Of course he is. I found an old video with him being interviewed, and he said, "my hedge fund takes positions in the stocks that I recommend". He is not lying, he admits the obvious,doesn't say whether they(the fund) go long though. So he's not lying, he is just not saying the obvious. The obvious is obvious, and like what was mentioned earlier, even when you see the obvious you don't see the obvious. Or you see it, but don't bother to research what it is you are seeing. Sometimes horrible things are ignored. You see it but then something short circuits in the brain, and you deny and rationalize that it can't be true. BTW, the obvious I found doesn't relate to him.
Ok, so far i understood: 1. Trading is Gambling 2. Place only low risk bets 3. Take small losses if the bet goes wrong 4. Take small profits if the bet goes right And i know the obvious has everything to do with take low risk bets. And the more you know the obvious the more you get it right.
Ok, so far i understood: 1. Trading is Gambling 2. Place only low risk bets 3. Take small losses if the bet goes wrong 4. Take small profits if the bet goes right And i know the obvious has everything to do with take low risk bets. And the more you know the obvious the more you get it right. I know some of the other guys following here, have had a revelation and have found most of the obvious, if not all. He can't tell you the obvious. It's like taking an open book test and then copying from someone else's paper. And the point I think is, you have to really go deep on this one. If you screw up, you lose. I have lost money. Got whacked bad last week. Not out of the game, but like he said, you got to be like a fighter here. I got a tough brain,been through some bad stuff. This market is like a big shark. I know that for sure. And when you screw up, you will get eaten fast. I got sloppy last week, lost focus and got mentally weak, and I paid for it.
The Oracle, I really appreciate your efforts. My personal problem here is that I need a clear definition first and then a thorough explanation of what it is and why it is what it is. --- If I happen to figure out something on my own I will look for confirmation countless times and often will do quite opposite to what I know to test the accuracy of my discovery. And that's basically how we all learn since the moment we are born. --- Children will do what they are asked to do out of fear of being punished or the prospect of being rewarded for their compliance. Otherwise they will be testing you 'till you turn blue. They are stubborn and rebels because they figure out very quickly that quite often you yourself do things that are opposite to what you say are right things to do. --- In the beginning this thread was so promising. Despite the fact that it has provided for me some valuable insights it remains at the same time the source of confusion. ---
We all see different things depending on prior experience. The picture has some contradictions. It is obviously upside down as indicated by the direction of the tie. More significantly I see a man who is hot and uncomfortable with sleeves rolled up, yet at the same time he feels the need to wear a superfluous piece of clothing around his neck, i.e. a tie. Who is he trying to impress and why did he not think ahead and wear a short sleeved shirt? He is projecting confidence by smiling but at the same time he is unconciously displaying signals that generate doubt.
How long have you been reading this thread? I started months ago. Had a mind jolting about a month into studying this thread and the black box thread. It's what was needed. It was like, almost a nervous breakdown, never had one, and I've had too much happen to ever get to that point. Keep going and pile as much of this into your brain. I go night and day, go to the point of exhaustion where, I don't think I can stand to look at another chart tick anything, it makes me sick. Go to that point, keep going and then push to the point of mental, emotional exhaustion. Buy a stock, at least try what you think. It's hard, scary, and sometimes I get so sick I'm between, almost crying and puking. Sell, get the fear away. Take a breather then read some more. You have to beat the crap out of your brain. I have alot to FICS, some days I don't know if I can do it. KEMDO Fear Indecision Confusion Surprise
Ok, enough, I've written, It's maybe not right for everyone. A strategy. I'm a white belt, here. Like I wrote, and things I've read on ET. It will help other areas of your life, more than just stocks.
Afraid to sound clueless, because of my newness, I'm so far behind, what a blow! BS I've been fed, it got in my head, from Youtube and such don't kou know? So thanks for this teaching, the poems and the preaching, how kind! With the help of this thread, and using my head I hope soon to be bleaching, the green algea scum from my mind.