QOTD

"If you want to know everything about the market, go to the beach. Push and pull your hands with the waves. Some are bigger waves, some are smaller. But if you try to push the wave out when it's coming in, it'll never happen. The market is always right." - Ed Seykota

From the Brilliant Ed Seykota:
"The Zero Point, or Zero Information Point, is the condition of nothing in CM upon which to base a judgment - including, say, even the very judgment that judgment itself is good or bad.

It is dancing joyously, with abandon. It is splashing your hand in a mud puddle and just being there with the experience. It is putting on a trade and succumbing to the enchantment of the whole process including the market, yourself, the prices, the pluses and minuses and the pretty colors on the monitor screen.

It is being able to read the markets directly and having no attachment to the ability to do so.

It is the sourcing condition for creativity. It is the feeling of feelings passing through, leaving no trace. It is beyond description in words and yet it somehow rides along from one person to another when Freds communicate without words.

When you have zero information, and do not even know that, then there is nothing you do not know."