What Sun Tzu Wrote:
“Thus the energy developed by good fighting men is as the momentum of a round stone rolled down a mountain thousands of feet in height.”
What This Means to the Modern Financial Professional:
There are rarely level playing fields in the financial services industry. To think otherwise is to be naive. Momentum and perfectly timed tactics will enable the FP to make optimal use of resources and opportunities, regardless of how formidable the opposition. This approach to business strategy requires patience to select the right time to engage, even in the face of a much larger formidable opponent. In this section, Sun Tzu also explores direct and indirect methods of attack, to capitalize on the ebb and flow of momentum. Think for yourself and embrace the adage, “Patience is a virtue.” Savvy traders, in particular, know this all too well. They know when to act, and when not to act. Retreat is a valid tactic, only to trade another day. Excellent traders have the talent and wherewithal to utilize their “analytic/rational” brain in order to contain their “emotional” brain, and in turn limit their fear and panic.