Seeing Things the Way They Are
In order to become speculators without an ego one needs to be able to look at the market in a different way. A person without an ego will appreciate things as they are and not by what their ego tells them they would like them to be, without distortions and will act according to what it sees, not what it would like to see. Dominating our egos will not only positively effect this person’s capacity to carry out his functions in the stock market, but also all the areas of his personal life. The reality is that the stock exchange market confronts us to fight with ourselves. As long as we do not free ourselves from the false ideas about how the market acts and only observe its real development, we will continue being hit by it. The speculators that take on this style will be able to get rid of their ego and be free, since they will not have a reputation to defend. They will do what the market indicates them to do. They will not try to predict the course nor fight for it to go along with the tendency that they hope for. They will not have any ego and it will be very easy to flow with the market in the direction that it indicates. It is an easy thing to say, but a very difficult thing to accomplish, however not impossible. It takes a lot of time and effort to abandon old habits but it does have a wonderful reward. Once we have realized that we are our own worse enemy, we will start to take on the real route to extinguish such interference in our struggle with the market. What can be done to follow the rules in a precise way? Once we have recognized the nature of the beast and the influence that our decisions have, it is necessary to dominate it with the objective help of a statistic analysis tool about the base of the closing price and amount of transactions, appeasing our emotions in this way. The market will be interpreted then by what it is and not by what it is we wish for.
