A surfing analogy that helps us trade

There are a few different ways people approach the ocean (trading).

Some dive right in.

Others inch in slowly, testing the temperature of the water until they feel comfortable to wade in all the way.

A few like to stand there and get pummeled by the water’s force.

And of course, there are those that avoid going to the beach entirely.

The most daring and remarkable of all are the surfers (what we refer to as long and shortboard trading).

The surfer (trader) harnesses the ocean’s (market’s) power, gliding above the surface, zigzagging their way to the shore. Of course, sometimes they fall off their board. But the good ones understand this is just part of the process and hop right back on. They know that through practice they will navigate the inevitable ebbs and flows, the unexpected surge, the occasional fellow competitor that gets too close. Over time, they spend more time up on the board, reaching the shore faster with far more grace and power then when they started.

They understand and accept a few things we all should.

Avoiding turbulent water is impossible.

Fighting the power of the ocean is an exercise in futility.

Waves are inevitable.

We’re going to have to learn how to surf.

(taken from Steve Dennis’ Blog)

Published by Day Trader

I flew fast jets for 30 years of my life. I've traded full-time, more or less, for the last ten years, initially from fundamentals and over the last few years as a dedicated day trader. I live on the North Norfolk coast.

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