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Stock Trading
If you trade stocks online, invest in stocks, trade the stock market, looking for advise on how to trade stocks effectively and looking for the tools to effectively trade the stock market. Including the right tools to research for investing, or day trading or swing trading. Including but not limited to penny stocks and high beta momentum then this tutorial is for you.
Everything should be made as simple as possible, but not simpler...Albert Einstein
Those who are the most confused in the markets right now are those who are reading newsletter after newsletter, site after site, pundit after pundit trying to find a reason for "WHY" things are happening. Everyone has something to say, to write, to postulate or theorize about such situations as "Why are the dollar and gold going up at the same time? How can this be possible? What is going to happen?" Well, since I don't know, I will look everywhere until I find the answer. DUH! How can you know what you don't know when you don't know what you don't know?" ...........see below
During a transitioning market We see signs like these.
"Hit and Run Trading Only"
News Is The "Day To Day" Noise That Tells Us
Up, Down, Up, Down, Up, Down
Ahhhhhhhhhhhhhhhhhhhhhhhhhhhh
Listening to the Noise, News and playing in the "gamblers zone" will cause the most whipsaw. Although when in cash for whatever reason its impossible to get whipsawed. I know its crazy
OCCAM'S RAZOR (aka KISS)
Everything should be made as simple as possible, but not simpler...Albert Einstein
Your brain is out to get you. Your brain is so highly complex with multiple reverberating circuits and connections that you can literally think yourself into or out of any situation. Your brain lies to you night and day in the most convincing and deceptive ways imaginable. If you are finding yourself challenged, confused or messed up in your trading or in your personal life it is for one reason: Your best thinking got you there.
Those who are the most confused in the markets right now are those who are reading newsletter after newsletter, site after site, pundit after pundit trying to find a reason for "WHY" things are happening. Everyone has something to say, to write, to postulate or theorize about such situations as "Why are the dollar and gold going up at the same time? How can this be possible? What is going to happen?" Well, since I don't know, I will look everywhere until I find the answer. DUH! How can you know what you don't know when you don't know what you don't know?"
Why are you tormenting yourself trying to "figure it out?" when the answer is simple. It is happening because it is happening. All of the mental and intellectual tricks ( neurotic defenses) that you play on yourself are for the purpose of easing anxiety over a situation which you do not understand, and, often, the more you search for answers, the more anxious you become. You are the problem and you are the solution. It is just that simple. Stop trying to figure it out. Accept that it is happening and act according. Learn to respond, rather than react. If price is going up, it is going up and that is that. Go with it and continue with it until it stops going up. If price is going down, go with it until it stops going down.
The founders of AA called this the KISS (Keep It Simple Stupid) solution. The 14th Century Franciscan monk William of Occam formulated a concept which underlies which provides the basis for much of present day scientific theory and models. This concept, know as Occam's razor, states that, given any competing sets of solutions for a problem, the explanation must be made in terms of what is already known. That does not, necessarily, imply that it will be the most simple explanation, but it will help focus you, and alleviate anxiety and endless frustrations trying to figure out what you don't know. Best of all, it permits you to take action or stand aside. Like a friend ( and you know who you are) said...there is a time to trade the hard stuff and a time to drink it. The choice is up to you!
Janice Dorn, M.D. Ph.D.
Trading Wisdom Articles by Janice Dorn, M.D. Ph.D.
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