Thread: Reflections for trading

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In relation to the previous article: 12 things I learned about life operating millions of dollars [https://jamesaltucher.quora.com] (https://jamesaltucher.quora.com

* "Only those who risk go too far can discover how far they can go."* - T.S.Eliot but when is it too much?When the Joker is in the deck ... do not fear and play well.

If you learned that you cannot predict the future ... that means that you first believed it was possible.Interesting, right?

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99% of the forum is dedicated to people trying to predict the future.My opinion is that trading should be boring, repetitive, a routine.I am completely tired of trying to unleash the "Gordian knot."

But isn't it true that "belief" motivates us to act?I cannot predict the future, but I still think I will be alive tomorrow and therefore, I can take an operation in which I "believe."Is every operation you take a belief or a prediction?Or ... are you just following a system based on the best available information?When the Joker is in the deck ... do not fear and play well.

Trading is boring if you do well.If you are excited, you are probably taking too many risks or betting instead of following a system.

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An entrance to the market is based on what the price tells you at that time.If you think you are predicting the future, better replace your approach.