The Market repeats itself because people don't change

Discussion in 'Trading' started by Bad_Badness, Aug 27, 2024.

  1. Bad_Badness

    Bad_Badness

    So this poster, over 100 years old still applies. When I read about people trading here on ET, I often think of this..... Worth a laugh.

    upload_2024-8-27_11-17-17.png
     
    Picaso, MACD, comagnum and 7 others like this.
  2. nitrene

    nitrene

    It looks a lot like the board game LIFE by Milton Bradley. I remember playing it all the time back in the late 1970s.

    It also reminds me of the "Space Seed" episode from the original Star Trek show. The Khan character says that technology changes but human nature never does. This was after he had awoken from 200 years of cryogenic freeze.
     
    Badkarma, Bad_Badness and Handle123 like this.
  3. Overnight

    Overnight

    That is craptastic.

    Deal with Escher, man. He is no joke, and fucks with your brain.

    eacher.jpg
     
  4. Peter8519

    Peter8519

    Just to borrow what Alex Elder said, "No broker in this world would take order at the middle of the chart." They only take order at least one tick before the right edge of the chart.
     
    Sekiyo, MACD and padutrader like this.
  5. SunTrader

    SunTrader

    Bad Business Methods, Bad Memory, Bad Reputation and Bad Habits. How come no Bad_Badness? :)
     
    Bad_Badness likes this.
  6. Bad_Badness

    Bad_Badness

    I have stayed at the "Hotel Know it all" but left and never returned, except maybe once or thrice stayed at the bar, and have been wet more than a few times in the "river of failure".

    The screen name come from reminding me that there are trades that do go bad, but to avoid the really, really bad, badness of the lot. I.e. avoid the blow out at all costs.

    I see a lot of newbies that could benefit from studying this poster....
     
    SunTrader likes this.
  7. This is great, and The Answer happens to be a mechanical system that requires getting aboard, sitting still, and waiting until it arrives at the end. Proof that trend following actually works?

    :D
     
    HawaiianIceberg likes this.
  8. Shax

    Shax

    [​IMG]
     
  9. Bad_Badness

    Bad_Badness

  10. maxinger

    maxinger

    upload_2024-9-2_9-5-16.jpeg

    This reminds me of Brock's eat sleep repeat thing.
     
    #10     Sep 1, 2024