Archives of “February 2019” month
rssThe great Fred Schwed Jr. on the 20th anniversary of the Crash of 1929 (Saturday Evening Post, Oct. 29, 1949):
Anticipate the anticipations of others
Fascinating. There are people that are still alive from WW2 that must be astonished. I'm.
RELAX
If you are ‘in pain’ regarding trading, what is driving you is some other desire not directly connected to trading. You are trying to fix another area of your life that you are unsatisfied with (your job, your relationship, a debt, etc) – and you have projected this onto trading as the solution to your problems. You have to just let this go, stop doing it. If you do this, you are dead as disco. Give yourself a massive time window, the same as it takes to get a PHd.
The 10 Alarming Things in Trading
I was reading this article and started thinking about the ten scariest things in trading: The Top Ten Things That Make Horror Movies Scary.
1. Fear of Death. This is the ultimate fear, both existentially and psychologically. It isn’t really a horror movie if people don’t get killed.
In Trading: fear of depletion of assets.
2. The Dark. From our earliest childhood we are afraid of the dark – not the dark itself, but what it hides. It makes horror movies even scarier to watch them in a darkened theater, or a dark living room, right?
In Trading: not knowing enough news
3. Creepy, Crawly Things. Snakes, spiders, rats, and other crawling things are scary in and of themselves, but when they touch the skin, in the dark, it amplifies this common phobia.
In Trading: monthly expenses
4. Scary Places. Horror movies are full of scary places – graveyards, old houses, overgrown forests, dungeons, attics, basements. These are dark places, where evil things can hide. (more…)
12 Truths about Stock Market-Video
Make sure time is on your side.
A bit of trading truth
