Is greed good?

Discussion in 'Wall St. News' started by dealmaker, Aug 20, 2016.

  1. Redneck

    Redneck

    Is greed good?

    Greed is a derivative of fear..., harboring any form of fear is detrimental to a trader


    Ruthlessness is beneficial - in terms of exploiting others..., in terms of not being / getting exploited

    RN
     
    #11     Aug 21, 2016
    lovethetrade and dealmaker like this.
  2. lovethetrade

    lovethetrade Guest

    So you settle for 1 contract and 1 trade per direction rather than 10 contracts and 10 trades per direction, if the opportunity presents itself, because you're not greedy?

    ... Or is that your definition of ruthlessness?
     
    Last edited by a moderator: Aug 21, 2016
    #12     Aug 21, 2016
  3. Redneck

    Redneck

    non sequitur

    You're inquiring on some shit regarding capital utilization..., liquidity..., and trading presented opportunity (setups) - all of which must be addressed and defined in your A&M

    You're also assuming

    RN
     
    #13     Aug 21, 2016
  4. qxr1011

    qxr1011

    i do not need to watch video to tell that greed is good

    one just do not have to understand everything in a literal sense
     
    #14     Aug 21, 2016
  5. dealmaker

    dealmaker

    Then why the maxim?

    "Bulls make money, bears make money, pigs get slaughtered"
    -old Wall Street saying
     
    #15     Aug 21, 2016
  6. Simples

    Simples

    Greed is bad, but better than pure Socialism. Ironically greed also ends up in pure Socialism. So it's ourselves we fix must.
     
    #16     Aug 21, 2016
  7. Humpy

    Humpy

    Most fatties are greedy and look at that result !
    Diabetes, heart attacks at a young age - no thanks.

    Enjoy life and the company of others even if it costs a bit.
    Be the guy that gets the first round in, not the last one grudgingly.
     
    #17     Aug 22, 2016
  8. qxr1011

    qxr1011

    what about it?
     
    #18     Aug 22, 2016
  9. lovethetrade

    lovethetrade Guest

    "excessive or rapacious desire, especially for wealth or possessions."

    Interesting, where's the part that says its a derivative of fear?
     
    #20     Aug 22, 2016