Buddha, a mirror and an orange, objectivity in the marketplace.
For R & R Investments Forex This is the second installment of philosophical articles applied to the currency market, the first of these deal with that every time the market is unique, and equally so that this article first seeks to arouse the reader's mind open to new ideas and to thereby improve its operation within the market. This time depart from one of the many teachings that Buddha left us, which will seek a more precise understanding about the objectivity in the market, this effect only give some information on this great figure of great importance for humanity, and this thus better understand the way to go and the destination to which we intend to reach. Buddha was born between the years 563 and 560 AD in what is present-day Nepal, a descendant of a long line of warriors and monarchs was raised in a family of importance to your time so you can say that from birth were expected big things, which was confirmed by a Brahman (witch or visionary) of highest rank, which predicted that the child would be the largest of all the Buddhas of all time (in Brahmin culture since acknowledged the existence of other Buddhas). Thus Buddha grew up in the limits of his palace to live a full life and full of comforts and luxuries until one day he decided to walk around the nearby regions to experience life outside the palace, the trip made him see issues with which had no contact to date sickness, old age and death, so that knowing these stages of life was deeply marked by what they decided to leave the palace, wife and son, and seek the "truth" itself, many things happened during his journey in search of answers he had long coveted, until at last it came time frame as Buddha and called his awakening, the awakening is precisely what we use to philosophy and apply its teachings to awaken divisas.El market Buddha does not provide an absolute truth but a way to Nirvana, this awakening gave fully understand the reason and the reason for the suffering that exists in every one of us and to understand was able to get rid of them since in a more straightforward and simple (from the point of view devoid of "religion") can say in one word: Objectivity, but to make it even more understandable see a practical example: Each of us can imagine we see an orange, but do not see directly, but observe it through a mirror if the mirror is smooth, clear and well placed in front of the orange we see the orange total certainty, ie the image would "correct" the orange, and so could appreciate the right way the color is, its size and all its features without fear of error and thus be able to say that what we see (through the mirror) is a naranja.Pero when we see the orange through a stained glass or a broken mirror, or perhaps you have curves or are misplaced, what we see through it may seem or an orange or a grapefruit or other fruit or to anyone else except the fruit and thus make a mistake let us appreciate what we have before us, and we see through our mirror. For Buddha the mind is like a mirror and "me" used the mirror to observe and understand reality, which can cause problems because if your mirror is "spoiled" or "misguided" we can provide a misperception of reality that has nothing to do with what is really happening in the world and what will happen with this is that by not being in "tune" our perception to the outside world can fall into distress, fear or frustration. So here we see so convenient that if we put two people from two different mirrors to each other through it and have to watch an orange, an object, a situation or person, each person can see things different on the "vision" that have opposite if this resulted from differences between the mirrors, but the essence of this is that no matter what people have seen the orange (or anything else) it does not stop be an orange, do not fail to have their special characteristics although some people say just the opposite as a result of a "misperception." But one thing is undeniable and the courteous reader will agree with a server, and each and every one of us have our "personal mirror," and by that I mean the way we see and perceive the world in which we live, where we breathe, in which we work, where we buy and sell currencies. This mirror is necessary for us to interpret our situations and experience and all our mirror is opaque, shining, stained, dirty and clean with each new experience in which we crossed over our lives. This mirror is present as I said in all aspects of our lives including the foreign exchange market. But as we learn or apply what we have now read the forex market? Anyone who has operated in the market has been exposed to similar situations, either from a demo account or real money. Especially at the beginning of operating the booms or betrayals by the market can take us from elation to frustration and thereby shaping our personal mirror to go on the market and the way in which it develops. Put more directly, when the market is on our side giving us money with the ease of a click is perceived as a gold mine that we consider the greatest discovery of our lives, however, when the market is not lies entirely on our side and shows operations Losing is nothing more than place full of betrayal and frustration to "do this to us" and change our personal mirror is dirty, it becomes clear or opaque, and thus is how we lose objectivity in the marketplace. Additional the previous example we can imagine another practical example: Say you open a buyer position in 1.30 in the EUR / USD with a high degree of leverage, with the action we are telling the market (we're telling ourselves) we expect (maybe even crave) the euro to strengthen against the dollar, otherwise we would have opened a short operation. But what happens next? The market is moving some points against our position, we are calm even as the movement has gone too far and "we can allow" the market to do so, after the market has not stopped going against us for those times when the losses are reflected in our platform and unbearable (both financially and psychologically) so we took the decision to close our operations and thereby accept the losses and a decreased our balance sheet. However, once this is done, the market starts to regain lost road and heads to our old point of entry and beyond what only that but we are heading right to the north of our graph giving us the full reason in our expectations, but here's the problem, we are no longer in the market, not only that, we're out of it and it feels like a loss even more unbearable after observing the movement, and if that Add in the fact that even when we note that our expectations were met we did not enter the market are entirely filled with frustration. Frustration feel disappointed for ourselves, but especially with the market being so unpredictable, so little understood at times, for being so volatile and treacherous with us, play us that way. All this shapes our mirror staff, in the sense that it will see the market as a risky business, our mirror will lose objectivity, in fact, even when the operation would have been winning our mirror can cause personal suffering and make us think changes issues market are lack of objectivity, as it can be considered a "gold mine" or to make money in this reach of the slightest effort by clicking on our trading platform. All this makes our personal mirror is curved, is blurred, opaque, dark, we do have a narrow view, we do have a bad perception of reality that happens and one feels in a price chart. Every aspect with which we deal in the market (leverage, timeline, decision making and lost earnings, etc.. Etc.) Is an issue that may affect our objectivity, and so end the days of operation without knowing what to believe or to think by the market and totally confused. For example, if we operate with a high degree of leverage that small movements will impact much on our own, then we could consider that the market is very volatile when in fact our exposure to this is what makes it seem that way. Likewise we can imagine the situation described above to illustrate another important fact, we begin to imagine an upward operation, so we buy euros, however, with the same graph, the same data with anyone else anywhere else in the world can have an analysis opposite to ours and this is, the pair made a tour so low that it would sell euros instead of buying them, look at it this way the personal mirror each person can make things feel completely opposite and contrary, but as in the example of orange perceptions do not matter, the market will make their move regardless or whether or not we consider their lado.Lo important therefore not meet our expectations in a strict sense but rather stay focused on what the market offers and thus power take advantage of it, our objectivity must be beyond our last operation winner or loser, even beyond our recent prosperity or our oldest losses, must be at a level far from the results we have obtained, given that as opposite as is closest to our results are more likely to make the same mistakes over and over again, and I'm talking in both directions, winner and loser, because we can make mistakes even when we win, that is, out of the market early or taking a profit when it is still not suitable. will not go so far as to tell the reader that there is a need to break or get rid of the way as perceive things (our personal mirror) to thus be in complete objectivity when trading currencies and profit, that is not the intention of this article, in addition, the company needed a moment of enlightenment "style Buddha." In fact the intention of this paper is that the operator is aware of the variables that have to deal at the time of operating in the market and how they can affect your objectivity, thus give a first but important step in getting to be closer to the objectivity and thus take advantage of what the market actually offers, not what one would expect from mismo.La objectivity in the Forex market involves being aware that sometimes we misinterpret data, be aware of the mistakes one can make it but not caused by a bad analysis, but by a poor perception of things.
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