Friday, April 11, 2014

Doing for the sake of DOING!

Many people in life has a MOTTO the Nike slogan - Just Do it!

When you do something for the sake of doing it, tick the checklist "DONE" than most likely you will remain status quo for a long long long long time. How many will seriously think and question what you have been doing and improve on what you are doing? Few or minority.

When you do something, to improve what you are doing, you got to start thinking if you can do it differently. We can practice and continue to practice. Without practice, you are destine to fail. When you practice, do it properly and correctly. If you are not getting the results you expect or anticipate, than there is no doubt you have done it wrongly and improperly! Logical?

All the rules in investing and trading are NOT "HOLY" unbreakable LAW. They can be broken and challenged provided you have a good valid legitimate reason(s) to do so. Correct! Some of these rules might not suit your style and approach. The rules suit the authors and not necessarily you! You are the ultimate beneficiary of the positive or negative outcomes! Not the authors!

Overvalue or Undervalue are very extremely dangerous terms to describe prices. Market is rule by EMOTION and emotion can run for a long time as much as prices can remain over value or under value for a long time. When EMOTION rules, LOGIC reasoning is OUT! When emotion rules we can either exit and rest or join the party while it is hot! My normal approach is to exit and look for opportunities that blends with my style. To be able to do so means I must have different markets to trade. It is highly unlikely that ALL different markets will be in the EMOTIONAL Euphoria Illogical Linearly at the same time, same magnitude and same timing!

Sometime it is like dancing CHA-CHA when CHA CHA music is on. Try dancing WALTZ on a CHA-CHA music and you know you are out of steps!

Are you concern about being RIGHT? Are you concern about being WRONG? Are you concern about PICKING TOP? Are you concern with PICKING BOTTOM? You should not be concern with all these if you have the tools and strategy to help you navigate safely with low risk. 


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