If in doubt...stay out.

Discussion in 'Trading' started by lindq, Dec 11, 2018.

  1. Exactly. You need a far longer term analysis. EG here are the winning accounts for 2008. Here are the winning accounts for 2009. Did any survive?

    All the published data out there is riddled with survivorship bias.
     
    #21     Dec 12, 2018
  2. The trade is according to your rules or it is not? Doubt means your entry parameters are fuzzy. If in doubt, work on why.
     
    #22     Dec 12, 2018
  3. fan27

    fan27

    You mean..."If in doubt, work it out". That's a good one!
     
    #23     Dec 12, 2018
    The Futures Farmer likes this.
  4. if in doubt about your strategy / system stay out.
     
    #24     Dec 12, 2018
  5. Handle123

    Handle123

    George Costanza?

    I use to be often wrong and on the losing edge,

    I am still often wrong but now always Hedged.

    Use to take off half to make up lemons,

    Hedging allows for more capital appreciations.
     
    #25     Dec 12, 2018
    vanzandt and Scataphagos like this.
  6. That's kind of like a limerick. (Minus "The boy from Nantucket", of course.) :)
     
    Last edited: Dec 12, 2018
    #26     Dec 12, 2018
    Handle123 likes this.
  7. Overnight

    Overnight

    Reminds me of Star Trek.

     
    #27     Dec 12, 2018
  8. billv

    billv

    Also, what they are not telling us is how profitable the profitable accounts were.
    I bet that only a small percentage are profitable enough to ensure their long term survival
     
    #28     Dec 15, 2018