“For surely we are not … no simply contending in order that my view or that yours may prevail, but I presume that we ought both of us to be fighting for the truth.”
By..Socrates
The aim of any investor is to make money by correctly identifying and acting upon the truth. The truth, however, is elusive, as there is no scientific method to get us to the truth. The truth is difficult to see as it can be totally different to what your emotions and natural instincts are telling you. Furthermore, the fact that the majority of people agree or disagree with you has no relevance in the pursuit of the truth.
To succeed in trading you need to understand that there are no certainties, only probabilities, and to seek the truth you need to have a deep understanding of yourself and the market you operate in, and how you relate to it. You need to stand-alone and, from your perception of what is going on around you, decide what the truth is.
Trading is a reflection of life. This is why there are so many contradictory ideas and shades of grey instead of black and white answers. Just like life, trading is unpredictable; people who believe that there is a scientific law to investing that can predict commodity price movements are missing the point.
It is effectively the ability to see an event before it is definitely known, that is the key. It is really the intuitive ability to see and then to act. Relying on both right and left hemispheres of the brain to process and analyse information, this is the key to identifying and acting upon the truth. Once you have brought your thoughts to bear on the facts of a situation, then you need to let go. This is the incubation stage where you are letting your thoughts go where they may, without the influence of anyone else. When you learn to think and act in this manner, you will be surprised how you see many situations the crowd will never see.
By..Socrates
The aim of any investor is to make money by correctly identifying and acting upon the truth. The truth, however, is elusive, as there is no scientific method to get us to the truth. The truth is difficult to see as it can be totally different to what your emotions and natural instincts are telling you. Furthermore, the fact that the majority of people agree or disagree with you has no relevance in the pursuit of the truth.
To succeed in trading you need to understand that there are no certainties, only probabilities, and to seek the truth you need to have a deep understanding of yourself and the market you operate in, and how you relate to it. You need to stand-alone and, from your perception of what is going on around you, decide what the truth is.
Trading is a reflection of life. This is why there are so many contradictory ideas and shades of grey instead of black and white answers. Just like life, trading is unpredictable; people who believe that there is a scientific law to investing that can predict commodity price movements are missing the point.
It is effectively the ability to see an event before it is definitely known, that is the key. It is really the intuitive ability to see and then to act. Relying on both right and left hemispheres of the brain to process and analyse information, this is the key to identifying and acting upon the truth. Once you have brought your thoughts to bear on the facts of a situation, then you need to let go. This is the incubation stage where you are letting your thoughts go where they may, without the influence of anyone else. When you learn to think and act in this manner, you will be surprised how you see many situations the crowd will never see.
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