Archive | March, 2016

Yoda Quote #6, “Clear Your Mind Must Be…”

This is a continuation of the Trading Words of Wisdom By Yoda, for Quote #7 click here.

6. “Do not assume anything Obi-Wan. Clear your mind must be if you are to discover the real villains behind this plot.” – Attack of the Clones

cf588b64c7e321edf8e3ce5713dd22bb

When Obi-Wan discovers the secret clone army being made for the Galactic Republic on the planet Kamino, he’s puzzled by who requested the order of the clones. He’s also searching for the assassin involved with the plot to kill Senator Amidala. The creation of the clones and the assassination attempts on Amidala don’t seem to be connected, but Yoda wisely warns Obi-Wan not to assume anything. Most of the time it’s easier to see connections and solve problems when you’re calm and not distracted by what you don’t understand. We should ponder and explore what we don’t know, but not let it control our thoughts. When our minds get caught up emotionally in our problems, it becomes hard to think and see clearly.

It can be hard to know what’s real or fake in this world. Con artists want you to be caught up with your problems or goals emotionally so that you don’t see clearly who the real villains are. They want you to think you’re running out of time or can’t afford to miss the opportunity. The best way to find out truth is to ask questions–lots of questions. Take the time to think and research. There might be something that you can’t see from the surface, and you don’t want to be caught off guard by a rise in the dark side. Clear your mind, do your homework, and trust the facts.

Happy Trading, and May The Force Be With You!

For Quote #5 click here.

Comments { 0 }

Yoda Quote #7 “Size Matters Not”

This is a continuation of the Trading Words of Wisdom By Yoda, for Quote #8 click here.

7. “Judge me by my size, do you?” The Empire Strikes Back

Yoda may not look like a formidable foe, but that’s a little green guy you do not want to mess with! This quote is from when Yoda explains to Luke Skywalker that while he might be small, he is an ally to the Force-which is strong and flows through everything. The Force is power, and when a Jedi can feel the Force surrounding them and connecting them to something as trivial as the trees in the forest or the rocks resting in the swamp, then they become powerful as well.

We shouldn’t disregard size, but we definitely shouldn’t judge or be intimidated by it. We should be aware of how things are connected and influence each other. There might be some who throw large amounts of money into the market, gambling that they’ll strike it big. Some might boast of large position sizes, but judge not by their size! The market is bigger than a small pond, and a couple of “big fish” aren’t going to rule it. The importance is understanding the market: how it moves, its trends, or how it is affected by events. We don’t control the market–we work with it. It can be good to trade small, because you are testing and developing your trading strategy. With a small position size, if a trade goes badly you can control damage and regain your ground. So if you’re still in training, young Jedis, judge not by your size!

Happy Trading, and May The Force Be With You!

For Quote #6 click here.

Comments { 0 }

Yoda Quote #8 “Excitement…Jedi Crave Not These Things”

This is a continuation of the Trading Words of Wisdom By Yoda, for Quote #9 click here.

8. “Adventure. Excitement. A Jedi craves not these things.” The Empire Strikes Back

star-wars-character-yoda-handout-651712929Some might say that the word Investor replaces the word Jedi quite well in this sentence; for some reason, the glamorous life of investing just doesn’t pull to some people. However, being a boring investor can equal some exciting returns when it’s time to retire.

Consider the life of a Jedi: flying through space, fighting bounty hunters, saving a planet. It sounds like the life of adventure dreamed of by little boys, so why would Yoda say that a Jedi ‘craves not these things?’ It is because a Jedi’s role is to serve and protect, not seek the adrenaline rush of fighting for your life. It also takes many years of dedicated training to be master the force. Given the choice between fighting enemy droids or establishing peace in the galaxy, my bet is that Yoda would choose peace.

It’s a common question, ‘What would you do with a million dollars?’ The exciting answers are skydiving, buying a mansion, or an African safari. Yet, most millionaires follow ‘boring’ investment strategies. We want a balanced portfolio that will maximize our returns–without a lot of active participation and stress. Our role is to grow and protect our portfolio, not to enjoy the temporary power rush of a shopping spree. Just like training to be a Jedi (ok, maybe not just like), it takes years of discipline and repetition (boring) to achieve the status of successful investor (cha-ching!). As we’re completing our ‘training’ it’s important not to be sidetracked by ‘hot’ or ‘exotic’ trades–stick to your trading strategy that you’ve developed, trust, and know.

Happy Trading, and May The Force Be With You!

For Quote #7 click here.

Comments { 0 }

Yoda Quote #9 “Use Your Feelings”

This is a continuation of the Trading Words of Wisdom By Yoda, for Quote #10 click here.

9. “Use your feelings, Obi-Wan, and find him you will.” Revenge Of The Sith

image_update_dbd162580cda702b_1360229793_9j-4aaqsk

I know what you might be thinking, “but Master Yoda, we were told never to let our emotions control our trading!” And it’s true, you shouldn’t. We are told over and over again, DO NOT let your emotions control your trading; however, there’s an important difference between emotions and feelings.

*There is a lot of scientific controversy around this topic. If you would like to learn more, you can look up the science behind neuroplasticity and emotions/feelings. For this article, we are stating that there is a difference between emotion and feeling.

Emotions are universal feelings like happy, sad, anger, or frustration, and happen on the physical level (your heart rate increases or fist tightens). Feelings are a reaction or association in your brain to your emotions, and you can learn to master them. Think about the moment when your emotions are triggered. There’s a small gap of time before they translate into actions, within that gap you have the opportunity to discipline your feelings–in turn, directing your actions. Practice training your brain to recognize certain emotional triggers so you have command over what you’re feeling (Master Yoda wasn’t so crazy after all!). Now, when you find yourself in emotional or high-risk situations you can trust what you are feeling, consequently acting instead of reacting.

Happy Trading, and May The Force Be With You!

For Quote #8 click here

Comments { 0 }

Trading Words of Wisdom By Yoda

Over the next couple of weeks, we’ll be sharing some quotes by one of the wisest creatures of all-time: Master Yoda. Yoda_SWSB

His words might have been intended to restore peace to the galaxy, but if you follow his council you will also find the force in your trading. So keep an eye out for the top ten trading words of wisdom from the Emperor’s ‘little green friend.’

Trading Words of Wisdom #10: “That is why you fail.” The Empire Strikes Back

No matter the situation, Yoda will tell it to you straight…in his backwards speech sort of way. Anyways, when Luke utters the words, ‘I don’t believe it,’ after Master Yoda raises his X-wing from the swamp, Yoda replies with these poignant words of wisdom: “That is why you fail.”

We are often told that the sky’s the limit, but really it should be your mind that is the limit. When you decide for yourself that you’re going to do something, you’ve overcome the hardest part. Believing, or trusting, in yourself is the first step to learning how to trade successfully. We’re confident in all of our traders ability to overcome any challenges they’re currently facing, and we’re here to help you! You can do hard things!

Happy Trading, and May The Force Be With You!

For Quote #9 click here

Comments { 0 }

Orlando, Florida Summit Highlights

The Apiary Fund would like to thank everybody for making the Orlando, Florida Summit a success last week! As always, we really enjoy the opportunity we have to meet our traders in person and watch them develop throughout the week. Besides enjoying the sunny Florida weather, here are a couple of highlights from the week.

The Shark Tank

DCIM100MEDIADJI_0009.JPG

Our own little version of the popular TV show, Shark Tank, is quickly becoming one of our favorite events at the summit. First, we have all of the traders break off into groups of four. Then, they work together in their groups to form a trading strategy which they will use for the next couple of hours. Finally, the top four teams will then go on to present their trading plan to the ‘sharks:’ Shawn, Nate, Todd, and Jeff. Each shark will choose a strategy to trade over the next hour, revealing which shark, or trading strategy, will rise victorious. It was close, but Shawn squeaked by with a win by a couple pips.

The $1,000 Accounts

Traders knew heading into the summit that they would be given $1,000 (of real money) to trade with during week; we were pleased to see most traders turning out a profit. However, we were all in for a surprise when Shawn let them keep the account until the end of the month! Everybody seemed excited to be able to go home and continue strengthening the skills they learned the past week.

DCIM100MEDIADJI_0017.JPG

The Apiary Orlando, Florida Summit Traders

We really appreciate everybody who was able to make it to this summit. These events help teach us just as much as they teach you, and most of the time it’s because we are lucky to have such great traders. If you weren’t able to make it to the Orlando, Florida Summit, we hope that we’ll be able to meet, and trade, with you at the next one!

Happy Trading!

Comments { 0 }