Sunday, January 20, 2013

The Signal is the Signal.

Trading signals to enter or exit a market is the signal.

What is this compulsion you have to 'frontrun' a signal?

Now what you're doing is thinking -- Hey, I'm so smart, I can anticipate the market than others so I will enter 'early' and get an even better price.

So this is your ego.  Your false belief that you are somehow smarter than the market.

And then when the signal never comes, you are so angry at yourself, full of frustration.  Why DIDN'T YOU WAIT FOR THE ACTUAL SIGNAL, YOU IDIOT? 

And you promise yourself you won't do that ever again.

And then you do it the next day.

And when I say 'you', I mean 'I'. 

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