Why Is The Obvious Not So Obvious?

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

  1. nysestocks

    nysestocks Guest

    A few words.

    Some people are genuinely frustrated by what the markets have "done" to them over the last year and a half, or so!

    The market can only do to you what you let it do!

    Trading is gambling, whether one accepts it or not, or wants to call it by some other term, the fact of the matter does not, nor will ever, change!

    The first step should be to preserve your capital "at all costs", until you have it figured out in your head, and until such time as you can make money after a set number of trades, when you add up your losses and subtract them from your winnings - this will of course be different for everyone, as some will daytrade, some swingtrade and others will position trade.

    Time available, and family commitments, are as much importance as learning the required "skills" - which I should not have to mention for anyone who is seriously considering trading as a fulltime money making business.

    Trading is one of the hardest jobs to master, and yet is also one of the easiest - the one that it ends up being, is totally in the hands of the individual, and no one else!

    Of course one can learn from someone else, but even if one were shown what it is that works best, until such time as the picture is as clear as day, it will not make any real difference.

    A trader needs to get to the point where it does not bother him/her if they trade for a few days, a few weeks, or even a few months!

    The markets are going nowhere, and there will always be an opportunity to take money from other traders, providing you have enough money left to trade effectively, and wisely!

    Leverage can ruin a trader both financially and emotionally - so only use leverage when you are in complete C.O.N.T.R.O.L, otherwise you might as well give the money to charity and know that it is at least doing some good in the crazy world we now live in!

    It can also help a person greatly to "KNOW" that there are no experts in the trading game - those that pretend to be so, you will find, will always have an alternative reason for being "so generous" with sharing what they have learned - and it just so happens that the alternative reason is, and will always be, money!

    It is very wise to look at everyone as being silly and stupid - and I am not being sarcastic, just speaking some truth from what I have learned over the years!

    If you do not believe that "the only thing I know is that I know nothing" - then you will never open your mind to far greater and better things.

    Our education system has a lot to answer for, along with our many "religious" customs, but the only thing that you need to worry about when trading, is yourself, and let all the other silly idiots do what they like in the world!

    When you have made a good bit of money, then you can help who ever you want yourself, and not rely on others to help them for you - which, and yes, you all know this but do not admit it, just does not work, for many obvious reasons, and the main one being that those who need the help (majority) are not getting
    the help they so desperately need, and it is not the "money" that makes the real difference, for we all see that throwing money at serious social problems just will not work!

    I wonder what helps' people the most - it should be very "obvious" by now!
     
    #411     Apr 5, 2009
  2. No Talking
     
    #412     Apr 5, 2009
  3. no thinking :)
     
    #413     Apr 5, 2009
  4. NO EGO
     
    #414     Apr 5, 2009
  5. No bias
     
    #415     Apr 5, 2009
  6. no inhaling coke :)
     
    #416     Apr 5, 2009
  7. nysestocks

    nysestocks Guest

    Not sure about inhaling coke, but drinking coke is very bad for you:D

    When somebody drinks a Coke watch what happens…

    In The First 10 minutes: 10 teaspoons of sugar hit your system. (100% of your recommended daily intake.) You don’t immediately vomit from the overwhelming sweetness because phosphoric acid cuts the flavor allowing you to keep it down.

    20 minutes: Your blood sugar spikes, causing an insulin burst. Your liver responds to this by turning any sugar it can get its hands on into fat. (There’s plenty of that at this particular moment)

    40 minutes: Caffeine absorption is complete. Your pupils dilate, your blood pressure rises, as a response your livers dumps more sugar into your bloodstream. The adenosine receptors in your brain are now blocked preventing drowsiness.

    45 minutes: Your body ups your dopamine production stimulating the pleasure centers of your brain. This is physically the same way heroin works, by the way.

    >60 minutes: The phosphoric acid binds calcium, magnesium and zinc in your lower intestine, providing a further boost in metabolism. This is compounded by high doses of sugar and artificial sweeteners also increasing the urinary excretion of calcium.

    >60 Minutes: The caffeine’s diuretic properties come into play. (It makes you have to pee.) It is now assured that you’ll evacuate the bonded calcium, magnesium and zinc that was headed to your bones as well as sodium, electrolyte and water.

    >60 minutes: As the rave inside of you dies down you’ll start to have a sugar crash. You may become irritable and/or sluggish. You’ve also now, literally, pissed away all the water that was in the Coke. But not before infusing it with valuable nutrients your body could have used for things like even having the ability to hydrate your system or build strong bones and teeth.
     
    #417     Apr 5, 2009
  8. nysestocks

    nysestocks Guest

    One does not have to take drugs to experience the reality of life, as the brain can be stimulated more effectively by certain ways of thinking.

    Trading is like a drug - but you must realize this before you start "taking" it, else you run the risk of becoming addicted and ruining your life that you have worked so hard for over the many years!

    As mentioned, the majority way of thinking does not help the individual, and it will never do so, as History proves this since time first started to be recorded!

    Read what you must, not what you like!

    http://www.scotttinley.com/pdf/AldousHuxley.pdf

    Near the end of his life Aquinas experienced Infused Contemplation. Thereafter he refused to go
    back to work on his unfinished book. Compared with this, everything he had read and argued about
    and written - Aristotle and the Sentences, the Questions, the Propositions, the majestic Summas-was no
    better than chaff or straw, For most intellectuals such a sit-down strike would be inadvisable, even
    morally wrong. But the Angelic Doctor had done more systematic reasoning than any twelve ordinary
    Angels, and was already ripe for death. He had earned the right, in those last months of his mortality, to
    turn away from merely symbolic straw and chaff to the bread of actual and substantial Fact. For Angels
    of a lower order and with better prospects of longevity, there must be a return to the straw. But the man
    who comes back through the Door in the Wall will never be quite the same as the man who went out.
    He will be wiser but less cocksure, happier but less self-satisfied, humbler in acknowledging his
    ignorance yet better equipped to understand the relationship of words to things, of systematic reasoning
    to the unfathomable Mystery which it tries, forever vainly, to comprehend.
     
    #418     Apr 5, 2009
  9. no pants
     
    #419     Apr 5, 2009
  10. nysestocks

    nysestocks Guest

    You’re back:D

    Although wearing "no pants" is very relieving at times, you are putting yourself at risk of getting a little "chill", so maybe change into a tracksuit when trading, as it allows more movement - you can stretch your legs as far apart as they will go, which can be very relaxing at times:D

    The "N" I am thinking of has not been mentioned as of yet.
     
    #420     Apr 5, 2009