Growing up in NE Alabama, the nearest beach was more than 200 miles away – and that beach was on the Gulf of Mexico – not well known as a surfing destination.
But those Hollywood movies showing the beefy guys surfing and the gorgeous girls drooling over them on the beach made me want to be a surfer. I envisioned the thrill of riding the tunnel for those few moments of exhilaration – it must have been fantastic.
Well, alas, I never got to be a golden tanned surfer the gals wanted to chase. But I did wind up being a short term securities trader. Perhaps that is a small consolation prize, but there are some similarities between surfing and short term trading.
First of all, both are seeking a wave to ride.
And the sooner a potential wave is recognized, the more likely we will be able to get on at the right time.
Our rides are usually pretty sort in time – even when ridden the full course of the wave.
And one needs to know when they are on a bad wave and get off as soon as possible.
It takes a lot of work to get to the right place at the right time, so we have to act decisively when opportunity presents itself.
There are only so many waves available in any time span so we must avoid wasting time and effort on waves that have poor potential to give us a good ride.
Finally, while riding a wave we must be alert for unexpected dangers that could disrupt our ride – and possible do us considerable harm.
The surfer watches the waves of the ocean knowing that not all waves are equal, but with intelligence and patience a potential winning wave will come along.
The trader watches the waves of price oscillations in the market in exactly the same manner and for exactly the same reason.
So with Patience and Intelligence a surfer will wait while preparing to act Quickly because they Understand that the right wave will Eventually come along.
So does the short term trader – does that P-I-Q-U-E your interest?
If so, maybe short term trading is for you?
Happy Thanksgiving everyone!
Exchange rates table is provided by DailyForex.com - Forex Reviews and News
Live currency cross rates is provided by DailyForex.com - Forex Reviews and News
Live indices widget is provided by DailyForex.com - Forex Reviews and News
Live commodities widget is provided by DailyForex.com - Forex Reviews and News
Author & Trader
Great system – couldn’t trade without it !!Frank YDavid, Panama
the SRV’s are spot on !!Tom CUSA
….very impressed with the whole philosophy – both personal and trading, expressed in the book. I will read and revert !!Richard DUSA
Thanks for the method !! Very solid, very logical entry and exit and genius SRV’s !!Denis DRussia
I trade the US Bond Markets exclusively – amazed at the accuracy of the SRV’s !!George SNew York, NY
“The SRV’s are amazingly accurate”.Tony Texas
- May 2017 (1)
- January 2017 (1)
- December 2016 (3)
- September 2016 (2)
- August 2016 (2)
- July 2016 (2)
- June 2016 (5)
- May 2016 (1)
- April 2016 (2)
- March 2016 (1)
- February 2016 (3)
- January 2016 (3)
- December 2015 (1)
- November 2015 (3)
- October 2015 (5)
- September 2015 (5)
- August 2015 (2)
- July 2015 (5)
- May 2015 (1)
- April 2015 (1)
- March 2015 (1)
- January 2015 (1)
- November 2014 (1)
- October 2014 (1)
- August 2014 (1)
- July 2014 (6)
- June 2014 (3)
- May 2014 (5)
- April 2014 (2)
- March 2014 (2)
- February 2014 (2)
- January 2014 (10)
- December 2013 (11)
- November 2013 (20)
- October 2013 (13)
- September 2013 (14)
- August 2013 (10)
- July 2013 (26)
- June 2013 (16)