Archive: December, 2010

It’s not black, it’s not white, I can’t even fight I hate it ! I hate it ! I hate it ! My stomach crawls & rumbles My palms sweaty, A rat caught in the eyes of a snake, I begin to shake, So many wrong choices, only one right, Hindsight laughs in my face. [...]

To Trade or Not to Trade Hey I took a trade today I sit and watch it with dismay Will the plan follow as I have laid? Away you indefinite penny arcade The stench of fear invades my being Wondering if what I am seeing Is solid as I think it is Confirmed or antithesis [...]

I woke up this morning, still thinking about ambiguity and my natural aversion to…. Well, mornings. After a cup of Joe and a slice of shingle with a shimmy and a shake, I set myself down the ponder: Ambiguity Coveted by politicians and poets… Distained by science and law. “political science” or “poetic justice”? Artist, [...]

the peak n e a r i n g the snowy summit the comforts of the slow and steady climb slip away the air has changed gazing off the windy peak inside churns – excitement erupts voices clamoring to be heard Maslow entices me to take it to a higher level Darwin implores – be [...]

An Ode to Ambiguity Aversion They say the market’s ambiguous – well that’s a lot of crap! I’m right – that’s all I need to know, but why then won’t the money flow? I’ll show them and prove to mum that I’m not just some lazy bum like dad. I’m smarter than my grandfather too. [...]

Why I have not accepted ambiguity in the markets? Well first I had to learn what it was, and then I had to come to understand how it controlled my actions on the unconscious level.  Now that I have become aware of Ambiguity Aversion, I have accepted its energy and how it has affected my [...]

I look at the chart and see all of the people Bars move up then down, forming a steeple I envy that run, but miss all the fun Unclear of direction, I pray to the sun Today’s a new day and the markets deceptive I’m feeling alert and focus on being perceptive But why can’t [...]

That Pesky Ambiguity I admit ambiguity makes me uncomfortable. I prefer sure things, and speculative trading sure isn’t one of them. I recognize the ambiguity of the market instinctively—but even my logical mind sees its inevitability. I buy a contract, thinking it will go up in price. Who sold me that contract? Someone who, looking [...]

Uncertainty’s Consort The wind waits for no one Without warning, her sweet caress seduces the wild and innocents There is no satisfaction She is faithful consort only to uncertainty Shivers of rumors and unrequited stirrings shake to the cadence of loss A signal sights The silence sounds Shards of knowing A touch felt Echoes dissolve [...]

To the melody of the Jungle Book’s Bare Necessities, here’s a little song about ambiguity aversion. Best sung with Louis Armstrong playing the original in the background! http://www.youtube.com/watch?v=MbUv_Tnnl2g Embrace the ambiguities The simple ambiguities Don’t chase every tick in every move Just face the unpredictability The financial markets’ recipe For bringing opportunities to you Throw [...]