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Hi Mike,
Just sending you a quick email to tell you how much the part of the last Larry Hite podcast resonated with me when the two of you talked about the resistance and negativity you will face from others if you attempt to trade your own money and/or the markets. This is definitely the case. It is a very lonely road to travel on to be a trader. Rewarding too if you are wired to deal with that. But the feeling of isolation will always be there.
People have belief systems that they buy into. And buying into them usually entails leaving no room for any exceptions. And the most common belief system they buy into is that being in the system or part of the matrix and following all the rules in terms of graduating from University and then becoming part of a big company or the government and climbing the ladder within that organisation is the only way to prosper or move forward in life. They will refuse to tolerate the notion that anybody can go around that and avoid it and end up more prosperous than somebody who follows the rules. They will ridicule any suggestion that is possible. And if confronted with unarguable evidence that somebody has the dismissiveness usually turns to veiled hostility.
Anyway, I don’t want to go on too much. But just to let you know that I think that that is an under-discussed aspect of trading.
Michael S.
Great feedback.
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