Interesting analogy...
A master surfer chooses the time of day and the kind of tide to surf that best fits his style and skills.
A master surfer does not try to surf all day long — he patiently waits and surfs when he knows the conditions are right, then commits all his attention and skill.
A master surfer, upon catching a wave, will closely monitor whether in fact it’s as “good” as he initially had thought – he does not commit all his attention and energy until he is certain – and if it’s not the right wave, he pulls out and knowingly waits for the kind of wave with which he is more familiar – one that will break predictably and give him the ride he’s looking for.
The master surfer looks for a challenging, elegant, satisfying ride — not a reckless thrill. He’s already been through that developmental stage.
A master surfer can recognize a rogue wave for what it is – a wave that could wipe him out. He avoids it. There are always waves coming in to shore 24/7.
A master surfer does not feel as though he must attend to each and every one. When the currents are obviously strong and unpredictable, a master surfer knows to sit on the beach and watch, and learn.
A master surfer knows and understands the cycles of the tides.
A master surfer does not surf when tired or injured.
A master surfer rarely tries to ride a wave all the way in to the beach. Rather, having had a successful ride, he exits the wave when he experiences the momentum waning and returns to a place in the sea where he can patiently wait for the next good wave.
A master surfer is objective, unemotional, humble, respectful, fully-engaged, grateful for his gifts and trusting of the skill-set he has amassed over the years.
A master surfer watches and learns from the successes and mistakes of other surfers.
A master surfer knows he always must listen and learn from the ocean, which is constantly changing.
A master surfer can sense the shifting currents beneath the seas, based on his knowledge of weather, moon cycles, reefs, and seasons.
A master surfer gets as much satisfaction (and sometimes more) sitting on the beach, watching from a distance as perfect waves form and break, as he does actually surfing the waves – through active observation, he stores up further information so that his discretionary powers are all the more astute and his technique all the more refined.
A master surfer does not venture into unfamiliar rough and choppy water expecting to find a predictable wave to ride.
A master surfer always takes time to stand on the beach and study the mood of the ocean before jumping in and paddling past the breakers to catch his first wave of the day – he never impulsively jumps right in to catch the first wave.
A master surfer chooses the time of day and the kind of tide to surf that best fits his style and skills.
A master surfer does not try to surf all day long — he patiently waits and surfs when he knows the conditions are right, then commits all his attention and skill.
A master surfer, upon catching a wave, will closely monitor whether in fact it’s as “good” as he initially had thought – he does not commit all his attention and energy until he is certain – and if it’s not the right wave, he pulls out and knowingly waits for the kind of wave with which he is more familiar – one that will break predictably and give him the ride he’s looking for.
The master surfer looks for a challenging, elegant, satisfying ride — not a reckless thrill. He’s already been through that developmental stage.
A master surfer can recognize a rogue wave for what it is – a wave that could wipe him out. He avoids it. There are always waves coming in to shore 24/7.
A master surfer does not feel as though he must attend to each and every one. When the currents are obviously strong and unpredictable, a master surfer knows to sit on the beach and watch, and learn.
A master surfer knows and understands the cycles of the tides.
A master surfer does not surf when tired or injured.
A master surfer rarely tries to ride a wave all the way in to the beach. Rather, having had a successful ride, he exits the wave when he experiences the momentum waning and returns to a place in the sea where he can patiently wait for the next good wave.
A master surfer is objective, unemotional, humble, respectful, fully-engaged, grateful for his gifts and trusting of the skill-set he has amassed over the years.
A master surfer watches and learns from the successes and mistakes of other surfers.
A master surfer knows he always must listen and learn from the ocean, which is constantly changing.
A master surfer can sense the shifting currents beneath the seas, based on his knowledge of weather, moon cycles, reefs, and seasons.
A master surfer gets as much satisfaction (and sometimes more) sitting on the beach, watching from a distance as perfect waves form and break, as he does actually surfing the waves – through active observation, he stores up further information so that his discretionary powers are all the more astute and his technique all the more refined.
A master surfer does not venture into unfamiliar rough and choppy water expecting to find a predictable wave to ride.
A master surfer always takes time to stand on the beach and study the mood of the ocean before jumping in and paddling past the breakers to catch his first wave of the day – he never impulsively jumps right in to catch the first wave.
Ironically....Remember, it is impossible to be a trader and be happy: (A) Wrong side of the trade? Wish you weren't in it at all, (B) Right side of the trade? Wish you had a larger position, (C) Right side of the trade and had all your cash in that position? Wish you had a bigger account. Of course, (B) and (C) are always welcomed!
It's all psychology...the markets test your head more than anything else. They paint very enticing circumstances to set the trap for some while, at the same time, they are pushing those on the other side of the trade to their pain point. They can also push to maximum confusion points for both bulls and bears alike (ie, I can see it going either way...swell). This is all to test your head...the market will uncover the psychologically weak everytime.
Plan your trade and trade your plan.
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