Traders write to me and talk with me about a lot of things. Sometimes it's about problems they're having in their trading; sometimes it's trying to make sense of markets.
Few traders talk about new discoveries they've made; fresh challenges they've undertaken; or new and promising approaches they're taking to markets.
If I had to describe the stance of most traders I encounter through the blog, it would be "coping". They're weathering the vicissitudes of markets, hoping to not blow up, hoping to get paid at the end of their efforts.
There's a lot to be said for coping, especially relative to the alternative.
But there's nothing magical in coping; nothing energizing, ennobling, exciting, or stimulating. It's no way to approach a marriage or a career. You might make it through and arrive safely as a well-preserved body, but have you lived?
My recent post outlined an experiment I'm conducting with my trading. It might turn out well; it might go bust. Part of the fun is finding out how the story ends. Either way, I intend to arrive in a cloud of smoke, thoroughly worn out, happy for the ride.
May you live to be old and always live young.
Further Reading: Hunter Thompson and Your Trading Edge
.
Few traders talk about new discoveries they've made; fresh challenges they've undertaken; or new and promising approaches they're taking to markets.
If I had to describe the stance of most traders I encounter through the blog, it would be "coping". They're weathering the vicissitudes of markets, hoping to not blow up, hoping to get paid at the end of their efforts.
There's a lot to be said for coping, especially relative to the alternative.
But there's nothing magical in coping; nothing energizing, ennobling, exciting, or stimulating. It's no way to approach a marriage or a career. You might make it through and arrive safely as a well-preserved body, but have you lived?
My recent post outlined an experiment I'm conducting with my trading. It might turn out well; it might go bust. Part of the fun is finding out how the story ends. Either way, I intend to arrive in a cloud of smoke, thoroughly worn out, happy for the ride.
May you live to be old and always live young.
Further Reading: Hunter Thompson and Your Trading Edge
.