Larry Hite, the billion dollar fund manager, on trading being 'Zen-like':
To me, this is a very Zen-like business, and your most valuable tool is yourself. There is a Japanese book about sword fighting whose premise is this: when you get into a sword fight,
immediately assume that you're dead so you won't have to worry about being killed. Then, all you have to worry about is making the appropriate moves. Qnce you figure out the right action, assemble the means to implement it correctly and then proceed. That is what a good
trader does. He or she sets out a programme either through the use of a computer or through some other method to achieve a designated objective. In my case, I thought that de-emotionalizing the markets was the right way to approach the idea of consistent returns. If that is not exciting enough for some people in the business, then so be it. I don': trade for excitement; I trade for profits.'
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