Forex

The universally most common and most prejudiced way to handle new information is to fit it
into old categories. We have done this so often that we consider it either the natural thing to
do or, more commonly, the ONLY way to handle it. Upon receiving new information, our
usual first approach is: "What is it like? It reminds me of ...." According to psychologists, any
time you feel either overwhelmed or bored it is because you are attempting to fit new
information into old categories. (Aha! What are you doing with this information at this
moment?) Think about that when you are in the market and feeling either bored or
overwhelmed. Our first impulse when handling new incoming information is to organize it in
some way. You are in the process of organizing this material that you are reading. Once
anything, material or otherwise, is organized, it takes on a life of its own. When it takes on
this life, its primary purpose and goal is survival. As this chapter is being written, there is a
national outcry to do away with the IRS. What do you think the chances are? Before that
happens, there will be blood in the street. For any organization, from the most complex to the
very simplest, the first goal is to survive. The four largest money gatherers and distributors in
the world are:
1. War.
2. Medicine.
3. Insurance.
4. Religion.
These four institutions control more money than the most powerful country in the world. Why
do they enjoy this position? Because they have to do with the survival of our most personal
organization— ourselves. The purpose of war is to break things and kill people. The purpose
of medicine is to repair those who aren't dead, so that they can fight again. The purpose of
insurance is to take care of those left by the dead. The purpose of religion is to take care of
those who do die. These institutions have the most money because they all have to do with
our personal ultimate survival. The real reason that most traders lose consistently is that they
are fitting new information into old, inappropriate categories. If our usual way of handling
new information is to fit it into old categories, what is the alternate choice? Let the new
information organize itself When that happens, we have a trance-ending experience of a
higher form of order