Everything Is Change
"Meditate often on the swiftness with which all that exists and is coming into being is swept by us and carried away. For substance is like a river's unending flow, its activities continually changing and causes infinitely shifting so that almost nothing at all stands still."
—MARCUS AURELIUS, MEDITATIONS, 5.23
Today's meditation really got me thinking!
I love the metaphor from Heraclitus who said "No man steps in the same river twice." Because the river has changed and so has the man.
How true this is and we are constantly adapting to change in our daily lives, whether that be through school, university, working, or even adapting to retirement!
There are always changes to accept and if you can embrace those changes, it is far more beneficial to you, than trying to fight or resent them, especially because we don't have a choice in the matter anyway!
When it comes to trading, we may tweak and adapt some strategies, especially in their early creation, as we go through the stages of trial and error, until we settle on a strategy that works for us.
You may not have developed your own strategies and could be using strategies explained by TTM or some of the members, that are freely available in the various channels. It doesn't matter how you come to start using your strategies, as long as they are working for you over a period of time.
The markets can also change over time, just like everything else in life does!
As traders, we are forever forward thinking and developing, so the idea is to embrace those changes and use them to our advantage! An example of a recent change is the amount of time that has started to be added on, at the end of both halves of a football game. Certain strategies that you may be using to gain profit from a late goal, could suddenly become more profitable, but you may need to adapt to the change by tweaking your strategy and entering a little later in the game, or you may have other ideas of course.
The last line of today's meditation, sums it up in a nutshell really and I quote "Everything is change. Embrace that. Flow with it."
You can do it; you've got this!