Vox Fortuna: When Sal Met Iva

[saliva]

This journal ain't so much limited to trading but trading ideas in general. To complement my ever evolving thoughts about trading, I'm calling it apropos another nameless trader's ramblings.

It recently occured to me that ignorance is usually considered blissful when you're either brazenly greedy or suspiciously fearful, but such a bliss faces a rude awakening should greed and fear decide to dance to the same tune.

 

[saliva]

"Men live perpetually in the shadow of their histories; what they call the present is already biography." (Need we say more?)

—Ihab Hassan

As creatures of habit, we traders like to stick to what we already know even though it might cost us dearly. Unmistakably, such a turn of event took place on Thursday when this noob exercised the inflamed rhetoric of old-fashinoned tart that we finally hit "the bottom". (Especially when Jim Cramer speaks doom and gloom, why shouldn't I?) Perhaps, present is indeed a thing of the past. But I wonder why traders constantly look back into the past for guidance into the future? So much for my rants!

 

[9999]

Quote from saliva:

.......
........
Perhaps, present is indeed a thing of the past. But I wonder why traders constantly look back into the past for guidance into the future? So much for my rants!

I'm salivating already!
Jokes aside, everybody looks at the past to find some clues about the future. History repeats itself, but of course it doesn't repeat itself exactly as before. What would be the meaning of life, then?

 

[saliva]

The ego says the the world is vast, and that the particles which form it are tiny.

When tiny particles join, it says, the vast world appears.

When the vast world disperses , it says, tiny particles appear.

The ego is entranced by all these names and ideas, but the subtle truth is that world and particle are the same; neither one vast, neither one tiny.

In reality there are no grounds for having beliefs or making comments about such things.

Look behind them instead, and you will discern the deep, silent, complete truth of the Tao.

Embrace it, and your bewilderment vanishes.

—From <i>Hua Hu Ching</i>, The Teachings of Lao Tzu

Lost somewhere in translation is also the fact that the market is governed by greed and fear. May you look behind them to embrace your inner monetary Tao.