Monday, November 22, 2010

Thank you, Mr. Market

This week, as everyone is preparing to celebrate Thanksgiving day, let's take a look at the importance of being a grateful trader.

In every religion, no matter whether you're Jewish, Christian, Muslim or whatever, the basic principle is being thankful for what you have in your life: your family, abundance, health and peace, to name a few...

But why is it important to have a thankful attitude towards the market?

Approaching the market with a grateful state of mind is really important so that you can see it more clearly, if you feel no anger but on the contrary you feel gratitude, it'll give you an inner joy making your mind available to the opportunities market presents every single day.

No doubt we have many many reasons to be thankful to Mr. Market. Just imagine if:
  • were not allowed to participate in the markets
  • ...they banned short selling
  • didn't have any money to trade
  • didn't have the possibility of trading through your computer
  • didn't have enough liquidity for you to day trade
  • couldn't be in or out of the market whenever you wanted
Even if you are going through a difficult time in the market, think of this: difficulties are opportunities to better things; they are stepping stones to greater experience. Perhaps someday you will be thankful for some temporary failure in a particular direction.

Happy Thanksgiving all!

Successful trading.

Let us be grateful to people who make us happy; they are the charming gardeners who make our souls blossom.
-- Marcel Proust 

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