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October 10, 2008

“Ham and Eggs: A days work for a chicken, a life lost commitment for a pig.”

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For the record I love ham and eggs.  This is not a plea for pita.  I saw this quote and had Awe ha! Moment, I wanted to share.
Let me ask a personal question.  How do you trade?  Like a pig or like a chicken?  A pig trader is one who jumps into the market unaware of the risks the conditions of the environment inexperienced in the navigational skills of forging the waters.  They foolishly throw all they have at it with no thought of the consequences.  They feel that the market owes them something after all the market was made for them just like the farmer’s slop.  They fail to see the end result because they are caught up in the moment.  They become all consumed by the moment that they fail to see that they are losing everything.  The end of this road leads to a bleak end, nothing to show for it, and worse off than when they started out.
The chicken on the other hand produced small results every other day or so.  Only because they developed the ability over time practiced and perfected do they lay an egg.  Each time they do it does take effort properly selecting the right position to begin and knowing the outcome before entering the next box.  The chicken trader understands the importance of process, effort and repetition.  After each day a perfect little packaged, a record of the fruits of its labor.  A little effort everyday results in a life of productivity.


Topics: Disciplined Trader, Types of Traders

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Comments

One Response to ““Ham and Eggs: A days work for a chicken, a life lost commitment for a pig.””

  1. Aaron on October 11th, 2008 1:08 pm

    Whats the other saying? Pigs get fed hogs get slaughtered.

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