Emotions cause traders to see the market as they want, not as it actually exists
There are lots of things that the market tells you in advance. All that matters – Are you listening
Every Calendar year – the market does it things. The market does not change its core behavior. It continues to remain this crazy creature which when falls in love with a new idea, or a new theme – then it just takes it to the moon but when it hates a sector, it trashes it like crazy. That’s market for you and we can argue debate on rationality, logic but if you have to be in the markets – you have to accept the market for what it is.
Market is your boss and when you are in the market, you are best served by quietly listening to market all the time. The worst thing you could do as a trader is to listen to loud opinions on TV and create a rigid bias on the subconscious level and it prevents you from seeing the obvious.
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Disclaimer – The state of the market notes is Deepak’s perspective on the market. The column is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers