Tuesday, August 16, 2011

"The moment, you own it, you better never let it go"

Look, if you had one shot, or one opportunity
To seize everything you ever wanted in one moment
Would you capture it or just let it slip?

"Lose Yourself" - Eminem

Hard to believe it has been nearly 10 years since "Lose Yourself" came out, but this song still has a way of firing up my soul.  I appreciate good music and lyrics from all genre, and I believe Eminem is a gifted genius who uses music as a way to help guide his tormented soul.

Along the same lines, I'm using this blog on trading as a way to help guide both my heart and mind via writing, as I make my way thorough these difficult times climbing up a learning curve I can't imagine any more steep than it already is.  But as difficult and frustrating as learning to trade can be, I love it, and don't consider it work at all.

I've been following the markets long enough to know that we're in some extraordinary times with regards to market conditions.  Bella wrote a post the other day titled "You need to make more right now", and that kept me awake and thinking last night.

The markets are pitching hanging curveballs all over the place -- and I should be hitting them out of the park.  It's like I'm getting dealt 2 aces with the dealer showing a 6 nearly one after another (and well aware there are many 10's still left in the deck).  And the best part of trading vs. blackjack is that I can make my bet AFTER I see the cards.  Then why am I continuing to play (trade) lousy hands (setups)?  It's sad when I know I have better discipline at the casino vs. the markets.  This will change.

Bella ends his post with:
A close friend who is twice as smart as me started in 02, a market a new trader could not succeed in, and now practices law again. Luck plays a part in whether you make it as a trader or not. Again congratulations to all the new and developing traders in the world. You caught the best break from the trading gods with this market. But you now have an obligation to maximize this chance. You need to make more right now.

This passage is what made me recall the song "Lose Yourself" -- a song about how you are given very few moments in life where you have an opportunity that can change everything.  So when that moment comes, you better take it and run.  I'm currently in a very fortunate and unique position in my life where I have time to give almost everything I can into becoming a successful trader, but this moment won't last forever.

So I'm not letting this opportunity slip, I chose to seize the moment.

The moment, you own it, you better never let it go  
You only get one shot, do not miss your chance to blow  
This opportunity comes once in a lifetime

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