Sunday, September 5, 2010

Who's a smart trader?

The trader who knows everything but is still losing

is a smart trader!

His "smartness" is preventing him from implementing what he has learnt.

His longing for being "smart" influences his decisions.

His craving for being acknowledged as "smart" forces him to keep looking for "smart" trades even when none is there.

His enjoyment of the title of "smart" trader results into subconscious pressures.

"Experts" are always humbled and punished in stock market.

The moment a trader feels he knows it all and can out"smart" the market, market puts him in place!

There is nothing called "smart-trader" or "wise-trader" or "genious-trader" etc.

These are mere phrases of appreciation or acknowledgement by lesser traders of the last good trade by the traders on the public screen!

But these adjectives create reputations which are death-knell for traders.

Being a "trader" is in itself a complement.

A trader doesn't want any title

or prize

or appreciation

or recognition certificate

or trophy!

There is nothing called "Profit of the previous trade" in a trader's vocabulary.

Neither is anything called "Profit of the next trade".

"Trade in hand" is everything to a trader!

A true trader doesn't want to be on the public radar.

He doesn't want anything to distract him.

Vegetable and Fruit traders of Azadpur, Delhi

Marwaris of Rajasthan

Banias of Gujarat,

Komati of Andhra Pradesh,

Suds of Punjab,

Chettiar of Tamil Nadu.....

....and many more are great examples of true traders

who are not smart

only profitable

without trumpets!

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