Looper

I know, that Bruce Willis sci-fi movie… 

… is also called Looper. 

Know any other Loopers? 

There’s one in your body. 

In hardware terms, it’s your brain. 

In software terms, it’s your mind. 

Its ability to loop can become a tendency. 

Any problems with that? 

Sure. 

Big ones. 

Imagine a trade. 

Goes wrong. 

You’re drained. 

You get out. 

Loss.

Done? 

No. 

At this point, don’t let your mind loop. 

It will, if you allow it the leeway. 

If it loops, you’ve lost the energy value of two trades or more (fatigue) while losing one trade. 

Don’t delve on the loss. 

Move on in search of your next winning trade. 

Define conditions that stop your mind from looping. 

For example, when entry value is small enough to not be bothered about, its partial or even full loss might not be enough to cause your mind to loop. 

And that’s the position you want to be in. 

No looping.

No overthinking. 

Just trading. 

🙂

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Making Friends with Poison

You’re thinking cruise control… 

… when life asks you to step in. 

What just happened? 

Is cruise control a myth? 

Life in the ’10s is about variables. 

Balance arrives, to become imbalance. 

Body-chemistry. 

Most of us are far away from equilibrium because of our inner and outer environments. 

We exist for the longest time in a poisonous state of pseudo-equilibrium.

It’s become a game of how well we cope with such state.  

What’s the fine line here? 

Shying away is not an option. 

To achieve, one delves deep into the world. 

One becomes habituated to body-chemistry being regularly out of whack. 

One makes friends with one’s poisonous state of non-equilibrium. 

One achieves. 

Simultaneously, one keeps killing accumulated toxins, or pumping them out. One doesn’t let them overflow. 

Exercise. Metabolizes toxins at a fast pace. 

Anti-oxidants. Straight-away attack and break-up cancer cells. 

Water. Dissolves water-soluble toxins and flushes them out. 

Smoothies. Micronutrients. 

Fruits. Micronutrients. 

Veggies. Micronutrients.

Sleep. Recuperation.

Meditation. Recuperation. 

Chanting. Recuperation. 

Family. Rejuvenation. 

Harmony. Rejuvenation. 

Recreation. Rejuvenation. 

Etcetera. 

Do what you’ve come to do. 

Make sure you do this stuff too. 

Cheers! 

🙂 

Pain is Pain

Pain is pain.

Can you see it?

I know you can see yours.

Thanks for reconfirming.

Can you see the pain of others, by the way?

Does it register?

Do you walk by?

Who are you… or… what are you?

Decide which question applies to you.

For example, do you see the pain of that earthworm writhing in the sun?

It rains. Coupla earthworms come out, only to be met by scorching sun. They writhe. Do you pick them up with a twig and install them in a wet muddy patch? Do you ignore them? Do you even notice them?

Finance is not too different.

It rains on your plans.

You writhe.

If your overall strategy has not been adequate, you can even perish due to your predicament.

Do you expect help?

Well, who doesn’t?

Only, you are that earthworm now. You are in pain.

Pain is pain.

The earthworm feels it, and so do you.

However, the earthworm is not able to do much. It will probably perish.

You, however, are human capital.

Stop writhing.

Prove you prowess as being superior in performance when compared to an earthworm, or perhaps to a donkey.

Stand up.

Clear your head.

Analyze the situation.

Pain dulls.

You’ve got to push through, and come out of it.

Once you’re up, and through, as in out of your predicament, well, don’t make the same mistake again. You’ll make other ones, sure, we all make other ones, but let’s not repeat the same one.

Safe investing.

🙂

Things To Hold On To

There are some up days…

…and there are some down days. 

Could be because of anything. 

On down days you need to hold on to something(s). 

These provide anchor. 

You wedge yourself into something, and are not swept away. 

There’s right diet. Leads to good health. You make sure your diet doesn’t stray on a down day. It is likely to if you don’t watch out for its deviation attempt. 

Exercise. Get moving. Alone the hormones secreted during exercise should make you feel better. 

If your down day is not because of professional issues, get professional (baby)! Meaning, use your profession as an anchor. Dive into it. Deeply. Forget about time. 

Look after the well-being of someone you care about. 

Pursue something extra-curricular. Again, dive into it. 

Travel, if you can. 

You can fill in the blanks. 

I’ve set up a very basic list. 

We’re very basic here. 

We don’t believe in sophistication. 

We break life down to basics. 

We keep things simple. 

So, what does the anchor do?

Yes, it stops you from being swept away. Your anchor gives you stability and solidity. 

Then, your anchor consumes you. You lose track of time. 

What was time, – oh ya – a healer. As time passes, you forget the issue, or the issue dissolves, or dilutes. 

You wake up on another day, refreshed, and join the battle where you left off. Issue seems smaller. Your forces are replenished. You fight. You win. 

Never forget your anchors. Have them ready. Anytime. Any place. 

Take that –>@&%# Mr. Peer Pressure

Dear Mr. PP,

I don’t give in to you, never have, never will.

You’re not that important.

I don’t spend my time thinking about you.

I don’t respect any entity without a backbone, and you certainly don’t have one.

I’ve met you many times.

At first, I felt you, and was taken aback. You wanted me to do something I didn’t wish to do. You were strong.

I was stronger.

When you don’t know anything about the reputation of your opponent, frankly, you don’t give a d*m*. You fight. Till you fall or till the other fellow backs down.

I won my first head to head with you. Thank my stars.

After that I found out who you were. Yeah, who was it exactly that I didn’t succumb to?

After I’d grown up and all, and fully realized your devastation potential, I always leaned back on my first head to head. I mean, you were beatable. Period.

Yeah, I was lucky to have beaten you first up. It’s been a huge psychological advantage.

I’ve carried over this advantage into my market life.

Take a hike, Mr. PP.

[As far as market related activities go, I follow and advocate an unbiased, singular and customized path which doesn’t follow any crowd or any myths as such.

This path certainly does not let me invest under any kind of pressure.

Where there’s pressure, there are vested interests.

Please beware of investments which don’t suit your risk profile and are touted to quench vested interests].

How to Swallow Small Losses…

… as if nothing has happened … is one of my biggest trading goals.

You see, our society teaches us not to lose. 

It doesn’t teach us that we can lose a bit 5 times, and after that we can win big, recovering all our losses and making money overall.

No. 

It teaches us to try and win all the time. 

That’s the exact reason 90%+ of all society members actually lose in the markets. They’ve not learnt how to lose small, move on, and take the next trade.

Mrs. Market won’t budge an inch for you. You’ll have to make the adjustment. 

So how does one take a loss in one’s stride?

Only one type of loss is immediately digestible – a small one. Therefore, define your risk in the market. Cut and scoot when required. Don’t get married to your trade.

Then, once the small loss has happened, and has been taken, it will nag you. 

It’ll be there, trying to bite your brain in the background. 

Focus on your next trade. 

Identification – Implementation – Entry – Management – Exit – Next Trade Identification – Implementation – Entry – Management – Exit – Next Trade Identification – Implementation – Entry – Management – Exit – … … [what’s the difference between implementation and entry? Well, you could be implementing the trade through a trigger, which is not equivalent to entry yet].

Don’t let the nagging bother you by keeping yourself busy with Identification – Implementation – Entry – Management – Exit – Next Trade Identification – Implementation – Entry – Management – Exit – Next Trade Identification – Implementation – Entry – Management – Exit – … … 

Ultimately the nagging will die out, as your mind starts to revolve around your current trades. 

If you give in to the nagging, it will grow, and will slow you down. You might snap at a family member. You might go into depression. You might freeze. DON’T. Don’t give in to the nagging. Don’t let it grow. Don’t let it slow you down. Maintain your family equilibrium at all costs. Move on. 

The nagging is worst if there’s been a close below your stop, and the market is to open the next day, or after the weekend. You have to deal with this one. If you’re not able to deal with this particular situation, you’ll either need to expose your mental stop prematurely and feed it in intraday (before there’s been a close under it), or you’ll need to follow the progress of your trade from half an hour before next market open onwards.

Yes, this last one’s tough, and you need to absolutely work your way around it. 

You can do it with a bit of practise. 

🙂

The Ideal Entry

What kind of destiny do you prefer?

A scenario where you know the game, and are a champion, with people gloating over you, and where you balloon into over-confidence, only to blow up big?

Or a situation where you are uncomfortably stuck with your surroundings, and make mistake after mistake in an effort to stay afloat, until you start understanding, then mastering and finally manipulating your environment towards mega-success?

What’s that? The latter?

Congratulations. You’ve chosen the path of pain. Temporary pain, but still pain. Pain pains. That’s why it’s called pain, and that’s why it is a pain. It has one basic characteristic, though, which most of us need to understand. Slowly but surely, the human being is capable of becoming immune to small levels of pain. That’s all it takes to win in the markets.

Why didn’t you choose the former path?

Did you know, that given a choice, most of us choose the former (“smoother”) path?

Why?

That’s because when we’re given the choice, the part about ballooning into over-confidence, only to blow up big is purposely left out. That’s the portion one needs to intuitively identify on one’s radar and then avoid, if one is able to remain in one’s senses and is not drunk on fame. The test portion, aha. There needs to be some test in life. If there’s no learing / evolution, what’s the point of the path anyways?

You didn’t choose the former path because its demon was disclosed to you.

Did you for one moment stop to think, that the second path also discloses its demon to you, but only partially? To balance things out, it also discloses the reward. What it does not spell out for you is the big IF in the middle. IF as in – IF you manage to stay afloat after making mistake upon mistake,  until you start understanding, mastering and finally manipulating your environment towards mega-success…

Aha.

The thing about this second path is, that you are on high alert from the beginning. You are getting hit, again and again, and it’s a battle for survival. You are evolving. You are in a great position to intuitively identify and understand the big IF, because, as I said, your senses are on high alert from the beginning. And that makes you fight even harder – no one wants to go down without a fight, right? When you’re in a do or die thing, and your hands and feet are moving to stay up, nature itself starts fighting for your survival. Your odds of making it improve tremendously. After making it through, you know the game by the back of your hand, and can go on to manipulate it to your benefit from there.

There’s another thing about this second path, and of course nobody tells us this. After you’ve won the first leg, the second path becomes the first path.

Ahaaaa!

Also, there’s another thing about the first path too, which again nobody tells us. After one has lost on the first leg, the first path becomes the second path.

Ha!!

So, what’s the ideal entry into a career in the markets?

The second path, obviously.

Make mistakes, make many, many mistakes, and make them when you’re a nobody. These will be small mistakes. They’ll hit you, but you’ll keep surviving them. Your market play will get bigger and bigger. You might even become very wealthy and famous. At that stage, the cost of a mistake will be big. If you’re drunk on your fame, there’s a huge chance of you blowing up.

Thus, an ideal entry into a career in the markets is the second path without the “getting drunk on fame bit”.

Believe me, you don’t wanna blow up. Blowing up brings baggage that lingers. Highly avoidable.

In the end, if you’re on the second path, and if you do become wealthy and famous, you are not going to get drunk on fame. Period.

And, if you’re on the first path, please come down from your high horse to properly approach each new trade with your full capability, with confidence but not over-confidence, and without feeling greater than God.