If you use stop losses then you are essentially gambling

Well it could be a wxy correction too ..depends on the wave count. Anyway I'm quite happy to dumb myself down for you guys and just post C&H's

Hey anybody chart a Gartley cypher yet? I saw a book on Amazon about gartleys for like $1200

 

"....... real or imagined"

And there you go again.

 

Why? You would have done very well with the magnificent 7, and lot's of others, NVO, LLY.....

 

I might dabble in single companies but would not go in heavy as that would be taking on risk. The goal to my trading is to take zero (long term) risk, and realize zero losses.

 

He said load up and buy the dip..He didn't mention praying

 

Praying won't hurt. I bought the dip on MSFT since 2000 and he was right. But I also bought the dip on other dotcom stocks.

 

And for every 1 of those you mentioned I could probably name 100 that tanked hard and were never seen or heard from again. Hindsight and Cherry Picking is great aint it!

 

Good ol survivorship bias..A friend indeed

 

You could build your own mini-index with several stocks. As little as 10 will provide enough diversifications.

Zero loss, zero risk? Life itself is risky.

 

True, you didn't read my response to @taowave.

But, as Munger said, in life you only need a few good ideas, one or two good stocks will more than make up for the 100. Key is you have to stay in the game for long term.