Tuesday, November 15, 2016

the road and the round about

a trend is a trend

it is a road and not a round about, well mostly.

but u can't know when (80% of the time) it is road and when (20% of the time, approx) it is a turn/round about.

this causes the number one and fundamental mistake traders world over succumb to and suffer from.

"distrust the trend; always fear the sudden end of it"

this is wrong...trend is a friend and not a foe looking for chances or devising ways to kill you.

it is all in your own head.

u take a trading position much bigger than ur peace of mind resulting in non-stop hallucinations that the trend is going to turn!

trend, whenever present, is blind and deaf.

it doesn't know ur position, only the position of the masses, which it is rarely against till atleast the pigs are fat enough to its liking.

trend can't see ur position nor can it hear ur pounding heartbeats.

it is not threatening u. u urself are full to the brim with fear.

u r ur no. 1 enemy.

congratulations, u urself are the pseudo-operator against the sheep "u"

u are so full of fear like a pigeon that even the mischievous shadow of the operator cat is enough to pack u flying...

a trader has to admit and understand that if he keeps applying a sensible simple system time after time after time, then he will correctly get the trend road 80% of the time and the round about for the rest.

the loss at the bends shouldn't scare you from recognizing, acknowledging and trusting the road.

ur first handicap is that u don't have some tool to identify a trend.

if u have one, u take too big a position.

if not, then even one loss is enough to freeze ur confidence for several days thereby making u fire in all directions in the dark while being blind-folded.

on the contrary, if u keep trusting the trend and keep taking the trade IN THE DIRECTION of the trend, then u will be stabbed in the back only 2 to 3 (or max 4) times (on an average) out of 10, approximately.

those who don't trust, go crazy...

they can't take the market from levels to levels without trends. trens have got to be there and will always be there albeit with every effort to be there sans u.

1 comment:

Business Consultant said...

Good post. I just stumbled upon your weblog and wanted to say that I’ve really enjoyed browsing your blog posts.

Best regards
S & F CONSULTING FIRM LIMITED