It certainly can wipe you out, but not when you know how to spot the correct situations and also apply good risk mgmt. Its way too complicated to...
Right, there is a big different between strategic averaging vrs blind hope averaging. Strategic avging can earn you a very high winning...
My perspective is intraday, thats what I am speaking about when I mention subtleties and context. Anything outside of that is a different...
Not really. More like when you understand the subtleties of the markets you know when avg up/down is a safe play vrs when it is an absolute no no....
After being wrong for 6+ months....
I concur, the thought and effort put in by the OP is just outstanding. Does anyone have any gold stars to give out?
i love bush too...oh wait...what are we talking about here :p
The OP doesnt understand CONTEXT, that is the key to everything.
I think he's finishing up his paper route.
Don't worry, stock_trad3r will be here soon to tell us this is no big deal. Its all mental.
Average up/down works amazing when you understand CONTEXT. Meaning you know that price tends to overshoot but the real direction lies in waiting....
Usually when I talk about other, newer model, computers
You always think its prudent to go long, how has that worked out for you over the last 6 months?
You are right, no big deal. People can just pluck money from their money trees. Everything will be just fine.
Gooooo Stock_Guess3r!
Isn't a definition of insanity, doing the same thing over and over expecting different results? If you don't "get" how to behave on ET and keep...
If they are smart, the ones with money will buy small farms or plots of land and learn the skills needed for self sufficiency.
The thing you need to learn is, it doesnt matter what your opinion is. If your opinion isn't based on what's taking place, then you'll be proven...
Says the praying man who is down huge on paper and begging for a turnaround :p
And yet they are. Funny how that happens, you think and feel one way and the markets do the opposite. Since the markets are always right, well,...
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