The Way of Oogway!!!

I couldn’t resist writing about the movie Kung Fu Panda again, actually the kids are so fixated on the movie that they end up watching it once a week at least and I am also kinda hooked to it. Below are the very important scenes from the movie which I am sure would help a traders mind set(well we learn from anywhere if we WISH to learn). In the first scene Panda is more concerned about what others have got and he is lacking! Same way a noob trader is more concerned with software’s and systems others have rather than on keeping things simple and developing his own style of trading that suits his temperament!

Another very important advice given is about letting go the “Illusion of Control”; as traders we need to let go our bias and accepts things as they are. We need to BELIEVE in ourselves and our system. If your charts tell you to sell or buy you just sell or buy. A peach will only grow to be a peach. Keep things simple don’t try to fight or outwit the market! Please do watch the above video and better still go out and buy the movie it would be money well spent!!!