A WORD FOR THE FUTURE STOCK TRADERS

THERE IS NO SECURITY BUT ONLY OPPORTUNITY.

STOCKHACKER
Publish date: Sun, 16 Nov 2014, 01:09 PM
A personal opinion in stock trading

" There is no security on this earth, there is only opportunity."---General Douglas Mac Arthur.

The ever changing economy. 

But there's no guarantees, all we can do is shift the odds in our favor through our own efforts and learn to recognize opportunity. 

Self knowledge is just one fourth of what needed to secure a livelihood in today's economy. An idealistic view is to realize and understand the emerging economy-- the part of the economy that are expanding, offering opportunity and the fast changing nature. 

Lastly, we must understand the purpose of lifelong learning about emerging market opportunities. But learning about yourself is no longer enough, that's the equivalent tossed into the wilderness without maps and GPs, just because you've just been told that you will be fine because you know your talents. 

Establishing and managing livelihood. 

Sometimes we wonder why we just leap to a checklist of acton we can take today. The resolution is: Your knowledge is advantageous. A checklist does not confer knowledge or intellect. If we want to tilt the odds in our favor, we have to understand where the checklist comes from and how it works. 

The deeper the knowledge, the more difficult it is to acquire. Anyone can follow a checklist, but only the person with the apprehension of the situation can solve problems and create value. These skills are unquestionably important and necessary. Especially the trend in the emerging marketplace. 

The economic system is undergoing a tumultuous transformation that will last for our entire life. We can bemoan what will be lost and demand that the present remain unchanged, but technology and life do not stand still; they shape up, evolve and adapt.

Self- knowledge; identifying interest, talents, strengths and weaknesses. 

We have two pretty simple choice;

1. We can cling to what is already lost and go downward with the ship. Or;

2. We evolve, advance and adapt along with life and technology. 

Security does not comes from the government guarantee but from embracing the opportunity. Security is scarce and opportunity is abundant. It's ultimately our choice;

1. We can compete with the herd crowding around the dwindling pool of supposedly secure opportunity or;

2. We can escape those poor odds and determine how to recognize opportunity, source new problems and create value.

Joining the increasingly restive herd jostling for a place at the pool's edge, guarantees a scarcity of winners and an abundance of losers, an imbalance that insures unhappiness and frustration. 

The odds favor those who appears elsewhere for opportunity and those with an ability to solve new problems and create value in a variety of circumstances. 


If opportunity doesn't knock, build a door because opportunity favors prepared mindset. 

What we need is not a new technology, but a new way of living.

As simple as that.

 

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