Why Is The Obvious Not So Obvious?

Discussion in 'Risk Management' started by nysestocks, Jan 25, 2009.

  1. now some will say..too much today
    u can not show..what others know
    but know u this..it is all piss
    what matter most..is not to boast

    the distance be..what eye will see
    and why it so..most will not know
    when fools are in..big laugh kingpin
    with no real fear..to cause a tear

    he is so fat..as he big cat
    with bags galore..and many more
    a mil or two..is but a few
    while other tick..fat cat not thick:D

    u must decide..where is the tide
    for tide will flow..too and fro
    as light is day..and sun makes hay
    when tide do ebb..see spiders web:D

    [​IMG]
     
    #2321     Oct 26, 2011
  2. This concept is very important to get straight ASAP.

    Most people approach trading as "learning failure"

    Reading and being taught by a teacher do not work.

    Making mistakes and correcting them doesn't work either, simply because there are sooo many mistakes available to make.

    Inventing an approach doesn't work either.

    Neither does luck.

    The only things you have ever learned were not learned in any way except one.

    Stick with what you have learned and figure out how you did it.

    Small reminder: The financial industry and its people do not know how to make money and they keep proving it. Fees and commissions is what makes them the money they do make.

    There are many many marginal people in the trading rackets.
     
    #2322     Oct 26, 2011
  3. now jack did say..no word astray
    he is not bad..when he a lad
    some times he go..out in the snow
    and get so cold..that he be bold:D
     
    #2323     Oct 26, 2011
  4. one more to show..what others know
    and know u this..it all still piss
    RN no fool..he went to school
    to have some more..will even score:D

    [​IMG]
     
    #2324     Oct 26, 2011
  5. Fuk all you have,
    and you stole that.
    You can't give away,
    what isn't yours,
    and you say not to boast?.

    You can't make hay,
    with what you have,
    and I'm glad to see,
    that you learned not,
    to put butter on your toast.



    :D :mad: :p :cool: :eek: :confused: :( :)
     
    #2325     Oct 26, 2011
  6. Redneck

    Redneck


    Yeah but we gotta keep it real TO


    I did say long initially

    But once I started getting a little heat :eek: :) ., buckled and reverse to a short

    (Damn I should have followed my plan)

    ====================================================================================

    Now a trader – would have willingly acknowledged the loss…, accepted it.., then moved on… Probably even reversed and caught the lion’s share of the move up - negating his/ her loss, and then some

    A non trader – is probably still short… and hoping price returns some day

    (Being wrong – ain’t nothing but a thang…)


    Just a couple of things to ponder

    RN
     
    #2326     Oct 26, 2011
  7. v34rm

    v34rm

    It's funny that only v34rm know's what are you talking abbout !!!!!!!
     
    #2327     Oct 27, 2011
  8. Vienna

    Vienna

    Thanks Jack!

    This (holding from FTT to FTT) is my next and highest aspiration for sure.
    Am still in an Entry and Exit mode, often get out too early etc...but working on it.
    Incredible display today of what is possible even on the coarse level.

    Love the logging btw, very satisfying activity...:)

    I turned the page format sideways, which allows me to note the gaussians on the log as they occur on the chart...tracking the P's and the T's....

    Best,
     
    #2328     Oct 27, 2011
  9. Vienna

    Vienna

    Didn't take the 2nd attachment
     
    #2329     Oct 27, 2011
  10.  
    #2330     Oct 27, 2011