Fear and Loathing in the Markets
September 3, 2015
2 Min Read
Believe it or not, I'm not going to be talking about the ups and downs of the markets!Instead, the subject of this email: 'Fear and Loathing in the Markets' is a nod to Hunter S. Thompson. One of my heroes.HST (as we call him) was a bit of a maniac **understatement alert!**, and there are many parts of his life that aren't too admirable for most people.However, he did develop the 'Gonzo journalism' genre. Which involves putting yourself completely in a situation to experience it first hand.Basically, rather than being detached from a situation you're reporting on, you become part of the story - you immerse yourself in it.You may have read the book or seen the film 'Fear and Loathing in Las Vegas'? That was written and experienced by HST.So what has this got to do with trading?Have I gone completely mad?Not just yet... well, ok - maybe a little bit!The link between HST and trading is his approach. He didn't detach from a subject, he became the subject.And this is exactly what we need to strive to do with our trading.Rather than being detached from your system or the markets, and thinking it's 'Me vs.Them', you need to become a part of the process.Therefore, when things aren't going so well and your system isn't working, or the market is going yampy...don't complain about it and get cold feet.Instead, delve deeper and find out how this turn in performance can actually benefit you. What can you adjust to transform this downturn into a real positive game-changer for you?Be at one with the market, young Grasshopper!In order to do that, you need to understand how to optimise your strategy and optimise your performance.I guarantee it will improve your trading...