Soooo after getting up at about 2:30 this morning, drive to my buds, load the dogs, guns, decoys, "shooting oil", etc. into the boat and eventually getting set up in the duck-blind... there was still about and hour to go before legal shooting time. So, not much to do except count the stars and wonder who is looking back at you. About 30 mins goes by before we get some birds coming in, then about an hour later...very slow but managed a few wood duck and teal. It is still early in the season and there is a lot of down time. So how is this like trading? A lot actually. There is a huge patience factor in trading and duck-hunting. Sometimes a trade or birds show up, sometimes they don't and you just have to wait. Sometimes the trade sets up perfect like ducks gliding into the decoys. Other times a trade can happen so fast you have very little time to react like the teal when they are screaming by and you have only a few seconds at the most to make a decision. Or, you have doubt about a trade and you simply pass on it like a bird that is just out of range and if you did take a chance at it the chances are that the bird might get wounded and keep flying, which is never good, so you simply put the barrel down and let it fly without pulling the trigger.

There are so many lessons in life that mirror the psychology of trading that even if you are not trading the same variables are present in whatever you might be doing at the current moment. Patience, probability, risk, etc. are all 'there'. You just have to learn to recognize them and react to them.

That's just my 2 cents for the day trying to keep it real. Please note to all the 'animal lovers' out there, and yes I am one of those, that none of what I (we) hunt goes to waste. Fishing or hunting it is either released or consumed and we always 'leave no trace.'

$CRBP still hanging in there...still watching it...

Peace