The 6 Key Trading Principles of Marty Schwartz

Discussion in 'Trading' started by Chuck Krug, Nov 14, 2015.

  1. Peace. I'm sure all the pricinciples are applicable to anyone who is gambling. And who is not gambling? My mother gambled that when she sent me into the unknown (first day at school) I would return no worse for the wear, and maybe even better.

    My only point was somebody tried to make a distinction between gambling and trading. And the pikers think they can outsmart the market with Kelly position sizing. The only one who is not gambling is the guy lost in his delusional notion that he is right. And every so often, one of them hits it big which just perpetuates the myth.
     
    Last edited: Nov 16, 2015
    #21     Nov 16, 2015
  2. qxr1011

    qxr1011

    complete baloney...

    unfortunately (or fortunately :) ) a lot of people believe in it
     
    #22     Nov 16, 2015
  3. I'm sure you could teach a neophyte like Schwartz a lot.
     
    #23     Nov 16, 2015
  4. qxr1011

    qxr1011

    i am sure i can, but i won't: its not my business to tech neophytes :)
     
    #24     Nov 16, 2015
    AAAintheBeltway likes this.