When I write that “All that matters is the present moment”, I refer to one’s own personal happiness and the present moment of what is happening in the market tick by tick. One can always choose what happens to oneself in the present moment and that is why all that matters is the present moment. If you are always thinking about the future, or dwelling on the past, you forget where you are now. NOW. Where you are now is what matters. What you do now is what counts. Life happens in the now, in the present moment. That is why they say love is what you do for someone else now, on a daily basis, being there in the present moment for another person. Love is not, ok, I will do this for you one year from now, or ten years from now, etc, but I will not be with you now. 🙂 It is what you choose to do now that matters in life. Does that make sense? You have to love what you do now in order to want to do it again tomorrow. Doing what you love now helps make a life-long career.

What happens on the tape on a daily, to hourly, to minute-by-minute, to every second is at least to me, what matters when it comes to entering or exiting a trade. Personally, that is how I trade. Trading happens in the present moment. Yes, you needs some future perspective, and some past knowledge, but trading happens in the now.

Now, I love history. I find history fascinating, and yes I believe that understanding history is very useful to having perspective on the grander scheme of all things market, politics, science, psychology, technology, etc. Legal decisions are usually made on precedent. I personally spent many hundreds of hours researching legal precedent to write some memo on how a judge ought to apply legal precedent to a certain set of factual circumstances. I see similarities in how one could look at historical events and extract the parts that benefitted society and apply those same principles to today’s factual circumstances and then expect a particular outcome.

Some people may misunderstand my tagline.