On days like this, when the market is very complicated, we can use them to learn
#markets #trading #investing #learning #rising
"Those who keep learning will keep rising in life"
~ Charlie Munger
There are days, like today, when you don't feel that the market favors you, that your instinct tells you that things are not going to go well if you force yourself to operate.
Good advice for today is: Trust your instincts, don't get into trouble.
Don't force things, don't fall into the trap of magical thinking that somehow, despite all the messes in the markets, you can make profits today. Most likely that won't happen.
A better idea and a better use of your time is to step back and look at that difficult market and think...
- What in the markets makes me uncomfortable today?
- What do I want to know better?
- How can I better deal with a day like today in the markets in the future?
And there you have opportunities to grow and become a better trader or investor.
Write down your answers to those questions and spend some time today learning about them.
On a future day, when you again face a day like today, you will be better prepared, more aware, more confident, and maybe you can even benefit from a day like that.