Wu-Wei

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“By taking the path of nonaction, wu-wei, nothing is left undone and everything is accomplished. . . . Nonaction means to not take any action that goes against nature” (Simple Taoism:  A Guide to Living in Balance by C. Alexander Simpkins PH.D and Annellen  Simpkins PH.D, p. 69).  A Quiet Mind To act without acting is the quintessence of trading skill. Since action begins in the mind, letting the mind quiet is paramount. However, a proper … [Read More...]

Zen Kernels, Insights for Traders: Ego Crunching

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desert sand burning by day freezing by night --Terry Chitwood The market scorches you, scattering your ashes in its wake. The market freezes you, cracking your body into ice crystals, the wind sowing you like seed. The market specializes in shattering your ego, crushing its remains with a steel grip. At times, trading is like being trounced by Godzilla. The Same Old Grind Notice the God in Godzilla. When God deems your ego position to … [Read More...]

The Christian Trader: A Bright Halo

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white swan a bright halo against a stormy sky --Terry Chitwood The market, like a stormy sky, roils across the screen, leaving havoc in its wake: broken trades . . . broken traders. Wild winds stir the broken pieces, rearranging them in a new way like an artist at play. Creative chaos rules the market on certain days. A Cold Wind A stormy sky is one of the faces the market can show us. A winged dragon, it can swoop into our day … [Read More...]

Zen Kernels, Insights for Traders: Ethereal Melody

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notes from a bamboo flute rise and fall on the breeze --Terry Chitwood The market moves like music, sometimes swinging between octaves in certain time frames, pausing for a number of beats, changing tempo on a whim, then continuing its serpentine journey. Sometimes the music is raucous, sometimes sweet, always surprising - at times, it makes you weep. Melodic Waves Rising and falling in melodic waves, the market sings an ethereal … [Read More...]

The Christian Trader: Glory to God

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Gloria in excelsis Deo echoes off the monastery’s walls lingering on the wind --Terry Chitwood Have mercy on us. Traders, especially, need mercy since most traders don’t realize trading is a spiritual process. Praise God . . . with all your heart, with all your soul, with your whole being—while trading.  Let your trading become a continuous prayer where meaning replaces greed. Pray the Market Praying the market in contrast to trading … [Read More...]

Wild Wisdom, Insights for Traders: Eagle Eyes

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dusk only the eagle can see --Terry Chitwood The orange sun reflects off the golden eagle’s eyes, turning the world into flame. Perfectly still, gliding on wings of silence, the eagle surveys his domain. Dusk descends . . . and so does the eagle with no prey in sight. The Big Picture Viewing the market with the eyes of an eagle allows you a larger perspective. You can see the big picture. Patterns become clearer; wave-form movements come … [Read More...]

Zen Kernels, Insights for Traders: Eyes of Streaming Moonlight

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a drop of moonlight ignites a silver flame in my heart --Terry Chitwood We all trade in the dark, never sure of making the right trade, the correct decision, or something better than an informed guess. Darkness surrounds the timing of a trade as well. Did we get in too soon . . . too late?  Darkness Let’s befriend darkness, inviting her into our office, sharing a tea ceremony, hoping she’ll reveal her secrets. The one secret every trader is … [Read More...]

Zen Kernels, Insights for Traders: Garment of Mist

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Fog slips off the ocean, onto my skin, creating a garment of mist. --Terry Chitwood Wearing a garment of mist allows you to slip between the market’s crevices, discovering rivulets of flow between the rocks (pivot points). Riding the rivulets (small fractal waves) to gradual increasing gains could be considered fractal surfing. As the fractal waves get larger, the possibility of larger gains and losses increases. Constant Change Wearing … [Read More...]

Zen Kernels, Insights for Traders: Watering the Garden

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in the morning sun, the haze melts in my mind . . . watering the garden. --Terry Chitwood Confusion, a swirling haze at dawn, obscures the market’s opening. Will the E-mini S&P 500 continue the overnight move on the GLOBEX, or will it continue the pattern off of yesterday’s close? Will the EUR/JPY or the USD/JPY give a correlation to trade the E-mini S&P off of? Questions . . . questions? Time to tend the garden. Letting the … [Read More...]

Zen Kernels, Insights for Traders: A Distant Whisper

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the waterfall roars now— a faraway whisper --Terry Chitwood The market, sometimes a thunderous roar, drowns out all thought, paralyzing the mind into inaction. Churning in whitewater, the mind loses focus, struggling to regain its footing. As long as the mind is buffeted by external market forces, there can be no stability. Deeper Paradoxically, the solution is to go deeper within yourself away from the tumultuous market until it becomes “a … [Read More...]

Zen Kernels, Insights for Traders: Weight

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old wooden bridge creaks . . . in the wind --Terry Chitwood Traders get tired. The weight of trading the market becomes heavy, like Atlas shouldering a planet. Or trading becomes drudgery like Sisyphus repeatedly rolling a huge boulder up a hill and letting it roll back down. Again. And again. And again. . . . Bigger What if the bigness of the planet and the boulder symbolizes an enlargement of consciousness—becoming a bigger person? Why … [Read More...]