Why Is The Obvious Not So Obvious?

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

  1. M4-1

    M4-1

    VO


    you are no doubt getting in at the wrong TIME..and getting OUT when you should be getting IN..:)
     
    #7471     Jun 15, 2021
  2. Vindago

    Vindago

    Yep, but mostly, I did not get out and reversed when I KNEW I had to, that is what happen when you leave control out of the door:banghead::D
     
    #7472     Jun 15, 2021
  3. M4-1

    M4-1

    apart from the obvious..why did you enter when you did..and why did you exit..when you did

    if you do not truly know..then you must adjust your attitude to trading..if it was just one of those freak spikes..then..tough shite..as they say..

    shit happens :)
     
    #7473     Jun 15, 2021
  4. Vindago

    Vindago

    Oh I know exactly why I did what I did: I went back to the old ways of trying to jump in front of a freight train hoping it would turn around, instead of just getting a lift.
     
    #7474     Jun 15, 2021
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  5. tiddlywinks

    tiddlywinks


    When you THINK you are correct you are probably wrong.
    When you KNOW you are correct, you are probably late.

    There is a bite-size nugget of truth within, albeit a nugget.

    Carry On!
     
    #7475     Jun 15, 2021
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  6. tiddlywinks

    tiddlywinks

    Attached... The Knowing-Doing Gap
     
    #7476     Jun 15, 2021
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  7. M4-1

    M4-1

    if you would like to post a chart of the 5 min and the 30 min..in 2 separate charts..we can all discuss same..

    losing is part of the game..just don't do it too often..:)
     
    #7477     Jun 15, 2021
  8. Both the wrong TIME and price?

    Yesterday's Close was strong and it's easy to join the crowd on the bull side forgetting that what comes up - must go down.

    At least with ES it's common that a strong day up is countered with either consolidation or a reversal down. But it's easy to become euphoric.

    Of course there are days that have continuation too.

    With regards to your comments on the educational system and lack of common sense, I think you'll enjoy this article I just came upon:

    https://www.foxnews.com/us/north-ko...enCIoFrhooeeph0oiyahX9PzICrWuNdsC_bQnCd3rCcm0
     
    #7478     Jun 15, 2021
    M4-1 likes this.
  9. M4-1

    M4-1

    same shite.. different place :)
     
    #7479     Jun 15, 2021
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  10. baron193

    baron193

    i think there are times when you can do just that, but for me those times are rare...and i love seeing the "double take" happen... good place for very minimal risk...and sure i haven't the balls yet to just flip on demand...LOL
     
    #7480     Jun 15, 2021