Important Trading Lesson for the day
To succedd in market we must __________ ?????
What are we doing wrong when we are losing in the market? Well we are doing a number of things wrong. One crucial thing that we do is we want to fight the market.
Whenever we make a trade the market goes against us. We think it's our opponent. We want the market to go our way but market is random and it doesn't. It will take our money if we fight the powerful erratic market.
Predictions are great, but when predictions and reality diverge, we must always go with reality. Analysis is great, but when analysis and reality diverge, we must go with reality.
Knowlege is great, but when knowledge and reality diverge, we must always go with reality and what is reality? Simply the way its actually going right now.
So how can we come out as a winner. What we should do right?
We need to surrender the battle and have to stop swimming against the tide and have to go with the flow of the market.
We must allow ourselves to mirror the market, follow it. Surrender to it. We must be willing to let go of what we think we know about it so that we can see it directly.
So we should ask ourselves very honestly; Are we really in the markets to make money? Is that our true interest in them? If so, we need to learn to do something that's extremely easy
and yet can be extraordinarily difficult. We need to learn to let go, to surrender to the markets.