traders lie
when they say
"i have bought so and so shares"
or
"i have shorted so and so stock"
in reality
the trader has not bought the shares
the shares have bought the trader.
the trader has not shorted the stock
the stock has shorted the trader.
this is the only explanation that can be given
to justify the trader behaviour
when he keeps clinging on to
a sinking stock
unless ofcourse,
like the captain of a sinking ship
he is the promoter of the company.
(even promotors these days
are found to have "pledged out"
their stake!)
Tampilkan postingan dengan label Hypnotism. Tampilkan semua postingan
Tampilkan postingan dengan label Hypnotism. Tampilkan semua postingan
Sabtu, 02 Juli 2011
Sabtu, 18 Juni 2011
the whisper
"why do you move like this?"
asked the breathless bleeding trader
to the market.
"why don't you move straight
where you want to go?"
market raised its head
looked into traders fearful dry eyes
kissed his forehead
and whispered in his ears
"because i don't want you to come with me!"
the innocent trader
took it to his heart
wiped his dry tears
turned
and left.
market felt guilty
went after him
touched his shoulder
and said softly
"want to come with me?"
trader turned again
and silently nodded his head.
market smiled softly and said
"then don't stand too close.
don't look at what i do
just watch from a distance
and try to see
what i am trying to do."
asked the breathless bleeding trader
to the market.
"why don't you move straight
where you want to go?"
market raised its head
looked into traders fearful dry eyes
kissed his forehead
and whispered in his ears
"because i don't want you to come with me!"
the innocent trader
took it to his heart
wiped his dry tears
turned
and left.
market felt guilty
went after him
touched his shoulder
and said softly
"want to come with me?"
trader turned again
and silently nodded his head.
market smiled softly and said
"then don't stand too close.
don't look at what i do
just watch from a distance
and try to see
what i am trying to do."
Jumat, 04 Februari 2011
noise
does warren buffet watch business tv channels?
yes and no!
yes
because he is fond of watching
cnbc.
no
because he keeps the sound muted!
the scrolling strip at the bottom
keeps feeding him
"news"
on a conveyor belt
from which
he picks
what he chooses
uninfluenced by
noise!
yes and no!
yes
because he is fond of watching
cnbc.
no
because he keeps the sound muted!
the scrolling strip at the bottom
keeps feeding him
"news"
on a conveyor belt
from which
he picks
what he chooses
uninfluenced by
noise!
Senin, 10 Januari 2011
nip that pain in the bud!
pain of loss
is greater than
the pleasure of gain.
--
so when a trade goes wrong
which is often
especially for newcomers
and
loss appears on the screen
the new-bees are left with
only one way
to overcome
and avoid
the pain of loss
???
by not booking the loss
by not honouring the stop loss
....wishing the price
to turn
somehow
into the green
and become
a pleasure of gain!
--
obviously
this doesn't happen.
as a psychological miracle
the pain of loss
gradually turns into
the PLEASURE OF PAIN
and
the pleasure of pain
gradually turns into
the teasing
PAIN OF GAIN.
is greater than
the pleasure of gain.
--
so when a trade goes wrong
which is often
especially for newcomers
and
loss appears on the screen
the new-bees are left with
only one way
to overcome
and avoid
the pain of loss
???
by not booking the loss
by not honouring the stop loss
....wishing the price
to turn
somehow
into the green
and become
a pleasure of gain!
--
obviously
this doesn't happen.
as a psychological miracle
the pain of loss
gradually turns into
the PLEASURE OF PAIN
and
the pleasure of pain
gradually turns into
the teasing
PAIN OF GAIN.
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