Who’s in control?
You?
Market?
Does the market control you?
Do you control yourself?
How do you answer this?
Why are these questions relevant?
Control is pivotal.
It sets the tone for market life, and its overhang affects normal life too.
That’s why it is essential to have such control in one’s hands, and not hand it over to Mrs. Market.
So, how does one answer this question?
What triggers you to open your terminal?
The market?
Or you yourself, at a time and place of your own choosing?
If your answer is the former, the market controls how you act.
However, if you decide when and where to let market forces into your life, and for how much time, well, then you’ve not handed over such control.
Bravo!
How did you position yourself to achieve this?
Primary income not from the markets?
Not.
Don’t listen to tips?
Don’t.
Have a set time for work?
True.
Have a set place for work?
Roger.
Have a set system that’s implemented?
Affirmative.
Watch market TV?
Nope.
Read financial news online, or in print?
Only while researching a company.
Do your own solid research?
Do.
‘K, you’ve not handed over control all right.
Sure. Hand over control and the next thing you know it’s your life you’re handing over.