Music Corner World

Its lone been about 5 old age since we had major scares in the marketplace regarding Y2K. You might remember that many computing machine systems were not programmed to be able to understand the change from 1999 to 2000. There was a enormous amount of terror created by those who were convinced that as the clock hit midnight on on New Old Age Eve 2000 that we were going to come in the Dark Ages.

By my analysis this never occured....unless I slept through it and cipher bothered to aftermath me up! (Note to self: Brand certain Staff aftermaths me up when Y2K occurs!)

The word we are supposed to learn from and understand is;
TEOTWAWKI....(The End Of The World As We Know It )
It was a word created by the Y2K scare.

I believe there is a very profound lesson to be learned from the Y2K scare. That beingness that prediction is pretty much worthless. The existent issue with trading as with life itself is to manage risk. Hazard can be defined many ways but usually it affects not being prepared for the hereafter and embracing an opinion.

The 1 advantage of life in a free society is that we are fortunate adequate to be exposed to numerous viewpoints on a day-to-day basis. As bargainers we must learn to constantly distinguish the difference between fact and opinion and determine how new information can impact us.

For those who never learn to make this, The End of The World As We Know It will reflect itself in their portfolios. For the remainder of us all we can learn to make is MANAGE RISK. It is the lone trading secret there is.

There are two schools of idea in trading.... TEOTWAWKI and Hazard Management. You do the choice.

The lone changeless in life is change. Don't forecast. Manage your RISK.

Dowjonesfully,
-Harald Anderson
http://www.eOptionsTrader.com.