In Trading you need to plan your trade and follow the plan. This helps us to respond and not react in haste.
Following theory from Sundar Pichai helps to though some more light on that.
A Beautiful quote from Sundar Pichai CEO Google
“At a restaurant, a cockroach suddenly flew from
somewhere and sat on a lady.
She started screaming out of fear.
With a panic stricken face and trembling voice, she
started jumping, with both her hands desperately trying to get rid of the
cockroach.
Her reaction was contagious, as everyone in her group
also got panicky.
The lady finally managed to push the cockroach away
but ...it landed on another lady in the group.
Now, it was the turn of the other lady in the group to
continue the drama.
The waiter rushed forward to their rescue.
In the relay of throwing, the cockroach next fell upon
the waiter.
The waiter stood firm, composed himself and observed
the behavior of the cockroach on his shirt.
When he was confident enough, he grabbed it with his
fingers and threw it out of the restaurant.
Sipping my coffee and watching the amusement, the
antenna of my mind picked up a few thoughts and started wondering, was the
cockroach
responsible for their histrionic behavior?
If so, then why was the waiter not disturbed?
He handled it near to perfection, without any chaos.
It is not the cockroach, but the inability of the
ladies to handle the disturbance caused by the cockroach that disturbed the
ladies.
I realized that, it is not the shouting of my father
or my boss or my wife that disturbs me, but it's my inability to handle the
disturbances caused by their shouting that disturbs me.
It's not the traffic jams on the road that disturbs
me, but my inability to handle the disturbance caused by the traffic jam that
disturbs me.
More than the problem, it's my reaction to the problem
that creates chaos in my life.
Lessons learnt from the story:
I understood, I should not react in life.
I should always respond.
The women reacted, whereas the waiter responded.
Reactions are always instinctive, whereas responses
are always well thought of, just and right to save a situation from going out
of hands, to avoid cracks in relationship, to avoid taking decisions in anger,
anxiety, stress or hurry.
A beautiful way to understand............LIFE."
