When my son was a little boy I noticed that his bites were tiny!
The piece of chapatti (or rather anything) he used to put in his mouth (with 4 teeth) were amusingly minuscule!
Every family member used to laugh at the wonderful sight.
Only a sparrow could fill her tummy with that bite size!
But for him, that bite size was big enough!
Kids are not Ph.D.'s but they know by sheer "inbuilt" sense that they should be interested in only as much as they can bite!
As big as they can chew!
As big as they can digest!
Now, he has grown up from a little boy to a boy.
And his bites too have grown up.
Still smaller than bites of mine but big enough for his mouth and body!
This reminds me of the bites we take in our stock market trades!
Sometimes, some of us bite too big! too much!!
Big enough to excite our trading 'tongues'
but also big enough to embitter our peace of mind.
Often we land ourselves in a position when we can neither swallow the wrong jumbo bitter bite nor can we spit it out and get rid of it!
Afterall, it is not just food but money caught in our mouth!
not just money but (at times) our entire existence and happiness that is in our mouth!!
It becomes a choking lump in our throat.
Often killing many a "baby" and "boy" traders!
So, what to do?
Bite what u can chew
Chew what u can digest
Time the bite as per hunger, capacity and discipline instead of senselessly grazing anything, anysize, anytime anywhere!
Next time your father asks you
"Johny,Johny....open your mouth"
What should come out is
"Ha! Ha! Ha!"
and not
"Ah! Ah! Ah!"
1 comment:
True, in my initial days of day trading (is it right to say childhood days of day trading.. lol), i used face difficulties mainly due psychological fear of loss whenever i initiate trade with bigger lots.. there was no change in the rule i have.. same rule / same setup.. but if the lot size is small i always end the day with profit (may be however it was small - it was profit only)-- but if i increase the lot size, i did not know it became psychological barrier..
Over a period of time, when i grow-up in the world of day-trading - the lot size has also been growing side-by-side.
Jagmohan bhai, i love the way / style you write the article. Nice one.
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