Was playing with my kids on an oceanic beach. One where it gets deep quickly and the waves are big. The parallels with markets are astounding.
Playing the game where you need to get as close to the water, but get back with dry feet is like active trading. Exhausting. Also, the best way to keep your feet dry is to just not play. Long-term - pretty much everyone gets their feet wet at some point and loses. Can be played successfully though, but only if you’re super careful, and not really a super competitive person.
But there’s more.
Holding is like breaking through the break line and swimming beyond it. Much more peaceful. You just swim and bob up and down with the waves. Not struggling to stay up, not getting sandblasted on every wave. From the coast you look like a madman, especially when the bigger waves come. From your pov though you just bob up and down there and watch people getting rekt at the break line. Also, it takes some manning up, especially if the waves are big, and the water is deep beyond the break line.
Crazy how two completely unrelated processes can have so many parallels just because the systems are both stochastic, and involve people interacting with them.