Living in a state of unknowingness is fun because whatever we know is part of our conditioning.
You’ll love to break that conditioning.
When we know something, we feel better about that thing, but we don’t see anything. We’ve captured a snapshot, and we’re describing the whole landmark.
That’s the problem of human nature. Our beliefs limit us. We believe that we know and act, but reality gives us a different perspective.
Every time we get fooled by our beliefs. They hijack our thinking. We get biased and destroy ourselves in the mean process.
When we take a trade, we feel confident of the outcome as if the Market will follow our belief system.
We don’t take adequate risk control measures and cry after losing our capital. We must remember that the Market has always taught us the principle of uncertainty. But our ego was blinded by the belief that we can time the Market.
It takes only one player to change the whole game. Our conviction about the Market’s movement can ruin our entire career.
The only way to eliminate the dangerous belief of knowingness is to accept our ignorance and never try to predict the Market’s movement.
We can create an edge and work accordingly with proper risk management. Any belief to predict the Market is not only dangerous, but it’s also suicidal.