Surfng = Trading

I love analogies and this is one of the best I have found as it relates to trading:

I don’t know how many other traders out there have tried or are regular surfers, but I would highly recommend it if purely as a trading excersize. Allow me to elaborate.

I’m not sure of the best way to present this, so I’ll just list out the analogies that came to mind out on the water today.

1. Trying to surf (trade) against the direction of the waves (trend) is extremely tiring, and basically not possible. You will save yourself lots of energy (money) and have a lot more fun if you ride the waves rather than trying to fight them.
2. You can’t catch every wave (trend). You have to get yourself into position and wait for the right wave to come along. Sometimes this means sitting out in the water all day.
3. Sometimes you fall (get stopped out) off a great wave (trade). That’s just the way it is. You have to get back on your board, paddle back out, and wait for the next wave (trade) to come along.
4. You have to know when to stop riding the waves (trends) to avoid being hurt (giving back profit). You should know where this point is before you catch the wave.
5. Stay of the chop or you will become very tired very quickly.

I’m sure there are many many more, but you get the idea. By the end of the day, you will physically feel what it means to trade with the trend.

nice analogy!

There are lots of analogies:

1. forex is like a battlefield between bulls and bears
2. business
3. moving car (mine heeh)
4. relationships/sex
5. etc. etc.


ps #4 is made up

I find myself thinking of analogies about the market often as well. I'm not sure you have to wait for the next wave if you miss it though. If a trend lasts for months you could always get towed in on a jetski to catch it again.