...Let it go!
I woke up from a nap, plodded down stairs and came face to face with my beautiful beagle Pablo, who to my suprise had a filthy disheveled old tennis ball hanging precariously outside the right side of his mouth.
My first thought was, "where the hell did he get that from", my second thought was "He wants me to chase him" to which I did and like a trader looking for his next dopamine hit I shot off in his direction only pausing momentarily to fake him out and gauge his first move, to which he jostled left and right faster than Mike Tyson's peek-a-boo boxing style, immediately evading my first flapping attempt to grasp the now holy tennis ball.
What followed was 30 minutes of exhaustive chasing, ducking and diving around my garden. Because he's so much quicker than me I had to make the decision to move less and feint more.
My goal now was to make him tired.
And I did!
It wasn't long before he gave up due to exhaustion both mentally and physically.
Same tactics go for trading too, chase chase chase with full effort and all you'll do is exhaust your mind, body and capital, but if you take a page outta old Ninjas book and slow things down, feint more, wait for the market (other traders) to exhaust themselves out before committing to a trade yourself? Well then my friend, chasing will be a thing of the past.
See you in the next ep!
I woke up from a nap, plodded down stairs and came face to face with my beautiful beagle Pablo, who to my suprise had a filthy disheveled old tennis ball hanging precariously outside the right side of his mouth.
My first thought was, "where the hell did he get that from", my second thought was "He wants me to chase him" to which I did and like a trader looking for his next dopamine hit I shot off in his direction only pausing momentarily to fake him out and gauge his first move, to which he jostled left and right faster than Mike Tyson's peek-a-boo boxing style, immediately evading my first flapping attempt to grasp the now holy tennis ball.
What followed was 30 minutes of exhaustive chasing, ducking and diving around my garden. Because he's so much quicker than me I had to make the decision to move less and feint more.
My goal now was to make him tired.
And I did!
It wasn't long before he gave up due to exhaustion both mentally and physically.
Same tactics go for trading too, chase chase chase with full effort and all you'll do is exhaust your mind, body and capital, but if you take a page outta old Ninjas book and slow things down, feint more, wait for the market (other traders) to exhaust themselves out before committing to a trade yourself? Well then my friend, chasing will be a thing of the past.
See you in the next ep!