Is it a Crime?

With due respect to Sade, no, the next words are not going to be “to say that i love you…”.

Is it a crime? To be oneself? For you to be you?

No.

Then why?

Why what?

Why can’t you be you?

You being you is a winning combination in the markets. 

In any market. 

Why?

When you’ve recognised who you are, you invest and / or trade as per your risk-profile. 

More than half the battle is won here already. 

You’re not trying to emulate an RJ, or a WB, or CM or BG for that matter. 

You’re too busy being UU.

When does that happen?

After you’ve been there and done that. 

After you’ve had your fill of loss-making transactions. 

Yeah, you tried to do an RJ, but couldn’t sleep the night 40% down on your position, and then you folded. 

RJ probably sleeps well, even if 40-down on a position. That’s his risk-profile. When equity markets were badly beaten some years ago, I’ve seen him on TV saying that his bread and butter is safe, and his grossly hammered positions won’t be affecting his day to day life, or something to that effect. He obviously had no intentions of folding. That’s RJ. Not you. So, don’t do an RJ. Do a you. 

What happens in the markets when you behave like you really are?

You take digestible risks. Digestible for you. 

No risk, no gain. Remember. You’ll have to put something at stake, to be able to gain. 

You take a risk, again, and again, and again. 

Some play out well. Some badly. 

You nip the bad ones in the bud. 

You let the good ones play out to their logical conclusion. 

This is already a winning strategy. 

Cheers!

🙂

 

 

 

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The Art of Addressing

Address your goals.

Daily.

Make that part of your basics.

It’s easy to sit back, when a few fundamentals are sorted.

There could be bread and butter on the table.

Family could be in their groove.

Are you quite there yet?

No.

Don’t rest on the laurels of the few fundamentals you might have achieved.

An RJ might light a cigar and open a bottle of single in the evening, but only after his goals have been addressed for the day.

A WB might invite his poker buddies and kick off a game after a round of hamburgers… after his goals for the day have been addressed.

When does BG nip into his chocolates? At bedtime. After you know what. After addressing his goals for the day.

Yeah.

Now it’s your turn.

Have a few simple goals.

What?

Don’t have such goals?

Well, make them.

Then address them.

Break down your goals to their prime number form. For example :

– Research a stock

– Trade some forex.

– Write a piece.

– Learn something new.

See. As simple as possible.

It’s convenient to address simplicity.

Laziness and complacency are enemies, though.

Fight them.

🙂