Teaching You to Trade Stocks 105: Stay Away from Cleverness, Operate Mechanically
2008/4/13 21:51:14
Not writing about stocks on weekends isn't some immutable law — if I want to write, I write.
Those who die in the stock market are mostly clever people. The cleverer they are, the faster they die. To survive in the market, you must stay far away from cleverness, because your cleverness is utterly worthless before the market.
The market is like an ox. Only by seeing no whole ox can you carve it at will along its joints. In this ID's theory, the essence of mechanical operation is precisely seeing no whole ox while conforming to its joints — because, according to this ID's theory, the structure of the market has been thoroughly decomposed. From the perspective of this ID's theory, what market? It's nothing but a pile of joints. Mechanical operation is simply the process of gradually aligning with the rhythm of those joints, without being affected by the complexity of the whole ox.
As for what standard is used to decompose the market — that doesn't matter. The principle of classification itself doesn't matter. What matters is that the classification leads to a complete classification. Those who look down on classification will forever wallow in the confusion of the whole ox — we simply won't include them in our game.
This ID can state once more with absolute clarity: the whole ox is complex, so people can spew endless opinions, each with their own reasoning. Fine then — let those clever people go argue their reasons and debate away. We don't love cleverness, we don't love the whole ox. We only know the rhythm of the joints. We don't love arguments, and we certainly don't love predictions. We are only responsible for making money.
If you prefer being right over cold hard cash, if you prefer arguing over making money, then stay far away from this ID's theory — it's of no use to you.
Recently, I haven't been writing lessons, but in fact I've been writing all along. Every day, using just the simplest fractal and the most basic criterion of whether it can extend into a stroke for classification, one can completely handle such a volatile market. People always love complex things and look down on the simple — yet this is where the real skill lies.
Making money is inherently a very simple matter — it's nothing more than the result of good habits and an operational strategy. It requires no effort whatsoever. Money that requires great effort to earn won't stay in your pocket anyway.
People always want more. Let me ask you: have you mastered the operations derived from the simplest classification — the fractal? If you haven't even mastered that proficiently, what's the point of learning anything else?
Reflect well.