Saturday, July 2, 2011

don't expect big money from trading if

do you want big money from your stock market endeavour?

seems a silly question!

but somehow, i don't think so.

reason?

because, while it seems that every "trader" in the market

"desires" big money

but is perfectly ok with whatever he or she gets

if at all.

desiring something and actually working consciously for it

are two totally different things.

market doesn't owe you any money.

--

in the words of jesse livermore

"it is the big swing that makes
the big money for you."

but big moves are nothing

but a series on medium size moves

punctuated with intermittent corrections

and pauses.

majority traders get-off at these scary points

and hence never get that big move.

--

10 one centimeter long trades

don't give the same result

as 1 ten centimeter long trade

marked with corrections and pauses.

why?

first, 10 one centimeter long trades never happen

because of the 'one centimeter' mindset.

second, a lot happens in-between

when you get-off the train.

either you are unable to catch it again

or do it all at wrong time, at wrong cost.

--

almost all the traders i meet, see, hear, read and know

have all been strugglers since years

because they somehow never got the big swings under their belt.

either they didn't plan to look for big swings

or they simply couldn't ride them due to fear or greed or trading ability.

--

big time trading success

is nothing but

successfully acquiring the ability

to ride

big trend swings.

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