Don't worry there will be many more opportunities!sometimes you dont get what you give or what you are expecting! ive been looking this chart for few weeks now and i was expecting a nice trade from this, i did what i had to i read the chart understood it, and made a decision to look over the price and the structure that i drew. and after these days of analysis and studying the idea i had for this market didn't do what i expected. that also happens during our course of life, you want to see the things as you wish but they dont go that way. THATS NORMAL! JUST KEEP ON LEARNING FROM EVERY SITUATION, EVERY UPs & DOWNs, DON'T BE FOOLED BY THE CONCEPT OF RESULTs AND WININGs JUST GO WITH THE FLOW. LOVE THE PROCESS. and you'll sure find satisfaction.
LIFE
Humility in trading and lifeWhat's up guys, I am here to share a truth about life and trading (mostly life - it's more helpful)
I was wrong for the first time ever on Tradingview (50% of the time to be fair). Yet, I am still massively up? How can that be? Because I reduce risk and am conscientious of my trades. Being wrong has opened me up to criticism and I more than welcome it. I love criticism as much as praise, even more so. I am not worthy of praise, but I am worthy of criticism as an imperfect being - and so I expect it and anything else would be fundamentally strange.
The title of this article includes humility and indeed that is what I can laud about to you all the most. Someone called me arrogant on here and if I have come across that way, let me deeply apologize. I am not concerned with myself. Indeed, I am far enough along in my spiritual journey that I do not really fear death. I worship life, but I accept that I will die and that the world will go on because there are larger forces at play. Evolution will have more impact on humanity than I, or any human, ever will (Elon Musk is giving it a proper go by making a big leap towards commercial interstellar travel and colonization). Yet, in life, I hope to truly change people's lives and die and leave a legacy that will help all of humanity. It's the yin and yang of my life's philosophy: understanding the degree of infinitesimal value of my life, yet feeling a deep need to change the live's of others around me. You will find understanding reality has a lot to do with being able to be in a superposition yet not implode.
All pain and suffering and joy and pleasure will end. I will be interred into the space we know as nature and truly become one with it. On top of this, the universe is always losing energy - our understanding of physics tells us - and so our demise as a species is as certain as human understanding can make it.
With this knowledge, I can promise to you I am not arrogant. I would have to deny reality to be arrogant. I accept the reality I live in. If I have come across as arrogant, it is the nature of the teacher's role. I have teachers in my life, but for most of you, I am your teacher. You come to me for my authority and I share with you my knowledge. I only do this to help people. I do not do this to show off or fall in love with myself.
To tie this all into trading, I have one simple phrase: your PERCEPTION of reality is NOT reality. The markets are independent of your desires and wills. It is chaotic and unpredictable from our vantage point. Do not feel you have to be right, you do not. Nature is not cruel, it is indifferent. It is indifference that is most terrifying to the masses of humans. Be willing to be humble. Be willing to be wrong. Be willing to learn. These are my lessons for trading and life in general.
If I've been helpful, please like my work and follow me, it will help us both. (read my work if you do not understand WHY it helps you - I've spelled out my goals before)
-YoungShkreli
ps. I really (I say really because we were alone together for the first time) met someone today who is my clear mental superior and yet even I (little ol' me) could see profound gaps in his knowledge. This is why the exchange of ideas is important. We are all but small cogs in a VERY large system. To understand it all, we must confer and make use of the expertise of others. Dedicate yourself to finding the truth and learn. Find joy in the knowledge of others.