A message to some day traders.

Discussion in 'Trading' started by Amahrix, Sep 20, 2019.

  1. Amahrix

    Amahrix

    You know I’m curious @tomorton

    What does risk mean to you?
     
    #61     Sep 20, 2019
  2. tomorton

    tomorton


    The only fact here is that its possible to construct an experiment that has random outcomes due to random inputs. That does not support the conclusion that all inputs are random in all groups, nor all outcomes.
     
    #62     Sep 20, 2019
  3. tomorton

    tomorton


    Its good to be curious in life.
     
    #63     Sep 20, 2019
    Amahrix likes this.
  4. Amahrix

    Amahrix

    I want to know @tomorton Do you believe Data is randomly constructed or has a precise intended message (such as the confirmatory signals TA traders use on 15 min candles)?
     
    #64     Sep 20, 2019
  5. Amahrix

    Amahrix

    There’s no curiosity in yours. Your data tells you about the future, right............? What do you know about curiosity?
     
    #65     Sep 20, 2019
  6. tomorton

    tomorton

    I believe price data reflects the conscious wills of the market participants translated into action (purchases and sales). That's not to say the price data has a purpose which is intended.
     
    #66     Sep 20, 2019
    tommcginnis likes this.
  7. tomorton

    tomorton


    No, only enough and only for long enough to make a profit. The game is to make money, not to know most.
     
    #67     Sep 20, 2019
    tommcginnis likes this.
  8. Amahrix

    Amahrix

    The game is to survive, not make money. You end up making money because you.....uhhhh survived.
    “In order to win, you must first survive” - Classic Buffett quote a ninth grader can tell you.
     
    #68     Sep 20, 2019
  9. tomorton

    tomorton


    Buffett wasn't a trader. I never pay any attention to him when it comes to trading.

    The only point of playing the game is to win. Participation isn't mandatory.
     
    #69     Sep 20, 2019
  10. Amahrix

    Amahrix

    The first rule in trading is to survive for me.

    The first rule in trading in your book is to make profit.

    Who’s going to be around in 10 years? We have different priorities.
     
    #70     Sep 20, 2019