No professional traders, whether they realize it or not, they share many characteristics and behaviors with ”the jungle king”. A lion in the wild gives us an excellent metaphor to help us understand how we should behave in the market.
Lions are known as the ”jungle king” for some very good reasons; They are strategic, confident but patient, relentless yet intelligent and highly skilled. Lion is jaktmaskiner that nature has developed by evolution over millions of years.
Let’s find out how you can become the ”market king” by learning to ”hunt” shops like a lion …
The lion is relentless. They are determined to catch their prey, and they do not give up after the first attempt.
As traders, you must be relentless when it comes to your handelssätt. You should not get discouraged after a losing trade or two, and it is not a winning traders mindset. You may pour not be discouraged to trade seems severe or that it is too much to learn. If you really want to free you from slavery ”chains”, which is the modern society, that is to say, job, you must have a relentless commitment to learn to trade properly because successful trading really is the only way to free yourself from these chains.
The lion is adaptable. They will go after the most accessible to them; gazeller, zebras, even elephants and hippos (sometimes people too). They will not starve to death only for a replacement which they are most accustomed to has moved away. Lions will find new prey or they will move where there is more prey.
As a merchant you must be able to adapt to changing market conditions. Markets exercise a not always perfect and they are constantly changing. If you do not use a trading strategy that allows you to find high sannolikhetssignaler in all market conditions (as prisåtgärd), you will not survive very long.
Trading strategy and skill
Of the lions is strategy and skill is really an amazing thing to watch. They learn hunting skills as kids and they practice and exercise these skills and strategies through time. Lions do not take an something random ”riskspel” to how they hunt, for their survival depends on it.
A professional merchant’s survival depends on his or her trade – to take a strategic and skilled way to act is important. The lion and the professional traders have both of the strategies that they are performing consistently and you must do the same if you hope to be able to earn money.
Focus on ”easy” business
The lion goes after the most obvious prey; the sick, the old or very young (weakest). The most obvious change is the highest likely for a lion, just as the most obvious price signal is the highest likely for a trader.
As price action trader, you can learn to find the ”easy” business by mastering a patterns of trade at a time, and then recognize when the pattern is present on the market. Of course you can’t go after the ”easy” sectors if you do not know how they look like and how they differ from random off market signals. Therefore, you must first learn how to you are looking for the ”easy” business.
Save your handelskapital
Why is the lion and sleeping so much? It is not because they are lazy. It is because they save their energy for the next time they see an ”easy” prey come around the corner, they have a good chance to catch it. The lion not running after any animal or zebra they look; they save their energy for the greatest probable catches.
As traders, we can see that ”strong booty” as the low likelihood not worth the risk, while the ”weak prey” is the high-probability / obvious business you need to ”run” hard.
The lion will not waste energy in vain; if they feel that a change will come away they will let it go and regroup.
The lion looks to secure its prey
The lion looks to capture prey by jumping on it / bite in the neck. They eat up everything, and defends it vigorously.
You have to defend your winnings from other traders and from the market. You can make it through to make sure that you take logical profits when they are available. For example, if you see a very solid / key level, which is close to 2R-profit in your trade, you should place your profit target just before the level. If you don’t do it, the market will probably bounce at this level and start moving towards you … and where you gave up the profits.
You can also secure profits by not överhandla or take low probabilities. Don’t give back profits to the market directly after you have secured them. Keep them and go back and wait patiently for another ”easy prey”. Go and take a nap and rest, as a lion.
Develop your sense of risk / reward
Lion has a built-in sense of riskbelöning. They don’t go on hunting if they do not feel confident that they will receive a meal as a result of their efforts. They do not take the risk of draining himself of energy.
In the same way, you must avoid taking unnecessary risk in the market by not going after the non-signals, etc Preserve your energy / money for obvious signals so that you can get the most out of them when they occur.
Develop your handelsinstinkter
The lion has excellent instincts and emotions. This is something they are partially born with and partially learn as the young, mostly from their mothers.
As people, we are all born with different abilities and talents that can contribute to our level of trading ability. Fortunately for us, we can learn from others and develop the ability to trade successfully even if we are not born with a natural ability for it.
For a trader is the lion an excellent metaphor for how we should behave in the market. As a lion, you must be strategic in your trading strategy, tålamodig and disciplined.
The lions success and longevity, as well as their place as ”djungels kunung”, is the result of their superior hunting capabilities, based on all the points discussed above. In the same way, if you want to be a consistently profitable trader you need to have a strategy and an approach for your ”hunting” on the market.