Happiness is NOT in the Future

by akos on January 10, 2015

Say Whaaaaaaaaaat?

Future and past are nothing more then thoughts in the head. They are only illusions.

The problem is that we believe that they in fact real and we give away our power to those thoughts.

There is no such thing as “happiness in the future” since there is no future.

Happiness can only exist in the NOW! Period.

You may be saying that if this and that happens I will be happy. But the sad truth is that things like accomplishments, a better job, more money, a better car, a slimmer body can make you happy for only fleeting moments, but they can’t give you everlasting fulfillment. Yet many of us ( almost all humans) believe that their happiness is in one of those “destinations”.

Bottom line…

If you are unhappy now then a better car, more money or a slimmer body will make you an unhappy you with a better car, a wealthier unhappy you or a slimmer unhappy you.

Happiness is a mindset and it has nothing to do with the outer circumstances. Happiness is a choice, and you can choose to be happy NOW, regardless of what’s going on in your life.

You don’t need to be anything to be happy. The happy  mindset is and inside job.

And the whole paradox is that…

you can have whatever you want as long as you DON’T NEED IT! 

Remember your outer world is an “outpicturing” of what’s going on inside of you.

As within so without

 

Choose to be happy now by giving gratitude for what you have.

I’m talking about the most basic things like having eyes to read this or being able to breathe without pain, or having access to drinking water or internet. These things may seem pretty basic but I can assure you they are NOT for the average human on this planet.

If you have food in your fridge, clothes on your back, a roof over your head and a place to sleep you are richer than 75% of the world.

 

gratitude

 

cheers

 

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ONLY TRADE THE PLAN

Guys, I can’t stress the importance of having a plan BEFORE you take a trade.

(THIS IS THE CHATROOM I’M IN RIGHT NOW. BTW THIS IS THE BEST ROOM ON THE NET. PERIOD). 

That’s what separates losers from winners (only 10% of traders are profitable).

If you want to be in that top 10% you really have to know what your risk is and what your reward could be at each trade you’re about to play.

I remember when I started out I just went into a trade with absolutely no idea what my entry should be ( in fact I bought breakouts and not dips when going long), where I’d cut my losses where would I add and where would I take profits. I was pretty much playing lottery. Bought a ticket and crossed my fingers hoping for the best.

The problem with this type of trading that it is REACTIVE and based on emotions.

The stock market is human emotions on display.

But when  you have a plan – and you follow that plan and rules- YOU TAKE THE EMOTION OUT OF THE GAME. THAT’S WHAT SEPARATES WINNING TRADERS from LOSERS.

Cut your emotions out of the game and you will be a profitable trader. End of story. You become like a computer that plays the odds systematically.

Risk Vs Reward

Take a look at the chart below!

Perfect example of a decent Risk Vs Reward ratio.

This is $MOC from yesterday.

Click the pic to blow it up to see what’s what!

MOC_1

 

As you can see I put out a tweet saying that I’m buying this dip at $2.90, putting risk at $2.80 which was pretty tight.

I loved the 1-minute chart of $MOC.
Morning run, holds the gain then run again, then a pullback flattens out and holds that channel between $2.80 and $3.00.
Me going long was an ANTICIPATION OF A MOVE, hoping that it would break that channel on high volume. The support was at $2.83-ish so I was like: if this thing breaks $2.80 it is going to flush and I DON’T WANNA BE IN IT when the shit hits the fan. So I risked $.10 max.

I was thinking that if it ramps it would either go to HOD or put in another top or at least go pretty close to it.

I wanted to take half of it off (nail the gain while you have it) so the rest could go on house money).

The last minute I decided to take it ALL off, which I did a bit below the second top.

You can never go broke by taking profits.

Later that day it did exactly the same pattern but it was much smaller.

My reward was at least $.40

Which makes it a great play with at 1:4 risk vs reward ratio.

This is super important!

 

The main idea is that when you have a plan YOU TELL THE STOCK TO SHAPE THE CHART A CERTAIN WAY. AND IF IT THE CHART DOESN’T DO WHAT YOU EXPECT  YOU WALK AWAY FROM THAT TRADE WITHOUT TRYING TO FORCE IT.

I hope it helps to clarify how I set up my trading when going long.

By the way, this system also works for shorts.

cheers

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