actio-et-reactio: for every action there is a reaction. In the background is a sketch by Leonardo da Vinci-teeter-totter- a symbol of how tenuous is the balance between extremes

actio-et-reactio

Balance is but a brief transition between extremes.

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Wednesday, July 06, 2005

Taking Your Trading to the Next Level

"When your divine consciousness gives you the green light do not waiver, do not hesitate and do not turn away in fear. Take the first step to the next level with conviction, love, determination and joy. For the experience you are about to have is what conscious life is all about. Never turn back and always take each step in a positive direction. You have nothing to lose and everything to gain by pushing yourself to grow, mature and prosper. The beautiful part about trading for yourself is the tremendous trust that is required."

A friend and fellow trader sent me a link to Market Monk, who since 21 Mar 2005 has chronicled his PMTC:Present Moment Trading Campaign (link no longer available), his personal plan to take his own trading to "the next level". 79 days later, on 20July 2005, he is taking his next step, a small group of five forming a private money hedge fund. That step itself is at a new first level, a recognition that personal evolution doesn't end, it stairsteps into new territory.

Throughout his commentary are exhortations to readers to be prepared, take personal repsonsibility, and dive whole heartedly into the present moment. Being a trader, there are also charts, links, and musings both financial and philosophical, as well as summaries of his daily trading results. His personal background is ordinary enough to suggest that anyone with goals, emotions, and tools well honed can embark on their own PMTC. This is a teacher after my own heart! One who shows the way by his own actions.

Anyone who has helped others, or been successful in their endeavors recognizes that the hand that feeds will at some point be bit. His trading results touched a nerve among disbelieving readers whose whinging emails prompted this comment
The need for proof is becoming loud. If you need proof right now you are not going to get it. I have not finished the race. I owe you nothing. Stop asking me for favors. If you do not believe my results, then please do not ever read this blog again. Go back to your own belief system. I am not asking you to change. Stay just the way you are, that is the safe thing to do. DO NOT READ THIS BLOG ANYMORE. No more emails. Leave me alone. I am not asking you to do anything for me. Stop asking me to do something for you.
I include this to emphasize one point: the first step towards taking your trading to the next level, what ever level that may be, is to take total, complete, unqualified responsibility for yourself. Knowing every detail of someone elses bank account, business plan, or trading system will do you not one iota of good if you do not make your own bank, your own plan, your own system. If you use an existing method, make it yours by taking responsibility for your use of it. Until you can do that, your goals are but daydreams, an empty living of someone elses life, not your own.

Find that person yearning within you whose expression cannot be stopped, and give it the best you have, now.

(note: I've edited the dead links out)

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posted by Ana Maria @ 9:15 PM :: permalink




moon phases
 

At last, over the rim
of the waiting earth
the moon lifted with
slow majesty
till it swung clear of the horizon and rode off,
free of moorings
- Kenneth Grahame,
The Wind in the Willows

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