i checked up the dictionary
for the meaning of a 'trader'.
this is what i found
"a person who buys and sells
goods and services"
by this definition
everyone in the stock market
can claim to be a trader!
not only this
we can claim to be a successful trader
as long as we manage to successfully buy
and successfully sell shares!
--
nowhere did the definition mention
that one needed to be profitable
to be a successful trader!
--
i looked further and found
"trade on"
i checked for its meaning
"take advantage of"
it said!
that was better!
we must 'trade on' opportunities!
--
i looked still further
and found
"trade off"
i checked for the meaning
"exchange something as part of a compromise"
i realised that this is what majority of us do
-compromise!
--
so, in reality
we don't trade
we trade-off!
--
then
i decided to look for "profit"
i checked for the meaning
it said
"advantage"!
by this definition
we all are profitable!
because we are in a state of advantage
in majority of the trades
for majority of the time!
that we let the advantage slip-by
failing to book the profit,
is a different matter.
but the definition never mentioned
that encashing the advantage
was important to be profitable!
--
i was happy to note that we are in profit
for atleast 90% of the time
we are in the trade!
--
i checked further
and came across the word
"profiteering"
the dictionary gave the meaning as
"the making of a large profit
in an unfair way"
this reminded me
of the big pockets of the market!
surely, they are the ones profiteering!
but what do they call the big profits earned in a fair way?
i wanted to do that!
but the dictionary was silent on this!
--
anyhow
now i felt like
checking it up
for "loss" also.
--
the dictionary said
"the feeling of sadness after losing a valued thing"
....on reading this definition
the mountain of buried losses
deep inside me
erupted like a volcano!
--
i looked some further
and saw the phrase
"at a loss"
meaning
"uncertain or puzzled"
well, that's what we are
during trading hours...at a loss!!!
--
finally,
i looked up for
"experience".
it said
"knowledge or skill gained over time"
--
and i got ready for it!
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