Chapter 2 Cont...
"Therefore the Master
acts without doing anything
and teaches without saying anything.
Things arise and she lets them come;
things disappear and she lets them go.
She has but doesn't possess,
acts but doesn't expect.
When her work is done, she forgets it.
That is why it lasts forever."
The Master is not selfish therefore he does not act for the sake of acting and teaches without the intent to teach. He does not try to will thing his way. He owns things but not the attachment to things. He does not expect so there is no hope and fear. He has neither attachment to the actor (self) nor attachment to the action therefore he forgets in his actions and his deeds afterward. Due to the unselfish spirit, the merits of his works lasts forever as good as it's ever been. Good in the beginning... good in the middle... good in the end.
Although the noble actions of a bodhisattva is hard to emulate due to our own habits, we should try not to set traps for ourself by fixating on the outcome, the effect of the outcome etc which feeds our ego with hopes and fears. We should at least take a layman's approach by trying to figure out how our methodology should perform over time. By keeping longer term perspective on the performance of the edge, we can free ourselves up from fixating on the profit/loss outcome of a single trade. Without this knowledge, it's gonna be hard to beat our biological fight or flight response due to valid concern of the unknown. It is critical to backtest the method, and manage the potential drawdown by the numbers. Admittedly the ego problem is not solved but rather reduced to just-in-time management.
~~End of Chapter 2~~
"Therefore the Master
acts without doing anything
and teaches without saying anything.
Things arise and she lets them come;
things disappear and she lets them go.
She has but doesn't possess,
acts but doesn't expect.
When her work is done, she forgets it.
That is why it lasts forever."
The Master is not selfish therefore he does not act for the sake of acting and teaches without the intent to teach. He does not try to will thing his way. He owns things but not the attachment to things. He does not expect so there is no hope and fear. He has neither attachment to the actor (self) nor attachment to the action therefore he forgets in his actions and his deeds afterward. Due to the unselfish spirit, the merits of his works lasts forever as good as it's ever been. Good in the beginning... good in the middle... good in the end.
Although the noble actions of a bodhisattva is hard to emulate due to our own habits, we should try not to set traps for ourself by fixating on the outcome, the effect of the outcome etc which feeds our ego with hopes and fears. We should at least take a layman's approach by trying to figure out how our methodology should perform over time. By keeping longer term perspective on the performance of the edge, we can free ourselves up from fixating on the profit/loss outcome of a single trade. Without this knowledge, it's gonna be hard to beat our biological fight or flight response due to valid concern of the unknown. It is critical to backtest the method, and manage the potential drawdown by the numbers. Admittedly the ego problem is not solved but rather reduced to just-in-time management.
~~End of Chapter 2~~
