Why Is The Obvious Not So Obvious?

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

  1. J_Smith

    J_Smith

    You have control over everything you do, even though you might think otherwise!

    A loser should be got rid of when it has hit your stop price - never ever move a stop out, as, even though you might win that particular trade, it will bite you in the ass some day, and it might just happen to be a black swan day!

    Many trade from the hip, hoping the bullet will hit the target, but not realizing that in order to win, you must lose...correctly!

    We keep repeating the same stuff over and over, in the same way as we must keep repeating our trades the same way over and over.

    When you get bored, you know you are there, for, excitement is for idiots who want to throw away their money to others.

    However, as there is always a catch, unless one learns to differentiate between high and low risk trades, then, one is just pissing against the wind, and would be much better off to put the money in a bank account for the kids, or grandchildren.

    How does one differentiate?

    Simple, look at your watch!

    J_S
     
    #5121     Mar 19, 2016
  2. Something to do with volume and price? :)
     
    #5122     Mar 20, 2016
  3. J_Smith

    J_Smith

    J_S

    Screen Shot 03-30-16 at 08.17 PM.PNG
     
    #5123     Mar 30, 2016
  4. J_Smith

    J_Smith

    J_S

    Screen Shot 03-30-16 at 08.32 PM.PNG
     
    #5124     Mar 30, 2016
  5. J_Smith

    J_Smith

    J_S

    Screen Shot 03-30-16 at 08.51 PM.PNG
     
    #5125     Mar 30, 2016
    steven21 likes this.
  6. J_Smith

    J_Smith

    J_S

    Screen Shot 03-30-16 at 09.09 PM.PNG

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    #5126     Mar 30, 2016
  7. J_Smith

    J_Smith

    #5127     Mar 30, 2016
  8. J_Smith

    J_Smith

    pop tomorrow..then i will be looking for shorts over coming weeks

    J_S
     
    #5128     Mar 31, 2016
  9. A priest asked, What is Fate, Master?

    And he answered: It is that which gives a beast of burden its reason for existence.

    It is that which men in former times had to bear upon their backs.

    It is that which has caused nations to build byways from City to City upon which carts and coaches pass, and alongside which inns have come to be built to stave off Hunger, Thirst, and Weariness.

    And that is Fate? said the priest.

    Fate... I thought you said Freight, responded the Master.

    That's all right, said the priest. I wanted to know what Freight was too.
    --Kehlog Albran
     
    #5129     Mar 31, 2016
  10. J_Smith

    J_Smith

    All set for tomorrow.

    J_S

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    #5130     Mar 31, 2016
    Simples likes this.