Bull or bear does it matter (George Hunt)
Bull or bear does it matter
Posted by George Hunt
Long ago I quit trying to stay on one side or the other of any given market. I just want to be on the right side. Period. There is no politically correct position. There is only being on the side which increases the equity in my account. I personally know first hand what happens to your equity when you dig your heels in and stay on the wrong side of a market. It can be disasterous and quickly put you out of the trading business. The pro trader who we all would like to emulate trys to stay with the market and not fight it. Only newbies who do not no better, ego controlled traders and amateurs fight a move in the market. The market could care less what you think, it is going where its going with or without you. When a trader begins to accept this fact of trading life, that trader is on their way to becoming successful. It also changes the consistant losses into consistant wins. At this point in my own personal trading life, I am surprised when I lose and enter trades with the full expectation of winning. The reason for this is simple. I go with the flow and quickly change my position depending on what the market is telling me. WHEN YOU CAN FEEL THE HEART BEAT OF THE MARKET AND READ ITS SOUL YOU HAVE ARRIVED. IT REALLY IS A HEADY EXPERIENCE. Find the flow and ride it.