Lessons learned from option trading when stock market is near all time high

1. All the profits should be cashed in immediately regardless the $$ amount.
2. Do not get attached to the particular stocks. Nothing ever stays the same or predictable.

11/03/2006 (Painful lesson from WFMI 20% crash after earning report)

1. Sell the shares while it is all time high.
2. Don't chase the shares thinking if it would go up more after it has run up in a very short period of time.
3. Stock do come down!!

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Rumi's poems quoted in Wikipedia

* All day I think about it, then at night I say it. Where did I come from, and what am I supposed to be doing? I have no idea. My soul is from elsewhere, I'm sure of that, and I intend to end up there. * Come, come, whoever you are. Wanderer, idolator, worshipper of fire, come even though you have broken your vows a thousand times, Come, and come yet again. Ours is not a caravan of despair. o Variant: Come, come again, whoever you are, come! Heathen, fire worshipper or idolatrous, come! Come even if you broke your penitence a hundred times, Ours is the portal of hope, come as you are. * Do not grieve. Anything you lose comes round in another form. * Every tree and plant in the meadow seemed to be dancing, those which average eyes would see as fixed and still. * Everyone has been made for some particular work, and the desire for that work has been put in every heart. * Everyone sees the unseen in proportion to the clarity of his heart, and that depends upon h

Miyamoto Musashi's painting

One of the monochrome paintings he produced later in life "The Shrike" expresses his ultimate teaching of swordsmanship, namely, "the myriad principles are all of the Void." The insect that can be seen roughly in the middle of the painting, crawling up the branch of the withered tree, provides us with a hint of the meaning of swordsmanship hidden within the work. Ono interprets the painting as such: The Shrike is waiting for the fish in the pond. She could shake the dead branch to make the insect fall into the water which will entice fish to come out and eat the bug. Before then, the insect has eaten up all the leaves of the tree which was transformed into a dead tree. The shrike could catch the fish, and strike her catch to the other pointed branch to kill it. Thus: Fish kills worm; worm kills tree; shrike kills fish...; The unseen kills shrike; new trees grow around the dead tree; Shrike, fish, worm, dead trees all turn into fertilizer to grow the new tree. Such i

Your joy is your sorrow unmasked.

THEN a woman said, Speak to us of Joy and Sorrow. And he answered: Your joy is your sorrow unmasked. And the self same well from which your laughter rises was often times filled with your tears. And how else can it be? The deeper that sorrow carves into your being, the more joy you can contain. Is not the cup that holds your wine the very cup that was burned in the potter's oven? And is not the lute that soothes your spirit, the very wood that was hollowed with knives? When you are joyous, look deep into your heart and you shall find it is only that which has given you sorrow that is giving you joy. When you are sorrowful look again in your heart, and you shall see that in truth you are weeping for that which has been your delight. Some of you say, "Joy is greater than sorrow," and others say, "Nay, sorrow is the greater." But I say unto you, they are inseparable. Together they come, and when one sits alone with you at your board, remember that the other is asle

Mind activities of a Stone boy

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