Surfing is a surface water sport in which the wave rider, referred to as a surfer, rides on the forward or deep face of a moving wave, which usually carries the surfer towards the shore. In order words, the surfer rides the wave and moves in the direction of the waves.
Waves suitable for surfing are primarily found in the ocean, but can also be found in lakes or in rivers in the form of a standing wave or tidal bore. It is a dangerous attempt for surfers to ride against the wave, as this might lead to fatal accident or loss of life.
This experience can be compared to forex trading. Wherein, the market is the ocean and the traders are surfers. The forex market is the largest financial trading market in the world, trading well over 4 trillion dollar daily. This gives good insight as to the size of an ocean compared to several professional players. The ocean is bigger and its waves according to certain patterns which a wise surfer glides.
What to Look for in a Forex Technology Provider?Go to article >>
It has been said that the trend is your friend. It is easier to make it in a long run trading along the trend just like the surfer rides the wave. Calamity, which is tantamount to losing capital is guaranteed on the long run to trade against the trend. Besides losing capital, traders who trades against the trend suffer emotionally, leading to depression, transfer of aggression et al. I don’t think a trader should lose his/her mind trading FX! We can still have a decent life trading.
Traders should learn from professional surfers, who go deep into the ocean to ride the wave safely to the shore for the amusement of the on looking tourist. Trading should be fun just the way surfers enjoys riding the waves! It is profitable to trade along the trend because the long-term result will ultimately lead to an increased bank balance, increased confidence and a happy life.