Thought of the Day…

“Since so much of the Japanese candle terminology is grounded on military terminology, we will look at stops in this context as well. Each trade you make is a battle –and you will have to do what even the greatest generals have to do: Make temporary, tactical retreats. A general’s goal is to preserve troops and munitions. Yours is to save capital and equanimity. Sometimes you must lose a few battles to win the war. The Japanese have a saying. “A hook’s well lost to catch a salmon”. If you are stopped out think of it as you would a lost hook. Maybe you will catch your prize with the next hook.”

– Steve Nison

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