Stocks & Commodities V. 26:8 (98, 97) At The Close by Sarp Cercioglu
Product Description
At The Close by Sarp Cercioglu
Trading And The Art Of War
IF you are a trader, you may have heard the expression that “trading is war.” The similarities between trading and traditional warfare are undeniable and if trading is war, then the financial markets are the battlegrounds. When you participate in active trading, you engage in an ongoing battle against other traders as well as your emotions. As a trader, you have the task to determine which army is stronger, the bulls or bears, and which is more likely to prevail within your time horizon. Further, as a trader, you must be able to handle the emotional strain that trading places on you.
Let us explore the similarities between battles in actual warfare and battles in the markets.
DECEPTION AND SURPRISE
One of the most effective tools used in battles was the use of deception and surprise. Sun Tzu, in his military strategy book The Art Of War, wrote, “Those who skillfully move opponents make formations that opponents are sure to follow, give what opponents are sure to take, they move opponents with prospect of gain, waiting for them in ambush.” Many of history’s greatest battles were won on this principle alone. An army would arrange such a formation that the troops would look narrow from a distance. The other army would seize the perceived advantage and attack, only to be defeated.
Trading And The Art Of War
IF you are a trader, you may have heard the expression that “trading is war.” The similarities between trading and traditional warfare are undeniable and if trading is war, then the financial markets are the battlegrounds. When you participate in active trading, you engage in an ongoing battle against other traders as well as your emotions. As a trader, you have the task to determine which army is stronger, the bulls or bears, and which is more likely to prevail within your time horizon. Further, as a trader, you must be able to handle the emotional strain that trading places on you.
Let us explore the similarities between battles in actual warfare and battles in the markets.
DECEPTION AND SURPRISE
One of the most effective tools used in battles was the use of deception and surprise. Sun Tzu, in his military strategy book The Art Of War, wrote, “Those who skillfully move opponents make formations that opponents are sure to follow, give what opponents are sure to take, they move opponents with prospect of gain, waiting for them in ambush.” Many of history’s greatest battles were won on this principle alone. An army would arrange such a formation that the troops would look narrow from a distance. The other army would seize the perceived advantage and attack, only to be defeated.
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