Interesting, thanks for the feedback. Currency Trading âºâº Forex Trading âºâº Leverage http://www.elitetrader.com/vb/showthread.php?s=&threadid=39308&highlight=leverage
WB made a facetious remark . Ted Turner also said: "If you want to have money, keep it!" Let's not concentrate on the 95% crowd: I'm convinced that the other 5% practice good money management, and rely on a lot of theoretical knowledge.
I'm sorry. I'm definitely not interested in proving anything. If you find something useful in my posts take it, if you have something useful yourself share it. So far I didn't learn anything from your posts. You just wasted my time. At least you have humor to call yourself nononsense and post mostly nonsense .
Perhaps. Now tell me about "The theory" used by what you call the 5%. Saying "I'm convinced that ..." doesn't sound very convincing to a mathematician. It doesn't to a speculator either. If you can't come up with your "lot of theoretical knowledge", I will keep you waiting with the "95% crowd" till you do. nononsense
You're really spoiling me! I love your kind of guys. The main vocation of nononsense is to bring the more outrageous nonsense to the attention of the more subtile minded speculating public. (It's the only thing that can help people learn how to make money.) nononsense
Q Claude Bernard quotes http://chatna.com/author/bernard.htm Mediocre men often have the most acquired knowledge. Claude Bernard It is what we know already that often prevents us from learning. Claude Bernard Man can learn nothing unless he proceeds from the known to the unknown. Claude Bernard Men who have excessive faith in their theories or ideas are not only ill-prepared for making discoveries; they also make poor observations. Claude Bernard The experimenter who does not know what he is looking for will not understand what he finds. Claude Bernard UQ
Q Douglas MacArthur quotes http://chatna.com/author/macarthur.htm There is no security on this Earth; there is only opportunity. You are as young as your faith, as old as your doubt; as young as your self-confidence, as old as your fear; as young as your hope, as old as your despair. In war there is no substitute for victory. No man is entitled to the blessings of freedom unless he be vigilant in its preservation. You are remembered for the rules you break. Age wrinkles the body. Quitting wrinkles the soul. I have known war as few men now living know it. It's very destructiveness on both friend and foe has rendered it useless as a means of settling international disputes. UQ
Q Murphy's Law for Commodity Traders http://www.smallgrains.org/Springwh/jun98/rambling.htm For every expert who says prices are going up, there is one who says they are going down. Everyone has a trading strategy that won't work. If you can drink it, don't trade it. The market is not logical; it is psychological. The successful speculator is one who dies before his time comes. If you drop a dead cat far enough, it will bounce. The market goes your way the day after your stop was hit. The big move begins the day after your option expires. He who sells uncovered options goes broke. If you feel like doubling up a profitable position, slam your dialing finger in the drawer until the feeling goes away. The perfect strategy works every time until you start using it. If your strategy seems to be working well, you haven't been using it long enough. The guy who owns the horse when it dies is the loser. When it comes to luck or skill, you can't beat luck. Pigs won't eat $5 corn or $500 meal. When the plate of cookies goes around the table, don't forget to take a couple. When the market is wrong, it doesn't pay to be right. He who sells what isn't his'n, pays the price or goes to prison. Be right; sit tight. The best way to make a small fortune is to start with a large one. He who knows doesn't tell, he who tells doesn't know. When you're hot, when you're not, take a vacation. The market knows more than the sum total of everyone in it. What everyone knows ain't worth knowing. The market will do whatever is necessary to fool the majority. Fundamentals are seldom what they appear to be. If you always do what you've always done, you'll always get what you've always got. The first five letters of "broker" spell "broke." The market punishes those who make mistakes. UQ