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1、TRADING-ALIVINGTHINGbyDavidE.BowdenWereallylityourfusewithourProfitProphetseriesfor1994.Ofcourse,itistremendouslyencouragingtoseesomanywanttobeinvolvedafterourMoneyWizardseminars.Theseprogramscomeasaresultofthefeedbackwehavehadfromtradersoverthelastfiveyear
2、s.AsIsaidtoyouwhenwritingaboutourProfitProphetTeleconference,timehasbeenmyproblem-especiallyoverthelasttwoyears-butIhavetakenstepstokeepthingsundercontrol-howaboutyou?MySecretsofSuccessIstillgetlabelledwiththat“overnightsuccess”taginthepress.Itmakesmesmile.
3、Youcouldsayithasbeenalongnight,butthis“timeperiod”doesgivemeaworkingknowledgeofwhattradersneedin1994.ForthoseofyoujuststartingoutImustsaythattheverybestIcanpassontoyouinyourearlydays-theveryessence-comesfrommyearlydaysasatrader.Sure,Ifeeltheenthusiasmyouput
4、intoyourletterstome,andIenjoythehumour,butinothercasesIpickupthedrama.Whatisitreallyliketomakeit?BeforeIanswerthat,Imusttellyouonething.Aswellaslearninghowtoride,youmustalsolearnhowtotakeafall.ThisisthefirstthingIendeavourtoteachmyboys.Soyourfirstquestionsh
5、ouldprobablybe“tellmeaboutthehardtimesthatareapartandparcelofmakingit”.IfeelIamqualifiedtoanswerbothaspectsofthatparticularquery.Disciplineisthefirstrequirementofatrulyexcellenttrader.Ananalyticalmindhelps,andawillingnesstochallengethestatusquoalsocomesinth
6、eresomewhere.Someofusarelackinginotherareas.Perhapswehaveneveracquiredtheabilitytoformulategoalsandobjectives.Ithinkweallneedaspotofcreativityeverynowandthenforour“plans”tobeborn,tosproutwings,andtofly.I’dhatetothinkofaworldwhereitisallplanningandnoflying.I
7、nsomecases,eventocreateaplan,weneedtheabilitytoaskquestions.Iamoftenamazedatsomepeoples’lackofskillinaskingtherightquestions.Thisismoreoftenaproblemforthosewhohavetradedforsometimewith,perhaps,limitedsuccess.Thatistheirspecificproblem,buttheychoosetocoverit
8、upwitha“knowitall”approach.Ihavefoundthatthisapproachisoftenadesperatepleaforhelp.Itjustcomesoutabitfunnytostartwith.Underneathallthisisa“sensitivenewageguy”.Onceyougetovertheproblemofaskingconstructiv
