Tuesday, July 14, 2009

Technical Analysis & Life

The fact that amazes me most about Technical Analysis is, that its fundamental are so simple yet functional, common yet unexplored and repetitive yet it teaches you something new every time. I find these things so similar in life, that it intrigues to the extent, that these fundamental are based on very own foundation of universe itself. Well if you have an in-depth look at both, you tend to thank god for his wisdom and his mercy. The fact that god has kept a balance in all things and the repetitive nature of history, made technical analysis possible in the first place. I believe that this balance and repetitive nature of the universe made our life easy. Farmers knows when to sow and reap, business men know which will be a lucrative business is in the following season ….. and so on. This Mercy of god is also a disgrace for some, as the good things repeat, so does the bad things. We tend to repeat our mistakes again and again…..

Success is hidden behind these mistakes. If we take the responsibility of our mistake, learn from it and not repeat them we can convert every mistake into success. Cause every mistake we make will increase our knowledge. With knowledge comes technique, and the courage to do the right thing at the right time. If we understand our life as we try to understand graph and try to narrow down our mistakes we will be successful in life and in our business of trading in Stocks.

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