Article Art of War – Can it be Applied to Trading?
- Thread starter T2W Bot
- Start date
Lots of common sense in this article. As an ex military person I've long applied these principles succesfully - treat your trade as a combat mission and you'll do ok. Forget the Top Gun & other military crap you see on the media - it's the quality of planning, execution and debriefing that makes the money.
Victory comes to him with the biggest weapon
Second sentence "From my experience, a trading methodology or system is only one of the ingredients of success". Yes but you are not a succesful trader otherwise you wouldn't be penning all this stuff and would be trading, therefore this sentence is fantasy based on acquired read 'knowledge' and the rest of the article can be discounted. It's only junk quoted from someone else's writing anyway.
Second sentence "From my experience, a trading methodology or system is only one of the ingredients of success". Yes but you are not a succesful trader otherwise you wouldn't be penning all this stuff and would be trading, therefore this sentence is fantasy based on acquired read 'knowledge' and the rest of the article can be discounted. It's only junk quoted from someone else's writing anyway.
sorry - T.A.O.W. is a very overused concept to sell books
sorry guys ..............Poor Sun Tzu would turn in his grave if he saw how widesprwead his ideas are now used by consultants and experts selling their businesses
that reminds me - I must finalise my latest book
"Sun Tzu and the Art of Cooking - 100 Recipes for a busy mom with an army to feed"
NVP
sorry guys ..............Poor Sun Tzu would turn in his grave if he saw how widesprwead his ideas are now used by consultants and experts selling their businesses
that reminds me - I must finalise my latest book
"Sun Tzu and the Art of Cooking - 100 Recipes for a busy mom with an army to feed"
NVP
Re: Victory comes to him with the biggest weapon
That tends to be the case with so much stuff doesn't it? And of course that's how so many urban myths come into being. Although I do believe there is good stuff in the article (and that's only because in my particular case it resonates with the way I work) there is a limit to what all these "self-help" writings can do for you as a trader. I don't believe there is any substitute for getting out there and doing your own research the hard way and finding out what, if anything, works for you to make you a successful trader.
Dealing with guerilla tactics is one of the world's most difficult military problems. Was it not the British in Malaya in the 1950s that has been one of the few (possibly only) successful example?
They did it by slaughtering anyone and everyone who looked like a guerrilla; men, women, children, civilians. (The official version was that they were "relocated" but that's much like Jews being relocated by the Germans.) Even then, the Malayan communist movement wasn't extinguished until 1989.
There are actually plenty of examples of guerrilla forces which have been defeated. The key, however, rests more with the quality of the guerrilla movement than their opposing force. If guerrillas don't have the support of the indigenous population, they don't have a guaranteed line of supply and an accessible sanctuary, they will never succeed. If they have these 3 things, they cannot be defeated; no matter what.
There's a very good wikipedia article on guerrilla warfare here Guerrilla warfare - Wikipedia, the free encyclopedia
The Yanks were too arogant to learn from others and have paid the price over and over.
It's all happened before more or less. If the US administrations had 1 learned historian onboard they would not have made all the classic mistakes of empire. Bush didn't even know where Afghanistan was on the map. An historian could have told the chump it's where mighty empires have perished.
yes, it's amazing isn't it! We (UK) first learned about Afghanistan in the 19th century: but never mind -- we will stay there until the end of 2014 because our politicians know it's the right thing to do
:lolyes, it's amazing isn't it! We (UK) first learned about Afghanistan in the 19th century: but never mind -- we will stay there until the end of 2014 because our politicians know it's the right thing to do
Apparently it is too difficult for mathematicians to do ! So we are stuck with the 'O' level maths of Macd etc.