Last night's market surged, many people managed to seize the opportunity
The brave eat meat first
The truth that gains and losses are sourced from the same place is magnified to the extreme in the contract market. The trading strategy that doubles your investment will one day make you experience symmetrical losses.
Accepting this fact is like a sailor accepting the capriciousness of the sea. True trading wisdom does not lie in predicting storms, but in knowing when to lower the sails.
When extreme market conditions arise, the best action is often no action—sitting quietly and observing the market's emotional outpouring is more philosophically wise than any intricate trade.
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