Repost: Food for Thought

Seems like a good time to revisit this post:
Wishing you a great day ahead.

Food for Thought

“Go placidly amid the noise and the haste, and remember what peace there may be in silence. As far as possible, without surrender, be on good terms with all persons.
Speak your truth quietly and clearly; and listen to others, even to the dull and the ignorant; they too have their story.
Avoid loud and aggressive persons; they are vexatious to the spirit. If you compare yourself with others, you may become vain or bitter, for always there will be greater and lesser persons than yourself.
Enjoy your achievements as well as your plans. Keep interested in your own career, however humble; it is a real possession in the changing fortunes of time.
Exercise caution in your business affairs, for the world is full of trickery. But let this not blind you to what virtue there is; many persons strive for high ideals, and everywhere life is full of heroism.
Be yourself. Especially, do not feign affection. Neither be cynical about love; for in the face of all aridity and disenchantment, it is as perennial as the grass.
Take kindly the counsel of the years, gracefully surrendering the things of youth.
Nurture strength of spirit to shield you in sudden misfortune. But do not distress yourself with dark imaginings. Many fears are born of fatigue and loneliness.
Beyond a wholesome discipline, be gentle with yourself. You are a child of the universe no less than the trees and the stars; you have a right to be here.
And whether or not it is clear to you, no doubt the universe is unfolding as it should. Therefore be at peace with God, whatever you conceive Him to be.
And whatever your labors and aspirations, in the noisy confusion of life, keep peace in your soul. With all its sham, drudgery and broken dreams, it is still a beautiful world. Be cheerful. Strive to be happy.”
– Max Ehrmann, “Desiderata

Food for Thought

Don’t Quit
When things go wrong as they sometimes will,
When the road you’re trudging seems all up hill,
When the funds are low and the debts are high
And you want to smile, but you have to sigh,
When care is pressing you down a bit,
Rest if you must, but don’t you quit.
Life is strange with its twists and turns
As every one of us sometimes learns
And many a failure comes about
When he might have won had he stuck it out;
Don’t give up though the pace seems slow—
You may succeed with another blow.
Success is failure turned inside out—
The silver tint of the clouds of doubt,
And you never can tell just how close you are,
It may be near when it seems so far;
So stick to the fight when you’re hardest hit—
It’s when things seem worst that you must not quit.
– John Greenleaf Whittier

Food for Thought

If
If you can keep your head when all about you
Are losing theirs and blaming it on you;
If you can trust yourself when all men doubt you,
But make allowance for their doubting too;
If you can wait and not be tired by waiting,
Or, being lied about, don’t deal in lies,
Or, being hated, don’t give way to hating,
And yet don’t look too good, nor talk too wise;
If you can dream – and not make dreams your master;
If you can think – and not make thoughts your aim;
If you can meet with triumph and disaster
And treat those two imposters just the same;
If you can bear to hear the truth you’ve spoken
Twisted by knaves to make a trap for fools,
Or watch the things you gave your life to broken,
And stoop and build ‘em up with wornout tools;
If you can make one heap of all your winnings
And risk it on one turn of pitch-and-toss,
And lose, and start again at your beginnings
And never breath a word about your loss;
If you can force your heart and nerve and sinew
To serve your turn long after they are gone,
And so hold on when there is nothing in you
Except the Will which says to them: “Hold on”;
If you can talk with crowds and keep your virtue,
Or walk with kings – nor lose the common touch;
If neither foes nor loving friends can hurt you;
If all men count with you, but none too much;
If you can fill the unforgiving minute
With sixty seconds’ worth of distance run –
Yours is the Earth and everything that’s in it,
And – which is more – you’ll be a Man my son!
– Rudyard Kipling

Food for Thought

Morning Update

Limit down in a lot of Asian markets today as the unwind continues. Clearly things are getting uglier and uglier under the hood.
As we have been discussing, even if we have not seen a lot of panic from retail, the indiscriminate selling continues. Naturally, we don’t know, but the way things are trading, it really looks like someone big is being forced to de-risk hard and is in the process of a big unwind. I’ll leave the speculation as to who this could be to others but suffice to say, this is not Johnny-One-Lot getting margin called.
You know when the Fed and other CBs are taking multiple actions and the ECB has to co-ordinate another program at mid-night on a Wednesday… things are not orderly under the hood.
One of the key things to watch next is the USD. We have been discussing and mapping out scenarios for a while now but again, a strong dollar will break a lot more stuff. Pay attention to possible action from the FED or Treasury as other CBs have also started to hint at having to intervene here too.
Don’t forget that it’s time to get greedy when others are fearful. despite all the things that are going on , this too shall pass and it’s time to start look at longer-term opportunities, trades and portfolio construction too.
Sorry for the lack of longer written posts on the blog recently but things have just been too busy. Naturally, charts will continue to be posted as well as complementary access to some to the premium content.
I can’t stress this enough; this is a time to not only look for opportunity but to also internalize what is happening and learn. Please do not waste this unique opportunity if you have the luxury of following all this action unwind live.
Furthermore, and I hate to sound like I am plugging the premium content but unless you understand what is going on and have been able to successfully navigate the action, imho it makes a lot more sense to let someone guide you and use this opportunity to learn and grow as a trader rather than continuing to shoot from the hip. Most of the time a little investment in your own development can really go a long way and make things far less complicated than they should be.
If you know someone that is struggling, please pass this on. It’s very frustrating to see people continue to email in with horror stories or looking for a way out just because they are/were unwilling to invest in their own education.
If you are serious about attracting Investor Capital/finding Investible Strategies please check out our dedicated Darwinex page.
If you are interested in attending a live daily morning call or a more detailed discussion on the charts we post / trade ideas, don’t hesitate check out our Premium content.
Wishing you a great day ahead.

Hawk and Serpent

Once again, not a weekend where we would want to be positioned full risk-on; trade accordingly and remember to manage your risk.
ICYMI, you can access our latest open access video update > HERE.
If you are looking for some food for thought and weekend reading, we would suggest going through the latest research paper publish by Artemis Capital Management.
If you are serious about attracting Investor Capital/finding Investible Strategies please check out our dedicated Darwinex page.
If you are interested in attending a live daily morning call or a more detailed discussion on the charts we post / trade ideas, don’t hesitate check out our Premium content.
Wishing you a great day ahead.

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