Friday, October 31, 2008

More Trading Analogies

1. Trading is like fishing: You sit, watch, wait, then strike. For six years I thought of it this way. Today, I realized ... I am the fish.

2. Trading is like driving a car with the windshield covered up. You must anticipate the road ahead by looking only in the rear-view mirrors. Sometimes, just to keep the ride interesting, the steering wheel breaks. And the accelerator gets stuck.

3. Trading is like tossing a three sided coin. Up, down, flat: take your pick.

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