I know this has been addressed to some extent on other psychology threads, but perhaps a separate thread should be devoted to the metaphors we use to visualize our endeavors. Here are a few of the ways I visualize the trading process. Trading: is like being at the cottage and deciding I'd rather be on the other side of the lake. When I go down to the water it's calm, like glass, and I can see my reflection on the surface. We have several boats that I could use so I have to choose the best vehicle for my purposes. Before I leave dock I have to prepare properly. Sometimes the water can become unexpectedly rough, so it's best to pack anything I might possibly need in the event of an emergency. Adequate preparation is essential. After that I simply enjoy the trip. Getting wealthy and taking losses: is like when you get on the subway to go from point A to point B. The Tokyo subway system is very large and even native Tokyoites make mistakes from time to time. If you end up going the wrong way it's possible to ride the train until the very last stop then head back - but only a fool would do that. Once you realize you're on the wrong train it's best to see what you can do to rectify the situation. Usually this means getting off at the next stop and finding the proper train to be on. Anyway, I'd love to hear how other people think about what we do.