Australian (ASX) Stock Market Forum

Dump it Here

I usually look forward to your posts Satan, you've got a down to earth Australian nature about you.

Just taking your post in isolation, without its context in a back and forth discussion: I always held the view that being Australian was about holding the term "mate" in high regard. A Mate is a person who you'd bleed for because as Australians we used to hold ourselves to a higher ideal, we wouldn't have a mate who was a "dodgey" person. We Australians were just that bit better people than those cut throat Yanks (as an example).
When female Salespeople would call me Mate, I'd feel uncomfortable. "Are you willing to bleed for me?":D "Do you even know me?"

Yesterday being Australia Day this topic was on my mind, sorry for the detour.



FACT
In my younger days I met John Williamson, he made an off the cuff remark to me "we look like twins". My father told John William whilst he was in town preforming don't do anything wrong as I would get the blame.

Long story short
For a period of 10 years or so l was the splitting image of John Williamson & I was mistaken for him no matter where I went, I also got recognised once in Florida by an Australian expat, could convince him otherwise.

I've morphed
Once the splitting image of John Williamson, now the splitting image of Charles Darwin (the avatar) I use the avatar of Charles Darwin not for his good looks, but he is my absolute hero.

Skate.
 
Hum skate, can not get the link quoted in 1256..your book, will load when on a proper screen

Just a personal reflection:
English language limitation:
In English, we can hear..or we can listen;
But we can only "read"
Always remember what you are actually doing when "reading"!

This thought came to my mind as i was going through this thread
 
Last edited:
I wish to make a detour
I want to clear up a few points members have raised with me about some of their concerns.

I'm a straight shooter
I've been upfront front from the very first post I made . I've posted, explaining why I use conditioning, manipulation, mind control & mind games.

Boo Hiss, others do it
I go on to say without others knowing, "everyone plays mind games" & in the few posts I'll give you two examples of others using the same tactic of conditioning & using mind games.

I tell it as it is
Well didn't I cop it, when I explained what I was doing & what I was hoping to achieve & all I got was a reaction that I'm ingenious, calculating, underhanded, a really bad person, how dare I treat others in this manner, no one likes to be manipulated, having mind games played on them etc.

Straight through to the keeper
Readers just missed the point, they reacted without responding, I don't know how many times I have to says it but responding gives you time to think, something rare these days.

I've been upfront
I don't expect everyone to agree with my views but I am hoping others understand why I've written the words in a manner that I have. I've been upfront so you understand me better, Yes I've been conditioning readers from the very first post so the experience is positive for them.

Conditioning
This word has played with readers mind, they saw the worst of the word, it meant to them what they believed it meant, but not as I intended

I have repeat it many times (what my aim was in posting ?)
My aim is to educate & help others traders, trade successfully (to make money)

Affect behaviour
I'm trying to affect readers behaviour by conditioning them think rather than to read & if one my posts affect your behaviour I'm a winner (that's my end game) What you find trivial could be the catalysis to engage another to think on a deeper level.

More to follow...

Skate.
 
Boring Recap (but important)

I'll post in a time line so you can follow (some unimportant paragraphs have been removed)

24th January 2019 Post #1145

Kindness
debtfree, thank you for your kind words. I really appreciate you grabbing a copy of the eBook & recommending it to others. Having it in an eBook format means my posts can travel with you.

Stop & think about what you have just read (you will see the eBook in a different light)
You will be amazed how much you can get out of the eBook from reading it again & again, you'll absorb more & more when you learn to unpack the posts instead of quickly skimming over them.

Heard it all before
Most traders won't bother to read the eBook because they have heard it all before, but I bet if they read one paragraph after the other & think about what they just read there maybe some light-bulb moments for them.

Ambiguity & cryptic
I've written a lot of the post with ambiguity in mind, others cryptic, meaning a lot of my posts have more than one meaning finding those gems will be worth it in the long run. Even seasoned trader will get value from the eBook, using it as a pep talk, words of encouragement or just an affirmation they're on the right track.

At some stage you will think "Ahh, I see what Skate is doing"

We know what to do
We all know what we have to do as traders but find it difficult sometimes to follow our plan under the most difficult of circumstances.

More to come...

Skate.
 
Boring Recap (but important)

I'll post in a time line so you can follow (some unimportant paragraphs have been removed)

THIS POST IS IMPORTANT (timeline 10:37am Friday)

Skate, Friday at 10:37 AM, 25th January 2019 Post #1155
debtfree, I'm pleased that you found the "Dump it here' thread conducted in a friendly & polite manner. I personally have found this thread refreshing, being nice is a gift to others.

Have your say
This thread by designed was to pass knowledge onto beginners, something members should be proud of. I now encourage others to have their say on matters that interested them it doesn't needs to be educational, we have done that.

Disclaimer
Members know the rules but it's worth repeating.

Opinions are welcomed
We shouldn't ridicule or challenge posters as it serves no purpose, it's like masturbating in public, it may feel good to you, but it looks disgusting to everyone else and it just makes the other person work harder to find ways to disagree with you.

Being right or wrong
Whether your view is right or wrong isn't important, what's more important, this thread gives you the ability to express your views without being ridiculed or challenged.

Experience
Every member enjoys a different level of experience & expertise, there is never a reason to display your level of knowledge by making others feel inferior.

Timely reminder
Abuse, insults and personal attacks directed at other people are unacceptable in the "Dump it here' thread, I'm not policing the thread but it pays to remember that everyone is entitled to their opinion.

Alternative view
If you disagree with someone rather than argue the merits of their points, post an alternative view, you don't have to belittle members to get your point across. Play the "the point" not the "person"

Never react to a post but respond (Responding will give you time to think)
1. Consider the context of what you are saying, put yourself in their shoes, try to understand their point of view.
(2) Consider if your post adds value to the discussion.
(3) When expressing an alternative view, start off by saying “In my opinion …” and try to focus on the issues rather than person.
4. We are all wordsmiths to some degree & it's easy to incite an emotional, knee-jerk response, creating an emotional outburst.

Friendly atmosphere

Such posts that incite emotional responses tend to undermine the friendly atmosphere often resulting in long running feuds creating factional loyalty to one side or the other.

Hard to detect
"Offending a member is hard to detect" However, some members tend to follow patterns of behaviour, posting to invoke an emotional response, never answering questions directly to justify their position but they "always demand documentary evidence" from others to support their assertions, while offering none in return.

# We all deserve a measured response not the alternative.

I'll be the first to post in the new & improved 'Dump it here' thread to start things off.

Skate.
 
Boring Recap (but important)

I'll post in a time line so you can follow (some unimportant paragraphs have been removed)

I posted the previous post above at (10:37am Friday 25th January 2019) on my 'Dump it here' thread & than the next day I explained to tech/a that one liners aren't that helpful, they server no purpose, well didn't the **** hit the fan.

"I'm posting this for others to learn, you can take takes side, you can say I'm rude again but the point is 'we should respond to others who are reasonably intelligent in a manner that is helpful' that is the importance of relisting the posts

(I'm not saying tech/a response was wrong but if he is interested 'ask a good question' & I'll be happy to give a measure response)"


THIS POST IS IMPORTANT (timeline 12:43pm Saturday 26th January 2019)

Yesterday at 12:43 PM post #216 ( “p2-asx-weekly-portfolio” thread)
https://www.aussiestockforums.com/threads/p2-asx-weekly-portfolio.32779/page-22#post-1012018

tech/a said:
Hold the phone!
If your trading a system you
DON'T have the luxury of being discretionary (Marked in BLUE)

My response
Sorry tech/a this is Peter's thread & if you would like more details from me post a question to me in the 'Dump it here' thread.

With respect
Please write a detailed question instead of using one liners & blue highlighting as it serves no purpose.

One liners deserve a one liner response
"If your trading a system you DON'T have the luxury of being discretionary"

My Reply
True, I don't use any discretionary at all. I stand by my statement made at point (a) (d) & (e)

Skate.
 
Boring Recap (but important)

I posted again giving reasons why you need to ask good questions.

Why ?
Because others may have missed my previous post on the subject matter

Skate, yesterday, 26th January 2019 Post #1228
Please if you want to ask me a question use @Skate

How to ask a good question
(a) Consider if your post adds value to the discussion.
(b) When expressing an alternative view, start off by saying “In my opinion …” and try to focus on the issues rather than person.
(c) We are all wordsmiths to some degree & it's easy to incite an emotional, knee-jerk response, creating an emotional outburst.
(d) Ask a detailed question & you will get a detailed response.
(e) Ask a one liner, it deserves a one liner response.

Don't ask one liners
Most member ask questions as one liner, (not all but some) & sometimes their responses are the same, it's unhelpful. If you skim my post you'll learn nothing but with repetitive reinforcement of successive posts the smart one will.

It takes time
It takes a lot of time & effort to give a measured response so all I'm asking if you have a question detail it precisely, let me understand why you don't understand as playing tennis with others is tiresome, boring & more importantly it waste our time.

Same old same old
Some members tend to follow patterns of behaviour, posting to invoke an emotional response, never answering questions directly to justify their position but they "always demand documentary evidence" from others to support their assertions, while offering none in return.

# Please don't let that be you.

Skate.
 
Boring Recap (but important)

The only reason tech/a took offence was because he believed the "shoe fitted"

Yet when I posted the day before on FRIDAY 26th January 2019 post #1155 the same post (75 posts previously) there clearly wasn't an issue.

No self-control
The issue is "how long we tech/a hold his position" that is what I'm interested in & see how he will respond as he won't be able to control himself. (he realises it was an over reaction but he will defend his position)

A serious design flaw - faulty thinking
People experience genuine pleasure—a rush of dopamine—when processing information that supports their beliefs.
“It feels good to ‘stick to our guns’ even if we are wrong,”

Tech/a, 1:49pm 26th January 2019 Post #1230
Clearly targeting the Duck
I will respond as expected with emotion

(1) I’m not a conformist to you Skate or anyone else.
(2) I will respond in which ever way I feel the most time efficient and direct.
With question or answer.
(3) Same old Same old — you are affronted by my question, your attempting to gain control.
The same old same old is avoidance to direct questions,in ability to back ridiculous statements (Ann), attempting to put the Duck in its place ( the one you feel most comfortable with ) and of course not answering simple observations.——Deflecting

I’m sure I was married to you once
Walked out then
Walking out now

Enjoy your game.

Skate.
 
Sometimes people fail to make appropriate revisions to their attitude

Sticking to a position (Confirmation bias)
People will embrace information that supports their beliefs and reject information that contradicts them. Of the many forms of faulty thinking that have been identified, confirmation bias is among the best catalogued.

If reason is designed to generate sound judgments, then it’s hard to conceive of a more serious design flaw than confirmation bias.

Skate.
 
Recapping for an example..

I have posted "How to ask a good question
(a) Consider if your post adds value to the discussion.
(b) When expressing an alternative view, start off by saying “In my opinion …” and try to focus on the issues rather than person.
(c) We are all wordsmiths to some degree & it's easy to incite an emotional, knee-jerk response, creating an emotional outburst.
(d) Ask a detailed question & you will get a detailed response.
(e) Ask a one liner, it deserves a one liner response.


Tech/a, 25th January 2019 Post #1159
Why

Other than procreation of the Species (Homo Sapiens)
What is the point

Skate's reply
"Because it feels so F*cking good" that's the point !

Skate.
 
Think about MIND Games, manipulation, conditioning. (we all do it)

Perfect example
Read the post below by @tech/a & @willy1111 negotiating a vehicle sale.

Its okay we all do it
Mind games at its best, deceptive, use any bad words you like, but mind games is a part that makes us human.

Skate.

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Tech/a, yesterday, 26th January 2019 Post #1209
I’ve always found that creating a desire and satisfying it gives me the best results in a sale.

The last car I bought the sales guy said take it home but as you swing onto the freeway hit it.
I did just that —- wow really nice—-I certainly had the desire—-I called my wife from the car.

Hi honey I’m just driving the car we are buying home —- we will shoot out for tea!

Next day I told the sales guy that I loved it and would return it in a few hrs.
Now he had the desire to sell it to me.

I dropped it off and made an appointment for Saturday morning.
I’d also made an appointment with another dealer I knew personally and was the guy that I bought my last car from. The dealership knew of him I made sure he was in our conversations.

Saturday
I want the car
He wants the sale
To close we need an agreed price.
His leverage —- he has what I want.
My leverage —- I have alternatives.

We jockey around with the I’ll take your offer to my sales manager
3 times knocking off a few grand here and there adding some extras

Then a stroke of luck in the negotiations
My friend George calls me wondering where I am.
He is in my speed dial along with the dealership name.
It’s in the middle of negotiation so I show the face of the phone to the small group now trying to get me over the line. I answered the phone in front of them and said I was just finalising a meeting close buy and would be there shortly.

Now I was prepared to lose the deal—-
They weren’t——-knowing that if I leave then I probably won’t come back
After all if it was them they wouldn’t!

So I deducted a further $8,600 which reached the figure I wanted to pay,
20 mins passed and I got up to go to see George.

Then —— Done it’s yours as long as we can demo the car for 6 weeks
Sure as long as you don’t clock more than 1500k

It was October took delivery in at Xmas.
Both desires are filled
Mine every time I pry it off my wife!
That was 2 years ago.

Fill both sides desires —- win win.

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willy111, yesterday, 26th January 2019 Post #1234

We recently purchased a new car and managed to pay 20% below rrp, the sales process was fun for us, knowing a bit about the game. Maybe we could have got it down further, we will never know, but in the end both parties were happy and deal done.

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Whats the point?
It's a demonstration to explain when I do it, there is a problem.
When others do it, you fail to realise it, missing the point.

Skate.
 
Hum skate, can not get the link quoted in 1256..your book, will load when on a proper screen

Just a personal reflection:
English language limitation:
In English, we can hear..or we can listen;
But we can only "read"
Always remember what you are actually doing when "reading"!

This thought came to my mind as i was going through this thread

Apologies
Apologies qldfrog, for taking time to get back to you (you posted at 11:25am & its now 1:52pm) I was in the middle of writing some posts & didn't want to beak my concentration. I wanted to keep that group of post together for other to be read without being interrupted by another post not belonging to the series.

No limitations
My eBook has no download limitations, I'm assuming the limitations is your location.

The power of words
Reading does much more, when reading a book your mind turns words into pictures, words make you feel emotions, some words will have more meaning to you than for others, when reading you even get to hear tones & smiles in the characters voices.

172,000 words
Don't underestimate the power of words, that's why we have 172,000 words to pick from.

Fun Fact
You can even hear a smile on a phone.

Skate.
 
The use of words & why people jump at shadows using their Lizard brain.

Look at this word & pronounce it in your heard before reading the next post

LEAD

The pronunciation differs & you need to read it in context to understand its meaning.

Skate
 
"LEAD"
A few different meanings of the word lead.

What long post about nothing I hear you ask, if you are thinking alone those lines you're missing the point of the post.

Its' heavy
Lead
is a chemical element with symbol Pb.
Lead is still widely used for car batteries.

Control your dog
Lead
, better known as a dog lead is a hand held halter, a rope, to control your dog while moving forward.

Winning position
Lead is a position of advantage in a contest, first place.

Be in charge
Lead
, taking the lead is an initiative in action, an example for others to follow.

Follow it
A lead is a potential contact.

Used in Sales
A lead is an individual or organization with an interest in what you are selling. The interest is expressed by sharing contact information.

Start of a story
Beginning of a story is called a "lead". The lead can be a sentence, a paragraph, or even a page long.

Journalist
If you're interested in becoming an expert journalist, understanding how to write a lead is a key skill for your toolbox.

English is difficult.

Skate.
 
Lets not start of another word.

Volumn or Volume
The spelling of "volumn" which is referring to a series of books whereas the word "volume," referred to a measure of space.

Coders use words like these to write trading strategies.

Skate.
 
Now lets talk about that nasty word "Conditioning" & in context what does it mean ?

Conditioning
In the 'Dump it here thread' I use 'conditioning' in the psychology sense, it's a behavioural process whereby a response becomes more frequent or more predictable in a given environment as a result of reinforcement, with reinforcement typically being a reward for a desired response. (that's why reading my eBook once you'll learn nothing, read it over & over trivial points become non-trivial)

# I use conditioning for positive reinforcement

Conditioning
Conditioning is a subdivision of behavioral science that studies perception and behaviour through manipulation of knowledge than putting it into practice, to help forum members, people in general to solve day-to-day problems and improve quality of life. Positive affirmation, positive reinforcements, are essential when it comes to trading & trading successfully.

Skate.
 
I want to talk about 'The Mind Map' & why people act the way they do. (before I move back onto the topic of trading)

Its all to do with trading
You might be wondering why I've been going off on a tangent posting about non-trading subjects. Well you might be surprised that this top has all to do with trading it gives you a direct connection of behavioural science (a fancy ways of saying' why people act the way they do)

Human Nature
To help you understand how people think, how they react to you, how they make decisions and how you handle them more effectively. I want to explain a time in my life where I couldn't get enough knowledge quick enough. I was twenty-two at that time and was fascinated to learn the different phases of people.

Skate.
 
Human phases
I’ll outlined each phase in separate posts to give you time to unpack them one by one, it will gives you an insight why people act the way they do. (each stage is an adult stage, even though I relate them to age groups)

There are seven clearly identifiable personality
There are (7) personality types or phases. I call this outline ‘The Mind Map’. Most of us adopt one of these phases as our primary personality type, but we may shift from one phase to another depending on the relationship, the circumstances, or stress. Whenever people interact, they invariably do so from one of these phases.

Skate.
 
We can jump at will
By moving from one phase to another at will, you can have the capacity to deal effectively with anyone, under nearly any circumstance.

It's not going well
When your conversation isn't going well, you can quickly move to a different phase, gaining the psychological high ground that produces results.

Skate.
 
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