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
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!
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