Teaching You to Trade Stocks 5: The Market Needs No Analysis — Just Watch and Act!
2006/6/21 20:52:02
Those who love to brag are the most common in the market — for example, there's a profession that makes a living by analyzing the market and blowing hot air, called stock commentators, experts, and the like. Such people are nothing but parasites on the market. A true hunter only observes and acts. You can't kill wolves with your mouth.
The market is a hunting ground. First, you must become a good hunter, and a hunter must first be accustomed to silence. If there truly is any truth, then truth too is silent. What can be spoken is merely the secretion of human thought, reeking to high heaven. When one truly cannot speak, then there is nothing one cannot say. To speak yet be wordless — that is true speech.
A good hunter can do without a mouth, but must have a pair of eyes undisturbed by external things. Under these eyes, everything becomes transparent like an illusion. To not be moved by external things, one must first not be deluded by the self. In truth, there is no such thing as external things or self — they are all illusory flowers in the sky. Only then can one move freely among them.
A hunter cares only about prey, and prey is not obtained through analysis. Prey is not what you think of, but what you see. Trust your eyes, not your brain, and even more, don't let your brain move your eyes. Eyes moved by the brain are filled with preconceptions, and all preconceptions are merely bait leading you toward the ultimate trap. A hunter does not fear traps. A hunter simply watches as prey continuously falls, in different ways but with the same outcome, into all kinds of traps. Here there is no need for analysis — only watching and acting!
The quality of a hunter is not based on how many theories they can articulate, but on their instinct when placed in the situation. A good hunter sees without seeing, mind and matter in communion. If you don't understand this, the simplest way is to drop yourself alone into the deep mountains — as long as you can come out alive, you'll probably understand a little. If that sounds a bit cruel, then come to the market. Here there are countless wolves, tigers, and leopards. Use your eyes to see, use your heart to feel, instead of using your ears to listen to gossip and your brain to get a cramp!
(To be continued)
寒江宴雪 2006-06-22 08:48:43
A gripe: Every time Comrade Chan posts those K-charts, they're the kind that have been chopped down to the bone, and they're monthly K-charts at that — just looking at them is hair-raising. Not festive enough.