Weekly Lesson #23

Bago mo basahin ang blog na ito ay basahin mo muna ang WEEKLY LESSON #22 sa Traders Den. Here is the link: WEEKLY LESSON #22

Mula pa nung bata tayo ay natrain na tayo na may nananalo at may natatalo.

Winning is good. Losing is bad.

Winning is success. Losing is failure.

We strive hard para manalo. We want to win sa mga quiz bee. We want to win sa mga sports. We want to win sa singing contests. We want to win sa mga dance contest.

Halos ilang dekada na ganya ang approach natin sa life.

Pag pasok mo sa stock market ay baon-baon mo ang ilang dekada na idea ng winning at losing.

You see your wins/gains as success. You see losses as failures.

You will do everything you can to succeed. You will do everything you can to win. You will do everything you can para habulin ang gains.

Take a moment magrelax. Maybe sip a cup of coffee or juice muna kasi mahaba ang blog na ito and you are going to learn an important lesson today.

Tapos ka na magkape? Take a look at this picture.

Ano ang nakita mo sa picture na yan?

“8 wins with 2 losses maam”

“maganda na win/loss ratio maam”

“panalo maam.”

You like that don’t you?

“Oh yeeees!”

If you liked that picture then you are part of the 90 plus percent of people that have failed, are failing, or eventually will fail.

I tend to rub people the wrong way when I introduce my idea kaya nowadays ay bihira mo maririnig or mababasa ang ideas ko kapag di ka TDS.

Let me clarify and justify what I meant when I said na recipe ito sa failure in trading.

Sa WEEKLY LESSON #22 ay nadiscuss ko na si market ang nagdedecide sa outcome ng isang stock price/trade.

Since si market ang nagdedecide sa outcome ng stock price/trade, ganito dapat siya.

Let’s remove the win rate. It’s not a win rate anymore. It’s just trade results.

Now, how do you feel about that picture?

“hmmmm….”

“wala lang maam..”

Exactly. It removes the sense of pride. Nawawala yung feeling mo magaling ka.

If we switched it. Kung red naman ang 8 at 2 ang green ay mafifeel mo na loser ka kasi may 8 losses ka with 2 wins sa win rate mo. If you remove the win and loss na label at palitan ng outcome ay mag iiba din pakiramdam mo.

Lahat ng outcome sa trading ay outcome ni market.

Si market nagdedecide kung aangat ba or bababa ang price after mo bumili.

You can feel happy sa mga win na outcome mo and feel responsible for them all you want but the fact will always be na si market ang nasusunod.

Now, take a look at this again.

Ano ang best na gawin sa ganitong situation. By situation, Im referring sa outcome na binibigay ni market.

The best thing to do is to keep the red outcome (loss) small.

Wala ka nang iba pang better or best move kesa doon.

Wala kang control sa outcome. Ang best na gagawin mo ay icontrol ang outcome na nagbabawas sa pera mo which is the loss.

“I understand po.”

“Maam, paano po ako kikita if losses ang pinapaliit ko at di gains ang pinupunterya?”

We will get to that sa next WEEKLY LESSON.

For now just try to absorb the learnings. Let it sink in.

The fact na WIN RATE ang tawag sa WIN RATE should tell you na its all about the wins.

Ginagawa ng traders sa trading ang mga natutunan or napagdaanan sa buhay.

Its always about winning.

Okay yun sa real life pero pagdating sa trading ay may different set of rules.

Winning and losing are all part of trading outcomes.

Walang “pass” or “skip” button sa losing.

Ano mangyayare sa isang tao na pumasok sa trading na nasanay sa buhay na yung pananaw ay win equals success at loss equals failure?

Naiipit, nasusunog at nagkuquit.

Yan lang ang tatlong outcome na naghihintay sa kanila.

I hope you enjoyed this lesson. Stay tuned sa Traders Den for more lessons na based sa reality at kakaiba sa nakasanayan. We will have more lessons coming.

I do invite you to try our TDS program if seryoso ka talaga sa trading.

Read this blog if you want to know more about TDS: Ano Nga Ba Ang TDS? – Gandakoh’s Personal Trading Blog (gandakohtrading.com)