STOCK TRADING WITH DR SEUSS

 

Any obvious truth in life requires our recognition of that truth.  The recognition of such truth often takes time and a willingness to listen.  Much like young children who refuse to listen to their parents and then find out how right their parents were when they become parents themselves.  Learning how to trade successfully is no exception.  The truth about trading successfully is right there in front of us and has been all along, we just refuse to listen.  I can teach traders my methodology which is grounding in focus, discipline, and patience until I am blue in the face but until they experience it and accept it as truth there will be nothing but pain and loss.  My refusal to listen cost me many a losing battle in my early trading career.  Is it any wonder, then, that I preach so much about focus, discipline, and patience? I am an adult now. I listen to the truth and choose to be guided by it every day.  The market is a great teacher we just choose to stand with our nose in the corner. 

One of my favorite Dr Seuss books is Oh, the Places You’ll Go!  I recommend it to everyone, young and old alike.  In fact, I really believe Dr Seuss wrote this one for the adults.  In one section of the book, Dr Seuss writes the following about a certain confusing road that we will all encounter from time to time:

You can get so confused
that you’ll start in to race
down long wiggled roads at a break-necking pace
and grind on for miles cross weirdish wild space,
headed, I fear, toward a most useless place.
The Waiting Place…
for people just waiting.
Waiting for a train to go
or a bus to come, or a plane to go
or the mail to come, or the rain to go
or the phone to ring, or the snow to snow
or the waiting around for a Yes or No
or waiting for their hair to grow.
Everyone is just waiting.
Waiting for the fish to bite
or waiting for the wind to fly a kite
or waiting around for Friday night
or waiting, perhaps, for their Uncle Jake
or a pot to boil, or a Better Break
or a string of pearls, or a pair of pants
or a wig with curls, or Another Chance.
Everyone is just waiting.
NO!
That’s not for you!

 

And what are we waiting for?  For many of us we are waiting for some indicator to show us the way; or some guru to give us the answer; or one of our many losing trades to turn around and make us whole; or that one trade that will make us a fortune; or for the Market to give us another chance; or for that lucky break!  We wait and wait and wait while all along the answer to our waiting for this or that is found in listening to what is going on right now! 

On and on you will hike,
And I know you’ll hike far
and face up to your problems
whatever they are.
You’ll get mixed up, of course,
as you already know.
You’ll get mixed up
with many strange birds as you go.
So be sure when you step.
Step with care and great tact
and remember that Life’s
a Great Balancing Act.
Just never forget to be dexterous and deft.
And never mix up your right foot with your left.
And will you succeed?
Yes! You will, indeed!
(98 and 3/4 percent guaranteed.)

I have good news for the waiters in waiting.  You do not have to wait any longer.  What you are waiting for has been there all along. The answer is found within as you live a well balanced, well rounded, enjoyable life in the present, instead of thinking the well balanced, well rounded life is just around the next corner.  Live your life now, enjoy every loss and every gain; enjoy every lesson; enjoy the focus, the patience, the discipline; enjoy being out of the market until it is time to re-enter; enjoy being in the market until it is time to exit; enjoy the market up today and the market down tomorrow; enjoy all the non-sense and the short-term memory loss that is the Market.  Enjoy it all!  What are you waiting for?

 

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