The bird is doing what colonel Boyd was doing "(1) To alter your mental attitude, and (2) To direct your thoughts into those channels which lead to success, achievement, health, happiness and perfect good; (3) The arousing of the inward POWER, and (4) The overcoming of bad habits; (5) The building up of character, and (6) The discovery and development of the creative faculty." I say #6.
I see a bird perched high atop a topped out tree.. Itâs observing all around and calling out to possibly locate a companion or mate.. It hears a dog bark and a person speak below â and becomes alarmed (a heightened state of awareness) to possible danger â but takes no flight (action) at this time as its threshold of danger has not been breached Now, and already in a heightened state of awareness, it hears a louder more threatening noise - possibly a car or plane (I say maybe a plane as it is looking up, but it could also be looking up and ensuring itâs escape route is clear) Finally, and once its threshold of danger (pain) has been breached â it escapes the perceived impending danger post haste by flying away RN
Rule 1 - In a losing game such as trading, we shall start against the majority and assume we are wrong until proven correct! (We do not assume we are correct until proven wrong.) Positions established must be reduced and removed until or unless the market proves the position correct! (We allow the market to verify correct positions.) by: Phantom of the pits http://www.trading-naked.com/library/Phantom_of_the _Pits.pdf
See #4 sir: Let us first consider the qualities essential to the equipment of the speculator. We name them: Self-reliance, judgment, courage, prudence, pliability. 1. Self-Reliance. A man must think for him-self, must follow his own convictions. George MacDonald says: "A man cannot have another man's ideas any more than he can another man's soul or another man's body." Self-trust is the foundation of successful effort. 2. Judgment. That equipoise, that nice adjustment of the faculties one to the other, which is called good judgment, is an essential to the speculator. 3. courage. That is, confidence to act on the decisions of the mind. In speculation there is value in Mirabeau's dictum: "Be bold, still be bold; always be bold." 4. Prudence. The power of measuring the danger, together with a certain alertness and watchfulness, is very important. There should be a balance of these two, Prudence and courage; Prudence in contemplation, courage in execution. Lord Bacon says: "In meditation all dangers should be seen; in execution one, unless very formidable." Connected with these qualities, properly an outgrowth of them, is a third, viz: promptness. The mind convinced, the act should follow. In the words of Macbeth; "Henceforth the very firstlings of my heart shall be the firstlings of my hand." Think, act, promptly. 5. Pliability the ability to change an opinion, the power of revision. "He who observes," says Emerson, "and observes again, is always formidable." The qualifications named are necessary to the makeup of a speculator, but they must be in well balanced combination. A deficiency or an overplus of one quality will destroy the effectiveness of all. The possession of such faculties, in a proper adjustment is, of course, uncommon. In speculation, as in life, few succeed, many fail. Each department of life has its language, expressive if not elegant, and in dealing with the subject we must perforce adopt the language of the Street. The laws given will be found to apply to speculation of any kind. They are universal laws; but for the sake of clearness we assume the case of speculation as conducted in one of our exchanges, where they can be best demonstrated. http://www.stockvision.org/books/Dickson_G_Watts-Speculation_as_a_Fine_Art-EN.pdf
The bird was singing happily at first until it heard an approaching noise and probably also saw the object making it, such as a bus, and flew away
Nice thread. I am a noob joining in and sitting in the back row with a question. How can a trader ever be in C.O.N.T.R.O.L if he believes trading is gambling? As it has been said here, should not a trader always be in C.O.N.T.R.O.L. That would mean he should be in complete C.O.N.T.R.O.L. of his "win" until the position is closed and complete C.O.N.T.R.O.L. of his "loss" until the position is closed. I say "loss" because I would imagine that to some it is a bad thing and to others it is pennies to pay for doing business and not being able absolutely predict the next few price points and beyond. Once motions are in place a gambler is not in C.O.N.T.R.O.L. of his win or loss outcome? (yes he is in control of the amount placed on the table but only to that point) If the trader is a gambler then he is never in C.O.N.T.R.O.L. of his win or his loss??? Please help me understand. I hate gambling by the way because I am not in control. I have learned a lot from this thread thanks.
A Little Green Doji- followed by another Little Green Doji- followed by another Little Green Doji- followed by another Little Green Doji- - And again! Jesus, George, Jupiter and Jiminy Cricket! When is this constipated, overbought POS going to take a healthy dump?! How does ANYONE, "obvious" or no, make "THE BIG MONEY" in such an environment? (serious question)