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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