Poor Decisions – A Trade Gone Wrong

NASA announced today that Kepler (its alien world-hunting spacecraft) has discovered two previously unknown planetary systems, including three super-Earth size planets in the much-coveted “habitable zone”  – capable of sustaining human life.

It’s really only a matter of time now (with such advancements in technology ) that we finally put to rest the age-old question of our human origins, and make the “connection with the stars” as did our ancient ancestors.

Putting things in perspective – there are more stars in our universe ( each with their own planetary systems ) than the combined total of every single grain of sand on the entire plan Earth. The discovery of these two “Earth like planets” is only the beginning – as we continue to reach further and further out. We will find life – and we will find it soon.

It’s things like this that keep me small, humble. We get wrapped up in our day-to-day lives, the decisions, the stress, the pressure we may put on ourselves, when in the grand scheme of things – we’re not just a tiny grain of sand, but one of billions of tiny people – on that tiny grain.

Consider the significance of a poor trading decision. One decision….. in a day filled with decisions, in a life filled with decisions.

I’m pretty sure you’ll be O.K.

 

7 Responses

  1. Superpositron (@superpositron) April 19, 2013 / 2:43 am

    Indeed. Dont sweat the petty things. Certainly dont pet the sweaty things either.
    Love this blog. Keep it up Kong.

    • Forex Kong April 19, 2013 / 6:07 am

      Thanks Superpositron.

      You are super positive! Awesome!

  2. Superpositron (@superpositron) April 19, 2013 / 2:50 am

    As a newbie i find it difficult sometimes to maintain perspective. I judge my performance on the outcome of the trade instead of whether i had followed my system.

  3. Leonardo April 19, 2013 / 4:15 am

    Hi Forex Kong, I have been following your site & comments since october 2012. This is a great learning curve for me.
    However, I have one question re EUR/.USD. If I may follow in this topic for a moment. On or about the 25th of March you commented that your intention was to long EU @ 1.3170. Did you follow through with this as pa did approach that zone recently?

    • Forex Kong April 19, 2013 / 6:06 am

      No I didn’t / haven’t taken the trade Leonardo – and here’s why.

      During this time period since I originally looked at it – some larger fundamentals have now entered the picture, as U.S data continues to disapoint, and the spring/summer is soon upon us. Ive been scaling out of most everything, and havent been looking at taking on much risk here.

      Technically the level still looks reasonable – but at this point its unlikely I’ll trade it.

  4. pimaCanyon April 19, 2013 / 8:55 am

    Nice post, Kong. Have a great weekend!

    • Forex Kong April 19, 2013 / 9:31 am

      Thanks PimaCanyon!

      Have a good weekend as well.

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