Monday, October 25, 2010

The Daily Note - Wind of Change

There are days when I feel that setups are difficult; when I question direction and when I wonder how far is far enough, how high is high enough.

Today is one of those Mondays when I'm not too eager to sink my teeth into much, perhaps overly cautious, and I look at it perhaps with a different filter; the filter of reality, I hope. I follow my inner guidance while trading and I will again today. It does not mean I will step aside only that I may be more in harmony with both.

There is another cause for my lack of enthusiasm related only in timing; because I am reminded that it is when least expected that the biggest turn of events happen. My life changed forever at a young age at one of those events and the anniversary thereof was just this past weekend. It was not to be my last experience of great change, but it is to this day the most profound. One that changed not only my environment but shaped my view of the world.

I was not alone in that experience, as it happened to thousands of us; 250 thousand to be more exact but each of us experienced it differently of that I'm sure. It's much like in trading each one of us experience the markets differently from day to day, hour by hour, minute by minute; what may be a buy for you may be my sell to you, yet we all expect certain outcomes largely based upon our calculated approach and action.

I was certain that the end result of my experience those years ago would last my lifetime until recent times and events made me realize that the events of that long ago are encroaching on a new land and may repeat history on a people far less suspecting. Just as in trading, market direction may be too grim or too enthusiastic, yet many new to the game may not heed its warning and having no experience may come to realize early, some later and some too late that the winds of change have yet again brought us to a day of reckoning.

Happy Trading, Living and Dancing

The Daily Pick - None
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