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Old October 20, 2000, 06:27 PM
Gordon Alexander
 
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Default One big problem with TARP...Think And Reach Par...

The problem with my golf system is...

It works!

So how is that a problem?

At the highest levels of the game, mastery of the emotions at CRITICAL times is what separates the guys in the green jackets from the Greg Normans (no offense to Greg, he's one of my favs)...

Same goes at the poker table...and in trading...

I even see it in antiques...

It has to do with the THRILL, the rush, the high that comes along with it, and not so much the win/lose thing.

Almost any golfer can instantly improve (I've proven it for over 10 years with TARP)...BUT,

it requires that you separate your action from your emotion...

Watch Tiger Woods today...a more "controlled" emotional golfer than he was 3 years ago...but still charged up...still letting it out...

but much more in MENTAL control...when things go right or wrong...

Ben Hogan, Jack Nicklaus, David DuVall...and many others play (ed) in CONTROL of their emotion, you'd be hard pressed to figure out if they are winning or losing just by looking at them.

There is a certain detachment, knowing that in golf there is BAD LUCK, it even has name, called "rub of the green"...

Same goes with trading...just as you hit SPEND MY MONEY...there is a coup in some foreign country that makes it skitterish...a little bad luck on margin goes a long way toward macaroni & cheese every night...

The secret to a better game of golf is to ELIMINATE your mental mistakes by following a system of thought...one that takes the emotions out of it.

The problem is that most golfers NEED to have that high when they hit that ONE good shot a round...to contrast against the dozen or more stupid shots they hit.

So, for a few golfers, their JOY is not in playing a better game (beating the course {market}) but in getting the adrenaline rush from that great recovery shot they hit on the 14th...never mind they went 8 over their handicap.

A really good golfer plays with intensity and to the highest level of his game THAT DAY...and it varies from day to day. He/she has to manage what game they have working...and if they can do that on an OFF day, then they stay near the top.

I'd bet the same goes for traders, those that can lose and say OH WELL, and come back for more tomorrow, are probably still in the game while others want/need the rush...

The secret is...

NOT caring if you win/lose...

the day...

but if you can maintain your handicap over the long haul.

But emotional involvement makes it difficult for some personality types.

I suspect the TARP system would work well for investors and business people too. It is all about MENTAL MANAGEMENT...

good luck, and in trading, this little golf tip might be apropos...

"slow down...and follow through"

Gordon Alexander
 


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