Trade Using Jeet Kune Do
Tuesday, May 25, 2010 at 12:45PM Be Like Bruce Lee My Friend
"Don't get set into one form, adapt it and build your own, and let it grow, be like water. Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Water can flow or it can crash. Be water, my friend." - Bruce Lee.
Given the volatility of today's financial markets it is no longer good enough to rest on one's laurels by playing one's trading systems from yesteryear. Therfore I have abandoned all my old Portfolio123 trading systems. I don't expect they will work for possibly years to come. We are in a different market. Not a growth market, perhaps a long term bear. But certainly a trader's market, not an investors. What I have discovered in the last couple of weeks is that I can make a reasonable profit by short term trading leveraged ETFs. This despite competition from Goldman Sach's high frequency trading computers located right at the trading floor.
"Use only that which works, and take it from any place you find it." - Bruce Lee
from gungfu.com
"Bruce Lee did not invent a new art composite style, nor did he modify a style to set it apart from any existing method. His concept was to free his followers from clinging to any style, pattern, or mold.
The total picture Lee wanted to present to his pupils was that above everything else, the pupils must find their own way to truth. He never hesitated to say, 'Your truth is not my truth; my truth is not yours.
Bruce did not leave a blueprint, but rather a series of guidelines to lead one to proficiency. In using training equipment, there was a systematic approach in which one could develop speed, distance, power, time, coordination, endurance and footwork.
But Jeet Kune Do was not an end in itself for Bruce--Nor was it a mere by-product of his martial studies; it was a means to self discovery. JKD was a prescription for personal growth; it was an investigation of freedom--freedom not only to act naturally and effectively in combat, but in life. In life, we absorb what is useful and reject what is useless, and add to experience what is specifically our own."
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