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