Saturday, April 2, 2022

Why are mistakes made and what is going on?

In the financial market, all that matters is actually PRICE and TIME. When one act, what is recorded is the price it is done and when it is executed. There is NO record WHY it was done!!!

But each and everyone .. almost EVERYONE has his or her own reason why a decision is made.

It is HUMAN to be engrossed with WHY while it actual fact the reasoning is sort of IRRELEVANT in my opinion.

Other than trying to impress other with my "intellectual academic" abilities explaining why things are evolving, there is NO value add to my decision making. In fact engross with such acts and mental hostage can always result in financial ruins.

All sort of different reasons are behinds many trades at a particular price and time. While there are 1001 reasons for trades to be concluded at that price and time, this proves that there is conclusive evidence that a certain rationale is the only reason "WHY" for the actions.

However if one can figure out if the PRICE and the MOMENT is the RIGHT moment with minimal risk and maximum gain potential, than one is moving on the right path.

Knowing the reason is the pitfall of our LINEAR mindset and this is only about maybe 33% of the time. We should not allow the mind to fall into the trap of developing the 1001 "why" reasons, instead we should be asking if THIS IS THE RIGHT MOMENT.

MOMENT or TIMING will decide everything. Will it be a winner or a loser? This will depend on WHEN or TIMING at best.

If we can develop and work on a model structure that can guide us to the best timing and lower risk, than we have achieve what many has failed to understand and remain elusive to the majority.

A team of us were on the water heading to Koh Seh and took the opportunity to check the water depth.

There was wind along the journey to the spot we are interested to check. 

On the way back, the same route was HOT with still air like SAUNA. A 2.0h journey one way and the same route, direct timing means different experience 





 

  

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