Monday, December 14, 2015

Trading and War



"When the market speaks, we listen."





A few weeks ago I started accumulating a potential super play. 
With its setup and liquidity and everything else taken into
 consideration, I decided to go for the trade.

ALL IN.

Of course It wouldn't be all in one day. Certain parameters must be
 set and confirmed. We enter a trade because we believe it will 
show us a profit. But even with a bullish bias, I keep a level mind.
 Before I enter, I know my stops.


Unfortunately for me today, the 
market has spoken against my bias.



And I listen.



If the stock rallies and I get whipped, it's fine. 
I can always buy back.


Trading is like war. 





It does not determine who is right... only who is left.



3 comments:

  1. As for me, the most difficult part in trading is to identify your own voice whether you are singing really with the market or with the crowd.

    ReplyDelete
  2. thank you po. petmalu lodi

    ReplyDelete