Understanding Principles: Definition, Examples, and Their Power

Principles are fundamental truths or propositions that serve as the foundation for a system of belief or behavior, or for a chain of reasoning. They are the underlying rules that govern the natural order of things and guide actions and decisions.

Example 1: Integrity

Integrity involves consistently adhering to moral and ethical standards. It means being honest and having strong moral principles. In business, a leader who practices integrity builds trust with employees, customers, and partners. This trust can lead to increased loyalty, better teamwork, and a positive corporate reputation.

Example 2: Adaptability

Adaptability is the ability to adjust to new conditions. In today's fast-paced world, businesses that adapt quickly to changes in the market, technology, or consumer preferences tend to thrive. For example, companies that embraced remote work technologies during the pandemic maintained continuity and even found new opportunities for growth.

Why Principles are Powerful

Principles are powerful because they provide a solid foundation for making decisions and taking actions. They offer a clear framework that helps individuals and organizations navigate complex situations with consistency and confidence. By adhering to time-tested principles, people can achieve long-term success, build meaningful relationships, and make a positive impact on the world.

As traders we run business and various parts of ourselves are responsible for various tasks in these one man operations.

Principles as ultimate truths are not only powerful to stack principle based edges and to fill other holes in the mystery of trading book but they can serve as the guideline on how to get along with oneself.

There is nothing as foolish as to fight among oneself parts and yet as humans we are destined to struggle with dichotomies' and our own inner complexities.

If you struggle with loops of thoughts and with a good and a bad part within yourself or any unwanted trading behaviors you have promised to give up but are still emotionally in this dead end street, than I highly recommend to apply principle based behavior to mitigate inner conflicts to find new ways on how to participate and maneuver through markets without loosing your cool.