PRINCIPLES OF GREAT TRADERS

Discussion in 'Trading' started by Sekiyo, Jul 11, 2023.

  1. Sekiyo

    Sekiyo

    2 Quotes from Battle for Investment Survival (Gerald Loeb)

    The difference between consistently successful investors and everyone else is their ability to seize opportunities and limit costly mistakes.

    The way to successful investment lies much more in learning how to utilize your best thoughts and minimize your worst rather than in being better at selection or better at timing than the average.
     
    Last edited: Jul 22, 2023
    #51     Jul 22, 2023
    murray t turtle and Darc like this.
  2. %%
    OK;
    + the'' machine that learns '' was still programmed by a human.
    Still i like my machine figured, 200dma[Not artificial LOL].
    With discretion anyway+ 100 + years of data:caution::caution:
     
    #52     Jul 24, 2023
    ironchef, MarkBrown and Sekiyo like this.
  3. MarkBrown

    MarkBrown


    TRUTH - AI will never B>Human
     
    #53     Jul 24, 2023
    murray t turtle likes this.
  4. %%
    TRUE/partly true anyway;
    Bill RGR + his Gatlin' Gun machine = king LOL+ true:D:D[Human hand cranked:caution::caution:.............................................................................................................................]Not a stock tip, but that gun co/RGR is on a great long term/trend uptrend
     
    #54     Jul 25, 2023
    MarkBrown likes this.
  5. SunTrader

    SunTrader

    Variability exists. Luck doesn't.
     
    #55     Jul 25, 2023
    Sekiyo and murray t turtle like this.
  6. Sekiyo

    Sekiyo

    Holy Crap.
    God doesn't play dice.
     
    #56     Jul 25, 2023
  7. %%
    LOL.M Webster dictionary uses luck this way =''the loser muttered something about bad luck.'':D:D
    And'' I had no luck in finding an apartment. '';
    then buy some real estate instead of renting it.LOL
    Larry Mint Hite + Dave Ramsey bought a bunch of rentals. I like some green belt farmland + ETFs, some cash + some leveraged.
    200dma helps ;
    with a lying-cheatin \
    cold dead beatin'
    double dealing-
    mean mistreating\
    2 timing /
    lovin' heart/ PattyLoveLess song. Born 1957 Pikeville KY, oldest of 7 kids. Married mr Lovelace thus her last name play on words Loveless:caution::caution:
     
    #57     Jul 25, 2023
  8. ironchef

    ironchef

    If I lose it is due to bad luck.

    When I win, it is because of my outstanding skills.
     
    #58     Jul 29, 2023
    Sekiyo likes this.