Market is always right. Is this true? Is the market really concerned if it is RIGHT or WRONG?
In my opinion market is IGNORANT of everything and anything. Market will do anything it is going to do irrespective of anyone's views and opinions.
MARKET IS NOT AWARE and IS NOT CONCERNED about others views and opinions. Market don't know what is right and wrong. Market has NO grading of its own action. Market has no benchmark of itself.
Many times in the past, I struggled with market when market move in the opposite of my positions. My positions are products of my analytical views which in my opinion does not contradict the old school of FunnyMental Analysis.
It took me a long time and a personal challenge to BLEND into the market and forgo my personal views.
Is the market WRONG when we are in the losing position? We never say the market is right. When we are making money, did we say market is wrong? All we say is WE ARE RIGHT.
All this RIGHT and WRONG is another set of lingo that I need to remove from my vocabulary.
Market is NOT and NEVER about RIGHT or WRONG.
Market is about doing what the MAJORITY wants and doing it with least effort easily.
We struggle in the market because we are not able to BLEND into the trend. We continue to struggle against mental conditioning what market SHOULD do instead of giving in and surrender to the market.
The market does not understand anything at all. The market does not understand too high, too low, support, resistance, overbought and oversold. As long as there is continuous support the present action against any changes, the present prevails.
The market is a very simple "creature" that moves UP - DOWN - SIDE WAY. The market did NOT tell us anything WHY it is acting and behaving in a certain manner. BUT we start to attach reasons and rationalizations for each and every market actions. This is where and how the complications start with US.
Success is NOT elusive IF we start to unlearn and surrender our opinions. Blend in and go with the flow. No more why!!!
EACH ANALYTICAL CONCLUSION HAS THE WORD EGO ATTACHED TO IT.
When we struggle against the market, something is NOT right
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