Saturday, August 28, 2010

Trading lessons from butterflies

Fact : Butterflies have 6 legs

Lesson : Doesn't matter how many legs (indicators) you have, it is the wings (confidence) that will fly you!

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Fact : Butterflies have a pair of antennae to navigate

Lesson : Master atleast 2 technical indicators

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Fact : A butterfly's taste sensors are located below their feet. It can taste food right by standing on it!

Lesson : With experience a trader can "taste the (stock) food" just by "standing" on the graph!

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Fact : The color in a butterfly's wings does not come from pigment. The color is produced prism-like by light reflected by their transparent wing scales.

Lesson : A trader's true color of talent comes not from the pigments of profit but light reflected at the time of loss!

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Fact : A butterfly has to have a body temperature greater than 86 degrees to be able to fly.

Lesson : Be in the right frame of mind before trading

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Fact : A butterfly can see the colors red, green, and yellow.

Lesson : Trader must be able to spot Red (=danger), Green (=Trade signal) and Yellow (=alert all the time)!

1 comment:

Anonymous said...

cud u plz guide how to b a perfect trader