This article may seem philosophical as I was listening to an interview with a successful trader recently and the topic was about trading the markets.
Naturally, the first question was how did he get so successful trading the markets?
In light humor fashion, he cheekily responded the question with a question, “Do you think it is because I am a financial guru that thoroughly understands the market inside out? What factors affects and influence at the macro and micro perspective?”
“Well, if you are expecting such a typical textbook answer, I must be is BS-ing you!”
He went on to explain that the only predictable thing about the market is that it is unpredictable. What is important is to focus on your interaction to this unpredictable animal, i.e. how do you perceive and react to the markets. Everything in this world is relative to the most important …