Fishing and speculation follow the same logic
Water has its own temperament, and fish have their own timing. You tend your rod, and they keep their appointment. Whether they come or not, it’s all part of the experience!
What we call gain and loss is nothing more than a shackle we put on ourselves. Set that measuring stick aside, and you’ll realize the breeze is cool, the clouds drift slowly, and that gentle bob of the float on the water has already answered everything!
As the saying goes: “Walk until the stream runs dry, then sit and watch the clouds rise!”
The harder you try, the less you see the market as a whole. Trying too hard can lead you astray. Techniques and systems can be adjusted, but mindset and character are difficult to change. The more you fixate on small fluctuations, the more likely you are to run into major problems.
Follow the market at the right price levels. Until the market hits your stop loss and tells you that you’re wrong, don’t let your emotions swing too wildly. You’re better off paying closer attention to the flow of funds. The poorer the market’s liquidity, the easier it is to spot the market leader early.
The flow of funds in the market is an objective fact. There’s no need to make subjective judgments—all you need to do is follow it.
I used to think that the more techniques I learned, the better. Now it feels like I’ve returned to the most basic approach. The market decides whether you’re right or wrong. Just do what needs to be done; trying harder at everything else won’t help.
#TradingPsychology
Water has its own temperament, and fish have their own timing. You tend your rod, and they keep their appointment. Whether they come or not, it’s all part of the experience!
What we call gain and loss is nothing more than a shackle we put on ourselves. Set that measuring stick aside, and you’ll realize the breeze is cool, the clouds drift slowly, and that gentle bob of the float on the water has already answered everything!
As the saying goes: “Walk until the stream runs dry, then sit and watch the clouds rise!”
The harder you try, the less you see the market as a whole. Trying too hard can lead you astray. Techniques and systems can be adjusted, but mindset and character are difficult to change. The more you fixate on small fluctuations, the more likely you are to run into major problems.
Follow the market at the right price levels. Until the market hits your stop loss and tells you that you’re wrong, don’t let your emotions swing too wildly. You’re better off paying closer attention to the flow of funds. The poorer the market’s liquidity, the easier it is to spot the market leader early.
The flow of funds in the market is an objective fact. There’s no need to make subjective judgments—all you need to do is follow it.
I used to think that the more techniques I learned, the better. Now it feels like I’ve returned to the most basic approach. The market decides whether you’re right or wrong. Just do what needs to be done; trying harder at everything else won’t help.
#TradingPsychology