Our lives, or rather, the whole cosmos around us is an "UNPREDICTABLE", inherently complex, self-evolving, fractal ecosystem; functioning on complex correlations & interactions between its different components.
(1/4)
Beginning to philosophize around this (a.k.a meta-physics) & gradually rising up to the level of "true acceptance of uncertainty" brings in a feeling of deep calm & is really liberating as it starts to free us from our habit of trying to "control" stuff.
(2/4)
This perspective is absolutely different from the common nihilistic, mis-guided cults, that basically say - "I don't give a shit, cz its all random & meaningless".
In fact, the perspective I am referring to, is the exact opposite of that.
(3/4)
Here, you rid yourself of this burden of always CONTROLLING & PREDICTING things (or atleast "try" to) & instead, use this freed up energy in living your life from moment to moment, with far greater freedom to act & awareness of how to best interact with the current moment.
The problem of "INVERTED EXPECTATIONS" - The #1 reason for failure as a trader.
(A THREAD)
This is a very common problem that I've seen with a lot of (wanna-be) traders.
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Most people enter the financial markets with absolutely wrong expectations, mostly misinformed & misguided by some market "guru" (there are tons of 'em !!).
As a result, the poor guy starts off calculating..
(2/10)
-- "How much is my monthly requirement? "
-- "How much money do I need to make this much from the markets? "
-- "RandomGuru sir says its possible in (BLAH) rupees. I already have 2x(BLAH) in my savings bank."
-- "WOW! I am going to be SOOOO rich !!!! I am so excited! "
Anyone looking to build a career trading the markets should work to inculcate the ability to enter, at will, into a state of "ZERO MENTAL CHATTER".
Only then will you be able to open yourself up & learn directly from the greatest mentor in the field -- "THE MARKET" itself.
The first step to building this ability is to realize that we do indeed live a life of constant background mental buzz & cross-talk that keeps us from actually being fully present with what is happening in the current moment.
Just observe carefully and you'll see for yourself.
If you're looking for a more practical realization, just google "raisin mindfulness" & you should see tons of articles on the experiment.
Follow the simple steps & you ll see how hard is it to calm down your urges, wants & the constant backdrop of mental voices.
The trader starts from a relatively humble background (Before starting to dominate the planet, the humans we just a bunch of weak, frail & insecure apes).
The markets (randomly) turn to a regime that massively favors the trader's trading system (The "Holocene")
The trader obviously gets spectacular success & is gulled into believing that he is some sort of "THE CHOSEN ONE" who cracked open the markets and turned them into an ATM machine for himself (The agricultural revolution and onset of mythical philosophies started putting us,