Mind Control 101 – Trading cults in ET

Discussion in 'Psychology' started by Rabbitone, Apr 20, 2009.

  1. You sight an area I am well aware of in mind control. I spent 20 years managing before I retired to trade full time. Here are ways a boss performs mind control the same as they would on ET:
    - Hire people (I’m not referring to you) who are underqualified for their positions and then overpay them so it would be difficult for them to find a comparable job elsewhere.
    - Hire people who are compliant and not likely to challenge your authority.
    - Keep a tight leash on your staff and limit their exposure to outside conferences, professional organizations and other forms of continuous education.
    - Limit their activities within the organization
    - Make all the important decisions yourself and make this well known
    - Discourage independent action by limiting the scope of your employees' jobs
    - Insist on ironclad loyalty or they get fired
    - Keep expenses extremely low
    - Spread negative stories about anyone who challenges your authority
    - Try to catch people making mistakes to demonstrate your superiority.

    People in this type of an organization feel they are locked in cages even when the door is open. They don’t trust it to even come out of their cubicles. Its sad but I’m not describing dogs. These are people.

    Today’s business environment is the type that these mind control bosses become megalomaniacs. These people who worked for this overcontrolling, vindictive boss today will become basket cases if they do not find a release mechanism. I have seen these SOBs in action and it tore my insides out dealing with these creeps (because I could not take the kind of action I really wanted to take).
     
    #41     Apr 24, 2009
  2. jjf

    jjf

    Good thread Rabbitone.
     
    #42     Apr 24, 2009
  3. Thanks for the laugh Jack, I've missed your wacky logic.

    So my ex. wants to reverse engineer SCT?

    Here's what I had already posted on Why do "profitable" traders take the time to train people remotely and for a fee?...

    04-24-09 05:47 AM

    "My ex. taught a few traders for free. It began as occasional help to a trader that developed into a friendship that became mentoring that caught the attention of some others who asked to be included.

    Why did he do it? It just kind of snowballed and he still has daily contact with the guys to see how they are doing.

    Sometimes they meet up on a private forum for live trading together but he says he wouldn't do it again as it's too time consuming.

    It's fine now as the guys are at a very high level of proficiency and a losing day is a shocker, but the time and effort was a one-off for him.

    He did it for the fun of watching losing or just above B/e traders become hot traders and now it's more of a friendship thing.

    He says part of his motivation was watching Jack Hershey make trading such a mysterious fog of confusion rather than a fast track to big profits.

    He honestly believes Jack can't trade so he decided to take a small group and see how fast he could do it.

    People learn fast when you show them exactly what to do. The more precision you claim to have, the more exactness there is in the technique and that is what makes for a very efficient learning curve.

    Jack threads exhibit the exact opposite."


    Reverse engineer SCT - that's one of your funniest Jack. Great to see you're back to your usual standard :)
     
    #43     Apr 24, 2009
  4. T2GR8T

    T2GR8T

    Jack reverse engineers profits :p
     
    #44     Apr 24, 2009
  5. jjf

    jjf

    what profits
     
    #45     Apr 24, 2009
  6. I recently used the IGNORE feature on a foul-mouthed troll here on ET.

    I RECOMMEND THE IGNORE FEATURE!

    It works great & makes this site more of a joy to peruse / contribute to.

    Happy trading all.
     
    #46     Apr 24, 2009
  7. Redneck

    Redneck

    Rabbitone


    I thought about this last night (about this topic) that I would like to share please


    My mind is the most precious tool I have

    Traders – whether seasoned or newbies – must always have open minds with respect to trading

    Open mind = receptiveness to all ideas, thoughts, opportunities




    From a newbie’s stand point – compound that openness – with an eagerness and willingness to learn.

    Their minds are much more open to anything – and very receptive to it all… (How many times have we heard a newbie say “teach me I will listen and do anything you say”)



    Then you come across a jack (ass) type person – spewing NLP stuff – and with egos bigger than Texas… It’s no wonder so many get taken advantage of – and end up solely, blindly, and forever – reliant on them


    AND THIS IS the one thing I completely hate about our business – mess with my mind you’re messing with the very being of who I am


    I won’t use the word rape (out of respect to the lady traders) but unfortunately I can think of no better word to describe the mind games some try to impart on others


    My last comment....

    Rely on yourself – always – for who better will take care of YOU…….


    Regards Sir
     
    #47     Apr 24, 2009
  8. Speaking of "threads" and "rapes" in the same paragraph, where the hell has Neoxx been these days. :p

    Last I heard, he ended up buying a color printer, being personally tutored by Jack Hershey for weeks on end, and failing miserably.

    It's no accident that his thread ended up in chit-chat, as that is where it always belonged.

    SCT Boot Camp - another Jack Hershey Failure
     
    #48     Apr 24, 2009
  9. jjf

    jjf

    So is ET useful or just a big waste of time
     
    #49     Apr 24, 2009
  10. T2GR8T

    T2GR8T

    I think with non traders like Jack and Alex taken into account you really have to treat it as light entertainment.. it's a spamfest of snake oil salesmen and the few nuggets you may find here and there are not really worth the miles and miles of shit you have to crawl through to find them
     
    #50     Apr 24, 2009