Friday, May 9, 2008

The curse of freedom!

I always look upon the eagle as a symbol of freedom; being the top predator of the sky, they soared with free spirit at will without fear.


















We humans have in our innate nature to love freedom. Human ancestors who roamed the jungles as hunter gatherers of pre-civilization days probably had more freedom than us today. As civilizations evolved and develop, rules and laws are imposed inevitably to maintain civil order. So within home, work place and society at large... rules abound!

What does this preamble leads to?
Well, my classmate threw this question at me yesterday.

What do people who trade like most?
The first thought came to mind is profits of course.

No, most like and enjoy the freedom!
One has total freedom to do anything one pleases..
when to trade or not to trade;
when to enter or exit a trade;
with any rules or without rules etc.

But that's also the curse!
Trading offers so much freedom we can't handle properly!
We can easily drift around trading ad hoc ways.
The most probable outcome is loosing money.

Guess what he said make good sense; worth to ponder over.
So it is back to the fundamental of "Disciplined trading" again!
I can't emphasize less!

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