Tomorrow will either make or mar some portfolios and by extension the psychology the trader , this is not in anyway to scare traders but a call for cautious and possibly taking an observational stand tomorrow. While hoping for the best and expecting the worst, if Trump will drop the Bomb 💣 or not…but Let’s consider Trading with the perspective of a farmer will turn you profitable.
Let’s see every trade entered as a seed, plant your seeds in the season they are made to be planted in and monitor them as they grow. Be patient while these are happening then harvest them when they're ready and enjoy the fruits of your labor.
It doesn't have to be difficult, but you make it that way. Your lack of patience and faith is the reason your land isn't flourishing with healthy crops. Trading is a game of probability and thus proper risk management like portfolio sizing, stop loss and good knowledge of technical and fundamental analysis such as the one we are expecting tomorrow
Do you think the farmer knows 100% every seed he plants will grow successfully? Absolutely not, but he plants with faith anyway. Once the season is done, he harvests what he can and turns the soil over for the next season. However, every trader with the perspective of a Farmer should remember that there will times of drought, there will be times insects will invade
#TrendingTopic your crops. It doesn't mean you shouldn't plant because of it.
Have faith that it will rain and have faith that your crops remain healthy no matter what arises unexpectedly. When noting is certain then anything is possible hence the spikes and sudden volatility is unavoidable in trading No matter what happens, if you planned your planting careful and if you allocated your seeds appropriately, you will always walk away with some sort of profit. You remember when I wrote about the importance and power of diversification? Go back to the article and read it again.
You put something valuable into the ground, and then you have to wait. Sometimes the weather is perfect, the sun is shining, and your crop grows beautifully. Other times, there’s a drought, a storm, or pests come and destroy half of it. You can do everything “right” and still lose.Trading feels exactly the same.You do your research, you “plant” your capital into an asset you believe in, and then life happens. The market can be in a bull run and everything looks green, or suddenly some news drops like unexpected rain and your position gets flooded. Some days you wake up and your portfolio is up 15% for no obvious reason like when the soil was richer than you expected. Other days you’re down 20% and you’re wondering why you ever thought this was a good idea.
The patience part is what connects them the most.A real farmer doesn’t dig up his yam every week to check if it’s growing. He knows that constant disturbance kills the plant. Same with trading, the people who keep checking their charts every 5 minutes, selling at the first sign of red, or jumping from one “opportunity” to another, usually end up with nothing. The best farmers and the best traders both understand: good things take time.But here’s the interesting difference: In farming, if you plant good seeds in good soil and take care of them, you’re almost guaranteed some harvest (even if it’s small). In trading, you can do everything right and still get wiped out because the “weather” (market sentiment, macro events, whales, regulations) is completely out of your control.Farming teaches you humility and seasons. Trading teaches us the same, but sometimes the lessons are more expensive and come faster. Another thing: diversification. No serious farmer puts all his land into only one crop. If that crop fails, he’s finished. Smart traders do the same they don’t put everything in one coin
$BTC or one stock.At the end of the day, both require:
Preparation (research/soil preparation)
Capital (money/seeds & fertilizer)
Patience
Risk management (you can’t control everything)
@CZ The ability to accept that some years will be great, and some will be painful
The only real difference is that when a farmer fails, he can usually eat some of his loss or try again next season. When a trader blows up his account… sometimes there’s no “next season” unless he has more capital or learns fast.So yeah, trading isn’t gambling if you treat it like farming. But if you treat it like a casino, you’ll end up with the same result as a farmer who plants on concrete and expects miracles.
Some seasons may produce vast amounts of crops, more than you could have imagined. Some may produce less than you had expected. As long as you prepared with due diligence and pulled the trigger with full faith, you will always walk away with something, you are never empty handed.
During the first season of your planting, your land will be small. Therefore, the seeds you plant will be limited. Don't try to over plant on your small plot of land, or you'll ruin your entire harvest. Start small and grow tall…go for growth than speed, choose marathon of sprint, do not forget that Overtrading is like over speeding…Crash!
#war As the seasons pass, your crops will flourish. You will have the ability to expand your land and plant even more seeds for your next season. Before you know it, that 1 acre of land you had first started planting in, is now 1000 acres producing 1000x crops in comparison to your first season of planting.
Be patient. Plant with faith and plant with strategy. You've got thousands and thousands of acres in land with your name on it. Don't ruin it by trying to rush the process.