Why Is The Obvious Not So Obvious?

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

  1. big buzzy bumble bee barking up the trees
     
    #6261     Oct 3, 2017
    lawrence-lugar likes this.
  2. MrScalper

    MrScalper

    :)

    the bee will fly
    high up in sky
    tis not his eyes
    that finds the prize

    the scent is sweet
    just like a sweet
    he follows nose
    instead of toes

    down he fly
    from up in sky
    as he get near
    his eyes do cheer

    straight in he goes
    from head to toes
    is covered all
    by being so small

    then out he fall
    not fly as tall
    and back to hive
    so bees can thrive

    the secret see
    is busy bee
    by being so small
    he grows so tall

    to think like bee
    one has to see
    the chaff from wheat
    make honey sweet :)
     
    #6262     Oct 3, 2017
    comagnum likes this.
  3. DeltaRisk

    DeltaRisk

    You don't know what you don't know.
     
    #6263     Oct 17, 2017
  4. ironchef

    ironchef

    If I don't know how do I know what I don't know?
     
    #6264     Oct 17, 2017
  5. MrScalper

    MrScalper

    As Mr Ripley said !!!!!!!

    Sometimes you are better off not knowing what you think you must know..as..why on Earth would you want to know anything that is not going to be of any real value to you..and..if it was of any real value..no one is going to share it that easily with someone else..just because they ask!!

    As Donald said.."the unknown unknowns" :)
     
    #6265     Oct 17, 2017
  6. ironchef

    ironchef

    I get it, but how do I know it is not going to be of real value?

    Like chart reading, I still don't know what I don't know and whether it is just pure chance/luck rather than skills that got me results?

    And finally, you are talking about the Donald R that I knew, not the Donald T that I don't know?

    In all seriousness, reviewing my results since 2013, I should be happy but as you said many times: Is is luck or skill? If I have to guess, it is pure luck. I was just riding on the coattail of the SPX bull since 2013 and any idiot can make money. I am taking profits scaling out for I don't want to be a real idiot in a year or two.

    Thank you for everything and best to you sir.
     
    #6266     Oct 18, 2017
  7. Why Is The Obvious Not So Obvious?

    B/C it`s tough to find!
     
    #6267     Oct 18, 2017
  8. DeltaRisk

    DeltaRisk

    Read Timothy Sykes, he'll help you.
    *Wink wink*
     
    #6268     Oct 18, 2017
  9. MrScalper

    MrScalper

    The biggest problem that one has to overcome is all the bullshit and crap..as like in all other walks of life..it is everywhere..from the idiot working in a job that thinks he owns the place..to the silly religious leaders that tell more lies than anyone!

    So..back to the only thing that really matters.. speculation..your mind is full of idiotic and ridiculous things that have nothing at all to do with making money..and more importantly..being able to hold on to it!

    This is due to nothing more than ignorance..meaning.. you are ignorant to the information that matters most..so..the best way..or even..the only way..to educate yourself is by making it your business to seek out and discover what is "actually" required to speculate effectively.

    I will tell you now..it has nothing to do with understanding Gann..Fibs..Elliot..or any other silly and ridiculous take on the markets..they are all "distractors"..and do nothing but keep you ignorant..which of course..is what the pick and shovel sellers love :)

    Charts..the chart never lies..it is the fools looking at the charts that lie to themselves..why..well..we have covered that already.. ignorance !!!!!!!

    Price can do but 3 things..move up..move down..or move sideways..nothing else matters..so..when you look at the charts.. instead of thinking about all the silly and ridiculous things..just have a look to see what price is actually doing.. only then will you be able to even consider effective speculation!

    It really is as smple as ABC..but..the majority take it to XYZ..and we all know the resulting stats :)
     
    #6269     Oct 18, 2017
    Truth_ likes this.
  10. MrScalper

    MrScalper

    The best place to hide something is right under someone's nose :)

    There is a brilliant war film called The Pianist..based on a true story..well worth watching..at one stage The Pianist had to be hidden away for several months..locked in so no one could enter the room but the people who occasionally brought him some food.

    Where do you think they hid The Pianist ?

    IMG_20171018_234057.jpg
     
    Last edited: Oct 18, 2017
    #6270     Oct 18, 2017
    lawrence-lugar likes this.