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This thing, the market


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This thing, the market

  #1 (permalink)
 
Auric's Avatar
 Auric 
Raleigh, NC
 
Experience: Beginner
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I have never had to stretch so far to overcome my shortcomings.
I have never had to work so hard for something I want.
I thought I knew what patience was.

If you are vain you will be humbled.
If you are overconfident you will doubt.
If you doubt you will be eaten alive.
If you hesitate you will be abandoned.
If you are undisciplined you will be punished.
If you rage you will be burned.

I am not yet ready. I continue even though I have never had to push myself so hard to learn something.
I wait for the day when all is stripped away and I can see and trade the market with emotion as a partner and not my master.

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  #3 (permalink)
 
tshunhu's Avatar
 tshunhu 
Wuhan, Hubei, China
 
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Broker: Interactive Broker
Trading: Stocks
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Auric View Post
I have never had to stretch so far to overcome my shortcomings.
I have never had to work so hard for something I want.
I thought I knew what patience was.

If you are vain you will be humbled.
If you are overconfident you will doubt.
If you doubt you will be eaten alive.
If you hesitate you will be abandoned.
If you are undisciplined you will be punished.
If you rage you will be burned.

I am not yet ready. I continue even though I have never had to push myself so hard to learn something.
I wait for the day when all is stripped away and I can see and trade the market with emotion as a partner and not my master.

Fantasitc! You write it yourself? I read some books about security market history, I find that the only thing controls (actually shapes) the market is the massive participants. The market has changed a lot during several hundreds of years, but the fact that most people lose and few win has never changed. Even in China, in this highly politicized stock maket, it's still true. I'm pretty sure that the crowd psychology is the key fact in market trend, which leads to the humain nature.

I was recording my facial expression using webcam from laptop ,greedy and fear, that is what I observed from myself during my trade. I still have hundreds of lost in my account, but the lost really bought me a good chance to see myself from distance. The market reflects all my weaknesses, now I have a deeper understanding of myself and doing my best to overcome them.


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  #4 (permalink)
kernel
Tashkent+Tashkent/Uzbekistan
 
Posts: 11 since Apr 2014
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Auric View Post
I have never had to stretch so far to overcome my shortcomings.
I have never had to work so hard for something I want.
I thought I knew what patience was.

If you are vain you will be humbled.
If you are overconfident you will doubt.
If you doubt you will be eaten alive.
If you hesitate you will be abandoned.
If you are undisciplined you will be punished.
If you rage you will be burned.

I am not yet ready. I continue even though I have never had to push myself so hard to learn something.
I wait for the day when all is stripped away and I can see and trade the market with emotion as a partner and not my master.


Forex is a struggle. Survival I would say. Every wrong step costs us too much to repeat it.

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Last Updated on June 25, 2014


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