Wednesday, March 02, 2016

Trading Meditation: Be The Wolf, Not A Sheep


If every trader is doing the same thing, how does anybody make money?

Trading is a zero sum game. Somebody wins, somebody loses. And the split is not 50/50.

It is more like 10/90. For those who are making significant percentage gains, it's more like 5/95.

To the few victors goes most of the spoils.

You do not want to be the "ninety-five".

You want to be the "five".

Do not follow the crowd. That's where fear and greed reign supreme. That's where the sheep graze. It's where panic and euphoria take control.

The crowd is the 95 that lose.

Think differently. Always ask yourself what everybody else is doing. Then figure out how to game the group.

Be the wolf, not the sheep.

Subscribe to The Market Speculator by Email and never miss a post!

Watch me on YouTube 

If you would like to learn more about how I trade, receive my nightly focus list with market analysis, setups and trade alerts, sign up for a 14 day free trial at BullsonWallStreet.com.


No comments: