Can you accept what life gives you - good and bad? Can you make the best out of any situation or does your ego demand satisfaction? Some things are out of your control - can you accept that or do you fight it?
The fable is of a man who accepts what life presents to him and makes the best of every moment while his ego demands nothing.
Most of us would be angry at the woman who lied to her parents.
We would have rejected the child presented to us as being not our responsibility.
We would have fought to protect our reputation.
Do any of these reactions really improve the situation?
The woman who lied begged for forgiveness. She and her parents were remorseful instead of angry.
The child did not suffer but was well cared for.
The monk's reputation became even more renown after this incident.
What if we were to accept what life gives us and place no judgement on it?
The following user says Thank You to eudamonia for this post:
Premise was to look for shorts below 1361 looking to test initial support at 1348.
Strong trend day setup all morning.
2nd premise was to look for short-squeeze above the 43/44 level.
Shorts got squeezed after we tested down to the 43/44 level. Rotations up to the IB brought out long-term buyers
who pushed the market up to the 1361.5 area.
6:30a - ES open at 1357.25
6:36a - ES short 1356.00. stop 1357.5. -1.5/-1.5
6:53a - ES short 1356.75. stop 1358.25. +2/+7
7:55a – ES long 1347.5. stop 1346. -1.5/-2
9:38a – ES long 1347.25. stop 1345.75 +3
11:47a – ES long 1352.5. stop 1351. target 1356. +3.5
"Ego is a term that plays a fundamental role in the study of “I” in our daily, individual existences. For countless ages humanity has pondered this concept, struggled with this concept, and even warred over this concept. For a word that is so deeply indoctrinated in our lives, ego conjures up many different feelings and thoughts in many different people. Let us closely examine the ego and its impact on our universe in an attempt to gain a clearer understanding of its meaning and purpose."
Every moment I wake up I realize I know nothing, and then I smile...
Last edited by zt379; May 9th, 2012 at 03:08 PM.
The following user says Thank You to zt379 for this post:
Main premise is that we test the 1341-43 area to see if further selling is warranted. After the 7:30 news buyers step in aggressively and push us to a new IB zone around the 1348.25 acceptance. Stong chance at this point for a normal variation day.
From there the 2nd hypo of the day sets up where we eventually held above the 1353 ON acceptance area to test yesterday's close at 1358.5.
6:30a - ES open at 1345.75. OS low 1344.5. OS high 1347.5. OAIR
7:01a - ES short 1348. -1
8:25a – ES long 1352.75. stop 1350.5. +3/+0
10:13a – ES long 1352.75. stop 1351. +5.75
1363.5 responsive sellers
1350.5 responsive sellers ON
1345 responsive buyers
1337.5 acceptance ON
1335.75 responsive buyers ON
Main premise was to look for short liquidation if we held below 1334.5. Note: although we broke down below this area briefly we had heavy absorption both attempts to move below the low of the day. Didn't see any signs of this premise materializing once that started happening.
Second premise was to look for long opportunity above 1340 once we broke IB.
6:30a - ES open 1337.5. OS high 1337.75. OS low 1336.5. auction out of range
8:25a – ES long 1340.5 +2 (very quick not filled on 2nd half).