Ed. note: A quick note to non-programming types. The ! symbol is common parlance amongst coders for the phrase 'not', so be forewarned. This may ! be about what you think it's about.
Taking a break from trading is not a simple matter. Unless you're simply quitting, in which case it's a very simple matter. But if you find yourself paying less attention to the market as your life becomes consumed by something else (a medical condition, the birth of a new child, a new job, relocation, golf lessons) then you need to identify it's time to participate in the art of not trading.
It's not the same thing as "quote" -- putting your trading on the shelf for now. No, that's pretty much quitting. The art of not trading is something different. It's more like hibernating. Or like the deep sleep you would experience in inter-galactic space travel. When you wake up, the market will be different, but probably much the same. You just need to remember how to stand up, walk, articulate verbally about how glad you are to be back and curse in a manner consistent with your personality.
The art has to do with being able to cycle between the state of trading, and the state of not trading. It's an art so you are left to your own imagination as to how it plays out.
Thanks for clarifying that.. I thought the Art of Trading was drawing pretty red lines and oscilating squigglies on a chart and lighting candles as u watch the wicks burn away your artistic capital...? ;-)
ReplyDeleteWhat a pointless article...oh thanks for explaining the art of not trading Milkman...what's next in this engrossing series...the art of writing Bullsh*t blog posts...you seem to be a master of that
ReplyDeleteMaybe you could have gotten from the title that this was not a topic you are interested in? Or the warning before you wasted 25 seconds of your life that this may not be about what you think it's about?
ReplyDeleteIf you look around, you will see I get paid nothing for this blog. They are random musings. That is all.
I do appreciate the fact that anyone can blog and write meaningless drivel these days with the blog world so easily accessible. I made this short on purpose, so as to not engage for too long those who find no value in it.
I hope that you typing "Bullsh*t" was in a manner consistent with your personality and not done out of unnecessary decorum.