More than two possibilities in trading (Short Essay)
by: Colibri Trader
Or maybe not!
Of course you could always turn right or turn left. You might also consider:
Check your GPS.
Consult with your map.
Turn back and look for another way.
Wait for someone to pass and ask him/her.
Take a blind chance.
Just stop for a minute and think your options all over again.
Although subconsciously people are thinking of two chances, they should challenge the dichotomy thinking processes and don’t close the door of possibilities. Maybe there are more than just two possibilities.
Same goes with trading.
Any new idea is a possibility. Each alternative scenario is as good as the most logical outcome.
In many occasions, the alternative scenario is impractical, but from it may be extracted a valuable concept, which can indeed be used.
In my opinion, trading is probably one of the best (if not the best) example of various possibilities, especially for the one with the open mind!
So, there are certainly more than two possibilities.
The questions is, which one will you choose.