The Vulnerability Of Dependence
"Show me someone who isn't a slave! One is a slave to lust, another to greed, another to power, and all are slaves to fear. I could name a former Consul who is a slave to a little old woman, a millionaire who is the slave of the cleaning woman. . . . No servitude is more abject than the self-imposed."
— Seneca, Moral Letters
Today's meditation is a very interesting read and it certainly made me think about what I am dependent on, in every day life; coffee for example!
What I struggled with however, was trying to relate this to trading!
I will hold my hands up and admit to you all right now, that I wouldn't dream of using my trading strategies, without access to the historical stats/data that I have available to me! It would be futile and just like taking a massive gamble, in the hope that I got lucky!
So in simple terms, yes I am totally dependent on having access to the historical stats/data that I have available to me. This enables me to do my due diligence and ensure that all the rules/criteria for my strategies are fully met before executing a trade.
Does this leave me vulnerable? I suppose you could argue that it does, as using alternative sources to find historical stats/data, doesn't give me the same confidence and assurances that I get from the sources that I use; and nowhere near the same level of results either come to think of it!
Some of the examples used in today's meditation, I could live with; such as driving a car for a day, which wasn't as nice as my own, limiting calories by fasting two days per week (which I actually already do), staying off social media for a day etc. etc.
Put frankly, if I didn't have access to the historical stats/data that I use for trading, I simply could not trade! So yes there is a "vulnerability of dependence" for me, when I relate today's meditation to trading.
I do feel however, that this is more of a comparison for every day scenarios of life in general, rather than trading.