The most important aspect of any trading decision is never the condition of the market, but rather that of your own position. The trick is to be constantly moving toward a position of strength, both within an individual trade and within the marketplace at large. Just like basketball, chess or any other activity that requires focus, you know you’re in the “Zone” of trading when you start playing for position, not for points.
Jonathan Hoenig, Portfolio Manager
Capitalistpig Hedge Fund LLC
Capitalistpig Hedge Fund LLC
