Joined Nov 2010
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Status: The bucking bronco and I.
|11,029 Posts
Soundtrack.
I have spent all the morning with Faye.
As I have just said on another thread, I don't get a word of what she is singing... but I love her since 1996.
Joined Nov 2010
|
Status: The bucking bronco and I.
|11,029 Posts
Only the Study (capital letter) can bring retailers out of their misery.
But there is nothing to do.
Why?
In my opinion because, basically, retailers are convinced that Trading is a gamble. And they face it as such.
They have no idea what Scientific Trading means.
They have no idea of the lessons that have been left to us by the Forefathers of Trading: Dow, Livermore, Gann, Wyckoff, Elliott and Schabacker.
All the information was given to us.
If we fail, it is only our fault.
Joined Nov 2010
|
Status: The bucking bronco and I.
|11,029 Posts
People don't understand.
To Sun Tzu, “Knowing Yourself” and “Knowing Your Enemy” was not some sort of abstract Taoist mysticism.
Sun Tzu was a general, not a philosopher.
He wanted to know himself, and his enemy, in concrete terms of direct relevance to planning for victory
in the most effective and efficient manners possible.
Only by rationally assessing reality as it is, not as one wishes for it to be, can a person develop a strategy that has a firm basis.
In this way the end result feels like an extension of natural law.
After all, Sun Tzu counseled to be like water, following the path of least resistance, yet striking with the force of a raging torrent.
This is the result of not so much the plan, as the depth of the knowledge that was obtained in the formation of one.