Read? Fundamental or Technical Analysis? (4)
Read? Investing vs Trading (4) - Two great attributes of long-term investors
Read? master the act of "formless form"
"Too much TA and FA will confuse your mind. Master the Act of the Formless From, you be there sooner than later." - Createwealth8888
"Less Analyzing. More Investing." - Createwealth8888
Master the Art of Formless Form
From Wixiapedia
倚天屠龙记
Zhang Sanfeng asks:” son, do you clear?" Zhang Wuji says:” I’m Clear." Zhang Sanfeng asks:” Do you totally remember it?" Zhang Wuji says: “Already forgotten some." Zhang Sanfeng says:” That’s ok, think it over"
Zhang Wuji low his head and fall in pondering. A while latter, Zhang Sanfeng asks:” How about it now?" Zhang Wuji says:” I forget most of it" Zhang Sanfeng smiles and says:” Very well. Let me show it to you again" He raises his sword and plays the exercise series again.
But to everyone's surprise, every pose of this time is different to last time's. When he finished, he asks again:” Son, how about it then"? Zhang Wuji says:” I have only three actions unforgotten". Zhang Sanfeng nods, puts his sword down and returns to his seat.
Zhang Wuji walks slowly in the hall and ponders. Then, he raise his head and cries joyfully:” I forget it, forget it totally!" Zhang Sanfeng says:” Not bad, Not bad, you do pretty well to forget it so quickly. Now, you can fighting it against this skillful master"
The moral of the story
When rules of the stock market are not set and defined, there is no way to know what it is so we have to master the Art of Formless Form. When we cling to the form, there will be attachment of the mind to this form. You will not be able to see your true self..
So the Art of Formless Form is not based on specific techniques of TA or FA or both. It is just as who you are. You and you alone can master it! Like Zhang Wuji, you need to forget first!
分析|美國將公布非農職位 對減息預期有何影響? – 香港經濟日報 – 即時新聞頻道 – 即市財經 – 股市
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美國周五將公布5月失業率及非農新增職位,由於上月公布時,非農新增職位由31.5萬個大幅跌至17.5萬個,到今次公布,會否繼續下跌,成為聯儲局9月能否減息的重要依據。市場預期非農新增職位19萬個,失業率
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57 minutes ago
How do i master the formless form?
ReplyDeleteWait for Part 2. LOL
ReplyDeleteLOL... SMOL got competition for his story telling award this year liao!
ReplyDeleteI really feel like I want to be Zhang WuJi.. Who doesn't want to be a hero ! :)
My SALUTE TO YOU!
ReplyDeletehttp://thewealthjourney.blogspot.com/2011/10/blog-post.html
Wah. paiseh. paiseh! Thank you! LOL
ReplyDelete1) WJ,
ReplyDeleteNo competition one ;)
A hundred flowers bloom! Most of my inspirations come from CW8888 anyway. I just re-package old wine in new bottle. Hee Hee.
By the way, I prefer to be Wei Xiao Bao. LOL!
2) CW8888,
I think it's a lot of fun! Don't you think?
Actually it is feeding on each other so that readers will have more fun reading them.
ReplyDeleteHi CW8888,
ReplyDeleteInteresting analogy, well written.
My take on it was that one has to be humble and accept profits as gifts and losses as learning.
Cheers
V