Trading Is War.

As frequent visitors might hv know, I am a military buff and as i will be attending my annual In-Camp Training from 25th Sep to 6th Oct, i feel it is befitting that i give an analogy to trading as liken to being in a war. Treat every single dollar u have as a soldier, $10k as 10,000 soldiers. When you are winning and captured designated objectives, u gain reinforcements, more soldiers, equals more profits. When prices fall, every dollar you lose is a soldier KIA. To minimize losses and prevent more of your men killed, you have to withdraw your men. Cut loss and look for new objectives, new trades. Unfortunately in war as in trading, it is a zero-sum game, your gains is another's losses. The key is really to prevent losses and keep it to a minimum and your gains will take care of itself. Thats how i feel trading should be. And i am still learning everyday, hoping to master it.

(Acknowledgement: the above YouTube clip is extracted from the miniseries Band of Brothers, on the attack led by LTA Richard D. Winters on german artillery batteries attacking the beachheads landings of the Allied forces at Normandy on D-Day. The attack saved many lives of the Allied forces and is still studied in Military schools around the world as a standard attack on objectives under an effective base of fire. Richard D. Winters is awarded the Distinguished Service Cross for his actions.)