Every Loss is Permanent

Discussion in 'Chit Chat' started by thesniper, Jan 14, 2014.

  1. oh shit man, I'm done with you. Go away.

    We're talking about losses, not how many fail.
     
    #11     Jan 14, 2014
  2. it's really just a paucity of math

    if it wasn't otherwise, a majority would be successful

    and then it would be only "average" to be successful

    and anyone who wasn't successful would be below "average"

    it's a little off topic

    I'm the world's worst chess player. I never even won a single match against the "Beginners" computer

    but I read some books

    and a guy won a tournament with practically nothing left but pawns

    that's a lot of losses, big losses

    but he won the match
     
    #12     Jan 14, 2014
  3. slumdog

    slumdog

    I walk into a casino and win 1K on roulette. The casino should shut down because that loss is permanent. The casino shareholders should really think about the implications, will shock them. LOL.
    Casinos lose money a lot of the time too. Every one of those losses is permanent. But they still print money in the long run.
     
    #13     Jan 14, 2014
  4. TskTsk

    TskTsk

    Nothing is permanent in the market. Traders, of all people, should know that.

    Also it doesn't make sense to say "You will never see that 1k again", because money has no product differentiation. 1k is 1k, no matter where it came from. If your profits the next day are 1k, then by definition, you saw that 1k again. What matters is net gain over time.
     
    #14     Jan 14, 2014
  5. another way to look at it

    a man looses the woman he wants

    there will be plenty of women to make up for the lost sex and good times

    but is that woman lost forever?

    hard to know

    maybe just knowing her for that brief time was all you got out of the deal

    is that a win, or a loss?
     
    #15     Jan 14, 2014
  6. I hear ya, It's like when your dog takes off on the full moon after some coyotes, and you figure, "Well, I'll never see him again."

    and he shows up next morning on the porch, waiting for breakfast (with a few chuncks of his ear chewed off.)
     
    #16     Jan 14, 2014
  7. Likewise, every win will remain in your account indefinitely......

    :eek:
     
    #17     Jan 14, 2014
  8. probably the most useful et thread in years right here .

    tells ya something , dont it.
     
    #18     Jan 15, 2014
  9. ras72

    ras72

    OK Care to talk about what shocked you?

    - ras72
     
    #19     Jan 15, 2014
  10. good point

    every penny I ever made trading is there for me

    never, ever to be taken away

    (at least in my perverted mind and memory)
     
    #20     Jan 15, 2014