Why Is The Obvious Not So Obvious?

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

  1. rossky

    rossky

    I agree. "Intel inside" = Intellect = The ability to learn and reason; the capacity for knowledge and understanding = Think!

    Think differently. Think right! "Intel" - Spy! Gather intel. Right?
     
    #2421     Oct 30, 2011
  2. xburbx

    xburbx

    Quickly understand what is going on
     
    #2422     Oct 30, 2011
  3. Redneck

    Redneck

    And then??

    RN
     
    #2423     Oct 30, 2011
  4. xburbx

    xburbx

    Ha. I'll get it eventually. "know what to do"
     
    #2424     Oct 30, 2011
  5. Redneck

    Redneck

    And lastly??

    :)

    RN
     
    #2425     Oct 30, 2011
  6. baron193

    baron193

    Its more the: observe, orient, decide, act
    that works for me, without any more analysis.
     
    #2426     Oct 30, 2011
  7. xburbx

    xburbx

    The ooda loop itself. The better you are at each step the better the results of the activity - seems like a fair statement
     
    #2427     Oct 30, 2011
  8. baron193

    baron193

    Well the theory is: the more you do it the better you get at it..
    isn't it?
     
    #2428     Oct 30, 2011
  9. baron193

    baron193

    And i suppose it stands to reason to ask the question:
    if that is all it takes,then why do some traders are still not profitable after ten years?
    because they keep changing "tools" instead of trying to get better using the "tool" they already own.
     
    #2429     Oct 30, 2011
  10. Redneck

    Redneck

    Yes - but in trading unless, you manage your losers well, you run out of money well before the real learning can occur

    RN
     
    #2430     Oct 30, 2011