Bears From Past
Bears From Past
Why do the RAF bar people with past history of club foot from any military service?
The British Armed Forces, more specifically in my case the Royal Air Force currently bar all applicants with and degree of club foot including past corrective surgery from entering military service with them. I had minor club foot whihc was corrected 9 months after i was born, never had any troubles with it, didn't realise what it was until 5 minutes before my medical debrief, and then got told I couldnt have anything to do with them. I have heard reports that it is relational to military issue footware, which fits quite nicely, knowing from 5 years ATC experience. Any answers would be appreciated. Thanks.
Not sure but is it possible that there could be medical complications arising at some point later in time due to excessive marching or anything? Sounds really ignorant on my part but can your bones break easily or anything? Medical is the only thing I can think of....Military anywhere is not big on spending money for something that was done/happened prior to enlistment if something were to happen medically.
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13 Days before Christmas and my crystal ball tells me it Is the time to be entering the market. Why?
Last friday night we saw worse than expected jobless claims, the market rallied, car markers in trouble, government bail outs, interest rate drops. We have seen earning miss expectations. The market just seems to want to go up? We know all the bad news, whats left, nothing suprises us anymore.
We don't want to be the last bear with all the bulls, this is the time to enter the market but with caution, with stop losses. This is the time when we may see some recovery.
It all comes down to your comfort levels and fear. Below is more on Fearless Trading.
Renowned trading coach Price Headley, author of “Big Trends in Trading”, once wrote about the dangers of letting your ego control your trading decisions, especially the three critical decisions of how much money to risk, when to enter a trade and when to get out.
“The ego desires to make discretionary decisions because it desires to appear sophisticated, and daring, and to relieve boredom. But the point of trading is not sophistication, or excitement. It is to make money. So the key question to ask is, ‘What is the most effective way to trade?’. And the answer is, ‘Very systematically’.”
The key to successful trading, he concluded, is the consistent application of clear, well-conceived and objective trading rules. One of the cruelest paradoxes of this incredibly fascinating and challenging pursuit is that trading seems to offer so much freedom, seemingly unlimited freedom to those who are successful at it, yet requires so much regimentation and self-control. An out-of-control trader, whether rookie or seasoned veteran, will crash and burn quickly. A trader in control of his emotions has the game nearly won at the start.
The problem is, once the game is on, self-control seems to evaporate like water in the Gobi desert. But a good set of trading rules will give the newbie a fighting chance, and keep the veteran in the game long after many of his or her fellow traders have moved on to less stressful pursuits. Your rules don’t have to be sophisticated or designed by a Nobel Prize-winning economist. In fact, the simpler the better – as long as they are clear and as long as you follow them! Otherwise you will succumb, as every trader does on so many occasions, to what the trading psychology guru Mark Douglas called “The Four Primary Fears”.
In his classic book “Trading in the Zone”, Douglas wrote that all trading errors – every single one – result from succumbing to one of these Four Primary Fears:
1. The fear of being wrong.
2. The fear of losing money.
3. The fear of missing out (on the trade and profits).
4. The fear of leaving money on the table, or giving back open profits.
These fears lead traders to second-guess their well-designed systems, causing them to exit before an exit signal is given, or to jump in before an entry signal is given. We’ve all jumped into trades too soon, afraid that the market was going to run away without us. And we’ve all jumped out too soon, whether second-guessing the entry and not waiting for the trade to develop or snatching the quick profit instead of letting the trade play out and hit our target. Witness the Four Primary Fears in action.
The solution?
1. Have a well-designed (and profitable) system.
2. Have a clear set of rules for entering and exiting trades.
3. Follow your rules!
A well-designed system allows you to trade securely, even serenely, in the knowledge that over time you will make money, and that the result of any single trade doesn’t matter to the profitability of your system. After all, losses are part of the best systems ever designed. So is giving back some open profits on each trade. To expect otherwise is to expect, literally, perfection! And in this business, as in life, that is not rational!
So,have faith in your system and faith in your rules and trade well. If your system is a good one you will make money. But perhaps just as importantly, if you follow the rules of your system, instead of reacting to your emotions when deciding whether to enter or exit a trade, the whole enterprise of trading will be much more enjoyable for you.
Happy Trading!
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Article Source: ArticlesBase.com - Stock Market- the Worst is Over- Bear the Past in Mind Though
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