What a wonderful parallel described! I am not sure that could have said to me at a more perfect time. I often feel like time is being wasted as I am not seeing results during this build phase.
Warmest holiday to you and everyone who reads this!
i also like to look at the behaviour of animals - cheetah who conserves energy and only goes for hi prob kills (instead of entering trades willy nilly), and also the mountain goat who knows his edge (hanging on to the cliff, which his her predators cannot and its not their edge), tortoise vs hare.......( slow profits that compound instead of the hi profile traders who come and go since they are on a high...........
more than moon cycles, to understand the ebb and flow of prices on any instrument - and not get married to a position but see how when they retrace after a move up, how much they retrace and if they create a higher low.............all this is what makes trading one of the greatest challenges. position management and risk management becomes so key. thanks for sharing.
What a wonderful parallel described! I am not sure that could have said to me at a more perfect time. I often feel like time is being wasted as I am not seeing results during this build phase.
Warmest holiday to you and everyone who reads this!
Glad you enjoyed it, Thomas. Happy holidays! ✨
love your perspective on nature and moon cycles.
i also like to look at the behaviour of animals - cheetah who conserves energy and only goes for hi prob kills (instead of entering trades willy nilly), and also the mountain goat who knows his edge (hanging on to the cliff, which his her predators cannot and its not their edge), tortoise vs hare.......( slow profits that compound instead of the hi profile traders who come and go since they are on a high...........
more than moon cycles, to understand the ebb and flow of prices on any instrument - and not get married to a position but see how when they retrace after a move up, how much they retrace and if they create a higher low.............all this is what makes trading one of the greatest challenges. position management and risk management becomes so key. thanks for sharing.
Hey Minaz! Yes, 100% to all of those. Great analogies!