Friday, January 13, 2006

Your destiny is a matter of choice, not chance.



Everyday since we were born, we are faced with choices. No one that I know ever sets out to make wrong choices, but they certainly do happen. Some choices are easy, bacon and eggs or a waffle, Crest or Listermint, vanilla or chocolate, but some choices are a little harder, Ford or Chevy, mini van or a suv, loafers or wing tips, glazed, powdered or jelly filled.

I never hired anyone that I thought, at the time, would not be a good employee, but as time moved forward....I sure fired alot of bad ones.....
Some of us have married, again we never would marry someone if we thought, at the time, it was going to be a bad choice, but there are a lot of war stories out there.

So what does are personal choices in life have to do with trading....you ask? Well, he started out trading with wide eyes and believed he would strike gold. But as time moves forwards he find himself in a very uncomfortable position as account balances move lower and time goes by. He started to realize that if things don't change this could become a serious problem. A second mortgage here, maxed out credit cards there, cash out from an early retirement almost gone, IRA cashed in or even tapped into the college fund for the kids......the things people do in search of the Holy Grail.

Good choices, bad choices is the reality he lives with, he locked into things because "he thought" this was the path paved with gold but it turned out to be just bricks painted yellow. He is now at a point, in time, that is critical and what should he do now in order to turn the ship around before it slams into the rocks as the waves continue to swell.......what indeed?

First, he would have to take a hard and long look at himself in the mirror, laying awake at night wouldn't help overcome the problem now and consider the bad choices he has made. He would have to decide "for himself", that the good choices he thought he had made a while back were really turning out to be bad choices.........and he needs to work on something else.....something new.

Before that day comes, he can feel it with every trade he takes, the hoping and praying that this one will turn the corner. Your pulse is racin' and your temperature starts to rise.
Any every ounce of fear, is showin' in your eyes.
You grab on tight as the coaster starts to roll.
If you think you're in a dream, you're nothin' but a fool!
You're in a nightmare!
Nowhere to run to, in a nightmare.
Nocturnal dispair, in a nightmare.
Where will you run to, in a nightmare?

And all at once your world is filled with light.
And you see reality passing out of sight.
A grand illusion unfolds before your eyes.
You turn to run away, then you realize ...
You're in a nightmare!
Nowhere to run to, in a nightmare.
Nocturnal dispair, in a nightmare.
Where will you run to, in a nightmare?

And through the fog there lies a mystical light.
The catacombs of fear, will be explored tonight.
Shadows of death, fight to take your soul,
Surrounded by darkness, you're in too deep to know ...
You're in a nightmare!
Nowhere to run to, in a nightmare.
Nocturnal dispair, in a nightmare.
Where will you run to, in a nightmare?

Are you ready to learn something new?

5 comments:

Globetrader said...

Dennis, in your list
>Some choices are easy, bacon and eggs or a waffle, Crest or Listermint, vanilla or chocolate, but some choices are a little harder...
you forgot the one most basic for a trader

LONG or Short

Anonymous said...

Just wondering if you or anyone has ever coded the First Bar Trade or the Three Bar Trade? Thanks.

Anonymous said...

Being that you posted this on FRIDAY the 13th I'm not sure if I'm afeared or ascared.

But what the hell. Bring it on Dennis. Learn us sumtin new.

Anonymous said...

I can hear you now!

Anonymous said...

Dennis, I have just literally "stumbled" across your blog today. Man what an eye opener for a newbie FX trader. I want to learn!