The Goose and The Horse
Here’s an old tale with a very important lesson;
A Goose, who was plucking grass up on a common, thought herself affronted by a Horse who fed near her, and in hissing accents thus addressed him.
"I am certainly a more noble and perfect animal than you, for the whole range and extent of your faculties is confined to one element. I can walk upon the ground as well as you; I have besides wings, with which I can raise myself in the air;
And when I please, I can sport in ponds and lakes, and refresh myself in the cool waters:
I enjoy the different powers of a bird, a fish, and a quadruped."
The Horse, snorting somewhat disdainfully, replied,
"It is true you inhabit three elements, but you make no very distinguished figure in any one of them.
You fly, indeed; but your flight is so heavy and clumsy, that you have no right to put yourself on a level with the lark or the swallow.
You can swim on the surface of the waters, but you cannot live in them as fishes do; you cannot find your food in that element, nor glide smoothly along the bottom of the waves.
And when you walk, or rather waddle, upon the ground, with your broad feet and your long neck stretched out, hissing at every one who passes by, you bring upon yourself the derision of all beholders.
I confess that I am only formed to move upon the ground; but how graceful is my make! how well turned my limbs! how highly finished my whole body! how great my strength! how astonishing my speed!
I had far rather be confined to one element, and be admired in that, than be a Goose in all."
Most traders try to be geese instead of horses. The one advantage you have over everyone else is your ability to concentrate and specialize. The market is a chaotic place. If you try to be everywhere at once and capture every move, you’ll end up with nothing.
Instead, if you understand a few setups deeply, you’ll know exactly what you’re looking for, and what to do when they appear. The market rewards those who go deep, not wide.
The horses of the market enjoy highly-profitable, low-stress trading. They’re comfortable knowing they won’t catch every move and concentrate their energy where it matters.
The geese, on the other hand…
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