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ON A LIGHTER NOTE - On Dealing With the Only Constant in Markets, and In Life

 

ON A LIGHTER NOTE - On Dealing With the Only Constant in Markets, and In Life

Hi All

Thought you great people would enjoy the frollowing:

A lack of volatility has some worried, but always remember the only constant is flux...

  • Heraclitus doctrine...
  • Trump hope...
  • Wisdom and comfort...

Dear Trader,

It's become the epitome of cliché to make a comment such as "the only constant is change."

Cliché is something writers try hard to avoid. Yet there's no denying that this Heraclitus principle applies to life at large. And particularly to life in the financial markets.

Before we go on, I think I had better remind readers of their college days in Greek Philosophy 101. That's when you learned about the pre-Socratic Greek philosopher from Ephesus named Heraclitus.

To Heraclitus, the doctrine of change is central to the universe. He expressed that in the following poetic way:

No man ever steps in the same river twice, for it's not the same river and he's not the same man.

When it comes to markets, business and, really, all things in life ... never has a truer statement been made.

Think about this concept as it applies to investing. Sure, we can approach markets with a set of precepts, strategies, tactics and a sense of history.

Yet all of that can come up short. Despite our best and most well-intentioned efforts.

In fact, you can get just about everything "right" when it comes to making a decision and placing your wager.

But then you can still get blindsided by a river of constant flux.

 
 
 
 
Fri, 05/12/2017 - 11:52pm
 
C J Hall

Great quote I really enjoyed it. Thanks for sharing.

 
ewamjac

Exactly. Looking for a trading system that works and works even most of the time is akin to a search for holy grail.

 
jrh

Yes I do agree,
the Holy Grail is difficult to find, but we persist waveringly in our pursuit of excellence.

Keep pressing on, make or break, we are all in this together and there lies our leading edge secret.

Thanks for taking the time to reply and keep well.

 
G O

Interesting perspective, always keep improving!