Sunday, July 10, 2011

needless dog fight


you are walking thru the street
you see a dog
as the distance decreases
you feel threatened
you pick up a stone
on seeing the stone in your hand
the dog too feels threatened
he can't pick stone
he doesn't prefer running away
he doesn't need to
because he has got teeth
and you've got the fear.

you get nervous
and release the stone
the stone misses the dog
but the dog doesn't miss you.

same thing happens
between you
and the market.

what is never a threat
just a routine fluctuation
turns into a face-off
courtesy your inherent fears

with obvious result.

in the words of mark douglas

"any exceptions that exist in your mind
will be a source of conflict
and may cause you
to perceive market information as threatening.
....free-flowing carefree state of mind is ideal for trading"

No comments: