You can find yourself in an ocean of recommendations, how to make strategies and how to succeed. But things in many cases are simpler than it seems. That’s how things are in trading, too. To succeed, you need to start with simple things. And what would be so simple and so important about your success? This would be taking action. This is also one of the things without which you can not do anything. Without taking action, you become a victim of circumstances. If you do not take action and do not follow your dreams, you are the only one to blame.
Action is what is needed to achieve anything in life. I know, you can say it’s obvious and yes it is. But still many people do not understand it. And acting is not enough.
Take consistent actions.
Taking action is only the first step. The next thing to do is take a coherent action, the third: never give up. This is the formula for the success.
This is how simple it is. Try this formula for long enough and then say that I am wrong. Waiting for your results 🙂
“Ipsa Scientia Potestas Est”
(Knowledge is power)
-Sir Francis Bacon-
Action is that part of behavior which occurs intentionally.
To trade is to solve problems.
Problem-solving is the intentional generation of knowledge for action instead of simple trial-and-error behavior. From the perspective of a trading approach, the connection between knowledge and action is a classical means–end relation.
From the viewpoint of action, it is not possible to act without knowledge but we can act against our knowledge!
This blog is about trading and financial markets, and especially about people, about traders. My approach to trading is scientific. The financial markets are complex. However, they are only an approximation of real markets.
In the real economy all people intervene. All people help create wealth in the world but rarely receive their share. Of course, I do not know how to solve this huge problem. From here I appeal to traders to think about this deal. After all, traders handle money. It is always advisable that the people who manage the money think about sharing.
I try to choose the most benevolent interpretation of “reality”, because I am less interested in the truth and more interested in truth and compassion.
Is that my own vision? Of course. But since we all invent our own version of the world, I would like mine to be a world of compassion. A world where it is better distributed.
As Woody Allen said:
“money doesn’t give happiness, but it provides a similar feeling which requires a very advanced specialist to verify the difference.”
Trading and Traders can help democratize happiness.
Knowledge, Action, Compassion
“You don’t learn to walk by following rules. You learn by doing and falling over.” – Richard Branson, Founder of Virgin Group
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I am a Ph.D, not an accountant or financial advisor. Please consult your tax advisor or financial professional before making any investment or personal finance decisions.