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Somewhere Over the Rainbow, from Ken Smith

RainbowWhy it is some look for more out of themselves than is there is one of those human psychological mysteries that will never be solved, I guess. Maybe its too much hype from gurus who cover the media with propaganda that stimulates monetary responses from suckers.

I fall into this trap, expecting more of myself. For instance, expecting myself to profit like a professional when I totally lack predictive skills.  I know, intellectually, I am gambling when I hit the trade button; yet an irrational hope lingers on that my analytic competence has correctly foreseen the outcome.

So there it is, in black and white. Prudently I ought to adjust my life to this reality. I won't, though.  The next time that hope manifests itself I will again go through the same process, mentally, emotionally, behaviorally.

Nigel Davies explains:

One of the problems with trading is that outcomes are not directly linked to performance, especially over a short period of time. This alignment is much closer in games with a smaller random element, which is what makes them a good training ground for the ego.