Why Is The Obvious Not So Obvious?

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

  1. Onra

    Onra

    AC or BD could be drawn from a prior move and just be repeated in the future...
     
    #7051     May 9, 2021
  2. Pelt

    Pelt

    What did you mean by "two signs do you use to draw a rectangle?"
     
    #7052     May 9, 2021
  3. Onra

    Onra

    Yeah, "signs" isn't the correct definition.
    I meant: do you use A,B,C,D or 1,2,3,4 or the middle X?
     
    #7053     May 9, 2021
    Pelt likes this.
  4. Pelt

    Pelt

    Is there a reason it is a box, and not two horizontal lines? Does the box imply that a time component is pertinent to the box?
     
    #7054     May 9, 2021
    Onra likes this.
  5. M4-1

    M4-1

    be careful or GO will be back with the big stick :)

    a trade can be very short..as in mins or less..or very long..as in hours or days..very rarely more than a few weeks

    it all depends on how much you are risking..my last set of trades on the MES started off with a several mins to several hours..and a small few were as described above..added to a losing position to average in..i think i done this twice and the longest hold was around 2 werks..all trades were winners..in total around 15 or 16

    the only set rule is..never put all your eggs in one basket..after that..only risk the money you make..or to be more precise..only risk a small part of the money you make.. for..unless you can hold on to the money you make..then surely it is just a waste of time !
     
    #7055     May 9, 2021
  6. M4-1

    M4-1

    not military budget.. scientific research budget..but we all know that will never happen..too many fools pull the muppet strings..

    imagine that Donald Trump can get elected and reek so much havoc in the world..in the name of "a cause"..sure this is no different than Stallin, Hitler or even Julius Ceaser :)

    we are behaving no different than what they did throughout history..giving so much power to one person..is.. needless to say..idiotic !

    btw.. Constance The Great..the person responsible for the continuation of the Roman Empire as it exists today..killed his own wife and son to further his political gain..and to think that fools are still paying the "tax collectors" money every week..although the Papa had to dig in to the massive reserve to the tune of €40 million odd..and asked the dress wearers to take a pay cut due to Covid-19 effect on the "coffers" :)
     
    #7056     May 9, 2021
  7. Vindago

    Vindago

    Well, in reality the problem per se is not in giving a lot of power to one person (as for the US president) but for the check and balances to fail (as it happened, to a significant extent, with Trump and 99% of republican senators and congressmen behaving like sheep). Before Trump it has never been such an issue and I really, really hope it will never, ever happen again with any one president, whatever the political orientation.

    and I will now completely drop any discussion related to politics as this is not the place:D
     
    #7057     May 9, 2021
  8. Vindago

    Vindago

    As for adding to a loser to average in, that is a very risky business unless you know what you are doing and have the tolerance for the drawdown you may experience. But I agree that sometimes it can be advantageous to do so and change the trade TF.
     
    #7058     May 9, 2021
  9. Pelt

    Pelt

    Is the box the same thing as 'the obvious,' how related are the two?
     
    #7059     May 9, 2021
  10. M4-1

    M4-1

    exactly my point why you use the MES..a drawdown of $500 is nothing..but a drawdown of $5,000 is not nice :)
     
    #7060     May 9, 2021