Financial market is a bully. Do not give in to it.
- by Anna K.
Have you ever met a person like that – they make you do what you are fearing, they are unpredictable and they are never to be fully trusted. These are, among other things, are the definitions of a bully. And yes, we have all met a bully at least once in our lifetime. Quite often they are met in school.
And if you have come across a bully, then you know that the best thing to do to deal with them, is not to give in to them. One must never give in to the bullying and must deal with them by getting stronger and wiser every day.
Well, I have some news for you here – financial market is a bully. Yes. Didn’t you see the definitions I gave earlier? It makes us do thing that we are not sure of, it makes us buy when we have a creeping feeling that we need to sell, it is rather unpredictable and it is never to be fully trusted – there are the negative definition of the financial market.
But after all is said and done, we are still staying with trading. We are still inside the market and we are still dealing with out bully at least once every day, five days a week. Why? Well, maybe because financial market IS the thing that makes us stronger and wiser after all.
Before we come into the market and before we are taken with trading, there are certain things that we do not know. We do not know how to read the chart; we do not know where we can get decent trading signals. We do not know any of the trading patterns and we do not know how fun and engaging financial markets and economics can be. But right after we start trading and after we become regular in the markets, we can never imagine our lives without the need to acquire all of the information.
Plus, there are still ways that we might implement to deal with the markets. And every day we have the opportunity to discover them. That is what makes trading exciting – not knowing what you are going to come across today and the day after that.
Have you ever found your bully interesting? Well, this one is.
The trick here is not only not to give in and not focus on all of the difficulties connected with trading but in learning and developing as it might seem to be getting progressively harder to trade and to go on.
But here I must say that it only seems that it is never going to be easier. On the contrary. The further you go, the better it is going to be. The more knowledge you acquire and the more experienced you become. I am not saying that at one point you are going to find yourself lacking a challenge, no. But at some point you are going to realize that all you fear and all of the difficulties have gone away or shrank. And that is going to be the best feeling in the world.
All you have to do is wait. Wait and never give in to the bullying of the financial market.