stoictrader

Stoic Trading

In Uncategorized on January 2, 2012 at 5:30 pm

Stoicism teaches the development of self-control and fortitude as a means of overcoming destructive emotions; the philosophy holds that becoming a clear and unbiased thinker allows one to understand the universal reason.

The Stoic ethic espouses a deterministic perspective; in regards to those who lack Stoic virtue, Cleanthes once opined that the wicked man is “like a dog tied to a cart, and compelled to go wherever it goes.” A Stoic of virtue, by contrast, would amend his will to suit the world and remain, in the words of Epictetus, “sick and yet happy, in peril and yet happy, dying and yet happy, in exile and happy, in disgrace and happy,” thus positing a “completely autonomous” individual will, and at the same time a universe that is “a rigidly deterministic single whole.”

I hope to use this blog and twitter to apply some of these elements to trading.

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