Split
nickerson334 said:Does anyone care to relate this to trading or the identification of delusional traders?
Splitlink said:Maybe I am deluded. In which case, I have been identified! However, I am unlikely to post reams of pages on the subject, which makes the thread accessibñe to other ideas.
I don't believe that it could be related to trading, either, or I might have studied philosophy
more earnestly![]()
Split
nickerson334 said:--------------
Hi Split,
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I wasn't suggesting in my post that you are deluded.
I meant.... How does your belief system relate to your trading (if at all) and how does your beleif system help to identify narcessistic delusional traders (if at all).
I'm only asking that as I'm trying to relate back to the topic of the thread (posted by Glenn)
I'm suggesting that Zen philosophy may help to develop a successful trader mindset
1: internal peace
2: Some psychological detatchment from money and ego.
Those are the 2 main psychological characteristics (identified by Tharpe in Market Wizards) , which are found in the world's most successful traders.
I'm also suggesting that this mindset will help a trader to easily identify and avoid a 'deluded narcesist.'
The narcessist as described by Glenn has no internal peace and a massive attatchment to self image and ego.
You say your religious belief brings you "internal peace".
This is a successful trader's characteristic.
(according to the research).
Kindest regards,
david
Splitlink said:![]()
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I know! Don't worry, I like to take the Micky out of myself, rather than of other people--- I know what my sense of humour can tolerate!
My "peace of mind" was with reference to what I think may happen to me when I cross the bar, not to my trading abilities![]()
Split
linesniffer said:You've got to believe in mankind.
You can't fully believe in yourself if you don't believe in mankind.
You and i are mankind.
In the main most people are good at heart.
linesniffer said:What is a delusional trader?
Do we all start off delusional?
Is conquering self delusion the key to successful tradfing?
Is self delusion a totally negative concept?
Can a person ever really measure and erradicate thier own self delusion, or is self delusion reality up to a certain point?
nickerson334 said:Hi Linesniffer
The thread is the discussion of a psychological disorder called Narcissism
and how this affects trading.
Anyhows.................................How about I start a new one for the debate over the existence of God?
jacinto said:if you do, and be more than welcome to do so if it so pleases you, would you mind doing it in the foyer?
j
nickerson334 said:Hi Linesniffer
The thread is the discussion of a psychological disorder called Narcissism
and how this affects trading.
QUOTE]
Not how it affects trading, no. You seem to be missing the point. You might want to read the first post again to see what I mean.
And not Narcissism alone, but an extreme form of it called Narcissistic Personality Disorder, which is different.
It's about how it affects the behaviour of the afflicted towards other people, and the effects that that might have for the worse.
Glenn
nickerson334 said:"Anyhows.................................How about I start a new thread for the debate over the existence of God?"
Hi Jacinto,
I was being sarcastic.
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ps I guess that's my fault for using 'the lowest form of wit!
Glenn said:nickerson334 said:Hi Linesniffer
The thread is the discussion of a psychological disorder called Narcissism
and how this affects trading.
QUOTE]
Not how it affects trading, no. You seem to be missing the point. You might want to read the first post again to see what I mean.
And not Narcissism alone, but an extreme form of it called Narcissistic Personality Disorder, which is different.
It's about how it affects the behaviour of the afflicted towards other people, and the effects that that might have for the worse.
Glenn
Oh, ok. I'm here to discuss psychology in relation to trading.
I'll get my coat...............................
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linesniffer said:Everybody is narcissistic, but to varying degrees.
It's when you can't control it that it becomes a problem.
nickerson334 said:Oh, ok. I'm here to discuss psychology in relation to trading.
I'll get my coat...............................
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starspacer said:Good thread and some interesting points. I am particularly pleased that disagreement between contributors has been expressed in a non-aggressive and well reasoned way.
Let me throw open the debate by asking if narcissistic personality disorder is always a bad thing (on the assumption that no-one is harmed)?
For example, some people may only be able to cope in the 'real world' by surrounding themselves with this 'narcissistic shield'. It may give them the confidence they need to interact with others.
As I see it, it is up to the non-narcissist to see whether or not the emperor has any clothes.
In Stephen King's novel Needful Things, an old man runs a shop with the words "Caveat Emptor" written large on a sign. This is ignored by the greedy, selfish people who enter the store. If these people had but thought for a minute, and if they had been more detached from the material world, they wouldn't have entered. Nor should we.