How often you're 80%-100% sure ?

Discussion in 'Psychology' started by Nobert, Dec 6, 2019.

How often are you sure, that this single trade will work out ?

  1. 20% - making many shots, most fail, but few win big.

    4 vote(s)
    25.0%
  2. 40%

    0 vote(s)
    0.0%
  3. 60%

    4 vote(s)
    25.0%
  4. 80%

    6 vote(s)
    37.5%
  5. 100% - don't trade that often, but when i do, this is it.

    2 vote(s)
    12.5%
  1. easymon1

    easymon1

    mr scataphagos
    words of a survivor, no?
    A stock show analyst said Lehman Brothers was a textbook example of a 'buy', very shortly before they filed for bankruptcy. Run Children! lol.

    What happens when that doesn't work out?

    2019 1206 what me worry.png
     
    #11     Dec 6, 2019
  2. Nobert

    Nobert

    As if that happen out of the clear sky.

    ,, A stock show analyst said "

    A financial institution , full of disfunctioning hausing loans.

    Like SME, sooner or later. Disfunctional student loans.
    (just an example,not sure tho, haven't checked their situation specificly)

    The only ones who listen to those analysts and are 100% sure, well, not that much to say about those folks. I only know that youtube and yahoo comment section , has lots of them.

    Why Warren was 100% about BAC not falling while he refused to save LB ?

    I guess, the BAC was too big of a name to fall, from the international reputation perspective, while LB, - who da hell cares about em.

    ,, In order to win, you have to bet against the concensus and be right " - Dalio


    Reading between the lines, when choice comes in front, LB or BAC.
     
    Last edited: Dec 7, 2019
    #12     Dec 7, 2019
  3. deaddog

    deaddog

    I'm always 100% sure a trade will work out.

    I'll either take a loss or a gain as per plan.

    I just can't be sure which.
     
    #13     Dec 7, 2019
    drcruz, Evgeniy and Nobert like this.
  4. You can't protect yourself 100%.... especially from a "fundamental from out of the blue". Best you can do is to have hard stop in place.

    "Going Big" is always an additional hazard.
     
    #14     Dec 7, 2019
    Nobert likes this.
  5. Just try not to lose your shirt.

    upload_2019-12-7_11-24-55.jpeg
     
    #15     Dec 7, 2019
    Nobert likes this.
  6. I know for sure 99% of stocks listed in the OTC and pinksheet markets are scams and all will be worthless in 5 years and mostly for money laundering and that crytocurrency markets is rigged ponzi scheme and same with the stock market I'm 100% sure it's a scam.
     
    #16     Dec 7, 2019
  7. as a person, the 'market' or stock market or futures market is a scam and ponzi scheme and prices are rigged and manipulated. by the gov't or the people who control the individual stock or control the commodity.
     
    #17     Dec 7, 2019
  8. ironchef

    ironchef

    I trade like a venture capitalist.
     
    #18     Dec 7, 2019
    murray t turtle likes this.
  9. deaddog

    deaddog

    That's a lottery bet is it not; Either make a pot full or loss it all.
     
    #19     Dec 8, 2019
  10. %%
    Many times greater than 80%;
    JAN stock forecaster/12 months. BUT if + when it fails; be careful around SEPT, as in SEPT 1987 LOL/true:D:D,:D:D:D:D:D:D:D
     
    #20     Dec 8, 2019
    ironchef likes this.