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Here's a life parable, an unwritten allegory drawn not from the sages of old but from the often misunderstood world of trading, a lesson whispered among traders, just as cryptic and perhaps equally profound as any delivered by Robbins or Carnegie.
The lesson is not about counting the number of times you're right; it's not a scoreboard tallying victories versus defeats. Instead, it dances to a different rhythm. It's about the magnitude of your wins when you're soaring and the resilience in your losses when you stumble and fall.
Imagine trading as a cosmic balancing act, a delicate dance between the sun and the moon. When the sun is shining on your portfolio, basking in the warm glow of right decisions, it's not merely about basking in your glory.
No, it's about capturing the sunlight, bottling the warmth, making the most of those radiant moments. It's about expanding and magnifying your wins, leveraging them to build an invincible fortress, a stronghold of success.
And then comes the night. The moonlight, though serene, reveals the landscape of losses. Being wrong, a situation we often perceive as the enemy, is, in reality, another phase of the cycle.
Here is where the true trader distinguishes themselves - and, indeed, the insightful life navigator. The key isn't to avoid the night but to embrace it. It's about the speed and grace with which you pivot, the swiftness with which you transform the situation without digging a deeper trench in the moonlit terrain.
Our journey, whether in trading or in life, isn't about being a flawless victor but rather a resilient dancer. One who can pirouette on a dime when the music changes, who can embrace both the sun's glow and the moon's calm with equanimity.
This dance requires an audacious heart, a prudent mind, and an unyielding spirit - a true spectacle of human strength and wisdom.
So, remember, dear reader, as you navigate the trading floors of life, it's about something other than how often you're right. It's about how much you profit when you're right and how swiftly and skilfully you can turn the tide when you're not.
Because life, like trading, is less about the frequency of being right and more about the art of balance and transformation.
Alpesh Patel OBE
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