Archives of “January 22, 2019” day
rssContradictions
Contradictions are what make love grow. Conflicts are what allow love to remain by our side.
Life is too short for us to keep important words, for example, ‘I love you’, locked in our hearts.
But do not always expect to hear the same words back. We love because we need to love. Otherwise, love loses all meaning and the sun ceases to shine.
And yet, even when Love does not appear, we remain open to its presence. Sometimes, when loneliness seems about to crush everything, the only way to resist is to keep on loving.
Our great goal in life is to love. The rest is silence.
We need to love. Even when it leads us to the land where the lakes are made of tears, to that secret, mysterious place, the land of tears!
Tears speak for themselves. And when we feel that we have cried all we needed to cry, they still continue to flow. And just when we believe that our life is destined to be a long walk through the Vale of Sorrows, the tears suddenly vanish.
Because we managed to keep our heart open, despite the pain.
Because we realised that the person who left us did not take the sun with them or leave darkness in their place. They simply left, and with every farewell comes a hidden hope.
It is better to have loved and lost than never to have loved at all.
Watch this Mark Douglas interview, especially if your trading mindset is based on prediction instead of probability.
Thought For A Day
Time is Your Friend ;Impulse is Your Enemy
5 Mistakes -Traders Always Do
Over trading
Most new traders think that they must always be long or short the market. They lose a lot of money during certain market stages like corrections, high volatility, or bear markets. Sometimes the best position is cash. Sometimes the best trade is no trade. Sometimes their is no signal just chaos. Profitable trading is taking signals for trades that have good odds for success and the right risk/reward ratio for your win rate expectations. Cash is a position in itself. The less I trade the more money I make.
Ignorant of their own ignorance
The more you don’t know, the more sure you are that you know everything. New traders many times do not understand the danger of big losses. They also do not understand the mental and emotional strain of having on trades with real money in real time. A lot of hubris and arrogance is born out of not being humbled by the markets. Looking at historical charts and past history is nothing like holding positions in real time.With skin in the game and not being able to see the hard right edge of the chart as it unfolds is a different experience than theories, back tests, and reading trading books. The real traders I know that have a ton of experience are humble and know that they don’t know the future. (more…)