tag:blogger.com,1999:blog-27784316.post5109903790951623434..comments2023-09-06T03:23:43.027-07:00Comments on I AM A FUTURES TRADER: Chris Johnstonhttp://www.blogger.com/profile/01542415946929766288noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-27784316.post-44755538891723167622012-02-01T12:47:52.192-08:002012-02-01T12:47:52.192-08:00high intelligence can lead one astray especially i...high intelligence can lead one astray especially in trading because keeping things simple is generally the best approach. Those with really high IQ's have the ability to consider more at once than others and that can lead to problems making decisionsChris Johnstonhttps://www.blogger.com/profile/01542415946929766288noreply@blogger.comtag:blogger.com,1999:blog-27784316.post-60965302532349128492012-02-01T10:07:44.403-08:002012-02-01T10:07:44.403-08:00I think trading is a lot like playing rock and rol...I think trading is a lot like playing rock and roll. It actually helps to be, tops, of average intelligence. Overthinking is dangerous in both instances. Trying to get control of emotions is one thing, but if you're exceptionally smart in general, I also think you have to learn how to think in simpler terms or you'll destroy yourself.<br /><br />Of course, there's a lot more involved in anything than raw intelligence. Critical thinking in general has been on a steady decline for decades, and that's a learned skill. I think a lot of political thought is either based on or very dismissive of history, and I don't mean the spin on history any side gives it, or the sometimes bizarre reinterpretation of history that's been in vogue for a long time now. <br /><br />I have a sister, too, but we tend to agree more than not. It's helpful that she's a historian, a teacher of history and critical thinking, and has a high IQ to boot. When I hear some people spout flat-out but widely disseminated historical untruths (and all politicians are guilty, it just seems more egregious on the right the past 20-30 years), she's my go-to. One benefit is that she's done a lot of primary source research. In other words, she doesn't just blah blah whatever the respective echo chambers are promoting, she points to facts that are actually documented instead of opinions. <br /><br />A lot of people can't handle that, nor can they identify fallacies in arguments or understand how much they are manipulated by present-day blowhards. Personally, I think that most Americans are stupid, undereducated, mentally lazy and clueless about a lot of things. so easily led astray.<br /><br />Back to my initial paragraph, you'd think there would be more great traders out there...lolJMhttps://www.blogger.com/profile/09876016557456927299noreply@blogger.com