Getting a Front Row Seat

Sydney, Australia, is fantastic. I feel like I'm on the front row of the edge of the planet.

Speaking of being on the front row, here's a comment I received for a trader-friend-student who has had some recent breakthroughs and very consistent and profitable trading:

The main thing that I do every day as a trader is : Show Up. Literally. Most of the people I have showed this strategy to follow it for a couple of days, weeks, maybe a month, but if it doesn't give them non-stop, perfect set up trading action, they leave it by the wayside. Sort of like serial monogamy.... if you don't at some point just find someone who is basically a good person and commit to the whole ride, you'll end up with a string of 1-2 year relationships that feel good initially but never really give you the depth, the wisdom, the satisfaction, of really having worked for something and gotten to know it on a deep level. There may be no great setups for two weeks straight, but if I just make sure that I show up every day, I know I will have a front row seat when something fabulous does appear, and I know that I will know exactly what to do.

Are you on the front row? Are you willing to let a week (or more) go by without a trade?

Posted by Rob on May 29, 2007 08:24 AM | Permalink

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