Happy Chinese New Year!

Chinese New Year happened this weekend.

So, Gong Xi Fa Cai … which translates to "Best wishes for a prosperous New Year!"

Often, Jennifer and I go to Indonesia to celebrate with Jen's family, but this time we stayed home and celebrated here. 

via Statista

On New Year's it is a lot easier to celebrate when you have a party to go to ... The trick is finding the celebration in the first place.

It's interesting to think about how many New Year celebrations there are.  In addition to Chinese New Year, Muslims have Hari Raya Idul Fitri; Jews have Rosh Hashanah; of course, there is January 1st (and many others).

Which is correct?  I think the answer is all of them.  Regardless of your chosen New Year, it provides an opportunity to celebrate, share, reflect, plan, and commit to the right actions.  If you've already fallen off the wagon of your new year's resolutions, this can be your reason to get back on them. 

As I think about it, the same principle applies to trading.  It's all a matter of perspective.

At some level, there really isn't a correct answer as to which trading style is best.  The best technique is the one that works.  Trading styles go in and out of phase, and if you get too attached to a particular technique, you can too easily get detached from profit.  As any experienced trader can tell you, edges decay, people catch on, and trends change.

As businesses increasingly adopt Artificial Intelligence, the way forward is becoming evident.  This involves utilizing AI to selectively activate and deactivate specific capabilities based on their effectiveness.

In trading or business, while no single method is guaranteed to succeed, there is always a method that can be effective.  You just have to be flexible enough to know what you want and still be willing to accept something better.