'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Monday, December 26, 2011

Random thoughts from trading...

Since trading is an all alone endeavor, thinking independently and making own decision is the right way to approach the market.

Listening to others is the number one cause to lose your capital.

Trading and investing is like a job, full time presence is important otherwise you will get fired.

Trading takes time to learn and is a continuing process that's why patience is a must.

Trading is simple but it's not easy, that's why hard work and learning the market is a combination.

Learning the  markets (based from experience) is important because as you reach the age of retirement or if you want to make/have your own business, you can do so at your own pace.

Trading is the right way to have a business if you don't want to deal with others, avoiding payrolls, no office/store rent, no employees/no helpers, just your own thinking (is your capital but of course you need "real capital").

Even if you are in the seventies, you can do trading at the same time help you to condition your "rotten mind?" by fighting Alzheimer's? and laziness (which is common to those retirees?).

Participating in the market gives you longevity because learning is a continuing process - helping to sharpen the mind's thinking.

Visualizing the future and thinking ahead of the curve can give you an idea what options you want to choose in the future - and trading is one of them or I should say is on top of them (options).

So for those who want to have a goal in the future... what do you want to be?...will you let your grand sons/grand daughters just pass by you in the aisle doing nothing...I guess you need to teach them how to do trading and investing by then...have a nice night!