Market being down 61). should not pinch you. If such condition does pinch you, you might react accordingly, and do something painful.
You make market-downs not pinch you by being 62). miniscually committed at any given time.
Also, 63). you continue committing your miniscule quanta during market downs.
That’s because 64). you’ve made sure you have lots more to commit, by defining such an approach for yourself.
You are 65). happy that the market is down, because it is giving you an opportunity to enter.
You 66). switch off market TV. You don’t wanna know from them, because they themselves don’t know what works for you.
All 67). useless emails and smses are put on block.
That’s because 68). information overload is your nemesis.
You 69). learn from everything you experience.
However, you 70). don’t follow any market-person.
That’s because 71). you are unique. Only you can benefit yourself, ultimately.
You are going to 72). teach yourself to become a strong hand.
Thus, you will 73). not get affected by the behaviour of weak hands, ie. the masses.
Instead, you will teach yourself to 74). take advantage of the behaviour of weak hands.
Market players 75). commit the same blunders again, and again and again.
That’s because 76). every few years, a whole new batch of market players starts behaving unreasonably.
This proves to us 77). that the only real learning comes first hand from market-play, to you and you alone, and only from your market-play.
This also pretty darn well insinuates that 78). theoretical learning from books or universities has zilch value in the markets.
You’re lucky 79). if the market knocks you around during your first seven years of market-play, when the kitty is small.
That’s because 80). exactly that learning from 79). is going to earn you big as the kitty increases during your meat-years of market-play.