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If you defend your limitations, you get to keep them.



Obstacles are the norm in any effort to acquire mastery, and overcoming such obstacles requires a daily workout.


Unfortunately, this principle is magnified in trading.


Markets are not created to embrace the little man's aspirations. Quite the contrary, the game is rigged.

The most obvious is that in professions like health and law, a specific lingo is created that makes it impossible for the novice to maneuver through to gain an in-depth understanding.

Laws and rules are implemented to make it seemingly impossible for individuals to participate successfully.

It counts for the trading world as well.


We are again confronted with such doctrines of limitations in the recent attacks on Telegram, a secure platform we have chosen to communicate speedily, unlimitedly, and unobstructed.

Yet this freedom might be taken away, and we are already working on implementing a solid backup plan.


Thinking back on history, laws, like it is a crime to own physical gold, come to mind, and in my trading history, I remember how devasted I was as a specialist in shorting the stock market when business was wiped out overnight, through the uptick rule being implemented, which provided for a considerable obstacle to individuals trying to short a market on smaller time frames.


In 2000, I remembered a masterful adaptation, unpublished, of "day of the week" patterns overruling classical TA. It was at this time that the term "give back Friday " was coined (the rule of thumb existed much earlier, established in the pits, but was used to wipe out classical TA position traders of 2-8 day holding periods).

It was another obstacle that got me derailed.


Another big blow was the implementation of the "pattern day trading rule," which required any novice who previously could grow a small account into a sizeable account to now need at least 25k to open a short-term trading account.


They implemented Breakers for volatile down days to "protect" markets, yet another substantial imposition to the little trader.


And on and on it goes.


Yet it doesn't and should never matter what obstacles are brought before us. As a trader, you persistently walk forward and overcome no matter what hurdle by managing to identify the rules, break them, and create your own rules to advance through these minefields.


Fear creates hesitation and eats the soul.

As such, I do not even flinch anymore when outside intrusions like the one we face right now are brought before me. I merely accept the challenge to figure out yet another solution, knowing that all problems carry solutions right along with them.


In this spirit, know that you are not alone with whatever you face in life and that you have found in this community a group of like-minded individuals who have learned how to walk forward no matter what.


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