Saturday, January 17, 2009

Lessons On Trading From The Movie KUNG FU PANDA!


Last three evenings I am watching the same movie in the night, Kung Fu Panda, can’t help it the kids want to watch it before they go to bed. Nice movie with lot of philosophy thrown with animation. What struck me was that the message of the movie is very apt to our trading psychology!


In one of the scenes under a peach tree the wise old man Oogway tells his student master Chifu to let go the ILLUSION of control and start BELEIVING(Chifu has serious doubts that the big fat panda can make a dragon warrior). He says that things don’t happen as we wish but they happen on their own and take their own time. Same with good trade setups we should WAIT to let them happen and don’t try to preempt them! All we can do is nurture our trade and believe in it!







In the second instance in the movie when the Panda becomes the dragon warrior, and open the centuries old scroll to read the secret, he finds it blank with only his reflection on the scroll. Dejected by not seeing anything on the scroll he assumes that after all he wasn’t the true dragon warrior. Realization dawns on him later when his father the noodle soup seller tells him the secret ingredient in his secret ingredient noodle soup is NOTHING! Yeah he say there isn’t any secret ingredient and to create something special one needs to believe in that you are special. Bingo! There is no secret indicator or method to play the markets….Its only about you and your beliefs in your system. A nice lesson in trading I must say. I would suggest that you should watch this movie with your kids and enjoy it. I guarantee it will be money and time well spent. Enjoy!!!


I BELIEVE THEREFORE I AM!!!