Why Is The Obvious Not So Obvious?

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

  1. Redneck

    Redneck

    And a good one RM


    Here’s what I see


    Two people on the sidelines observing

    One person about to kill a fish, one fish about to be killed

    One person searching, while another fish hides



    NY - If get a chance look at my post on page 126 and tell me if I need to start over please

    RN
     
    #821     Apr 20, 2009
  2. RainMann

    RainMann

    RN

    What if the message is this: Quit trying to see things that just aren't there. It's just a stupid painting.


    LOL

    RM
     
    #822     Apr 20, 2009
  3. Redneck

    Redneck

    As with all things RM - We see what we see



    Food for Thought


    Having an open mind is essential in trading – been stated here multiple times

    However – To have a flexible mind – I believe – is an ultimate skill


    Here are two examples (of the many I could chose)

    A trader’s mind must be rigid with regard to protecting capital

    A trader’s mind must be flexible with regard to market direction and whether it appropriate go long or short on any given trade


    Another belief I hold is a person can only think of one thing at a time….

    (Try thinking of an orange and an elephant at the same time – I can’t do it and I’ve been trying to figure out how for the last 10 years)


    In the same manor – I do not believe a person can have a mindset that is both rigid and flexible at the same time


    So we must develop the skill of instantly switching back and forth between rigid and flexible – without missing a beat
     
    #823     Apr 20, 2009
    pikeman likes this.
  4. baron193

    baron193

    this thread is hilarious !!

    We all see, what we want to see, and yet we can all make money.
    There's not one way, but hundreds or even thousands.
    Observe, apply, review
    Observe, apply ,review
    ..........
    It is your mind that will find a way, if it doesn't, then review what you're doing, you are stuck like a needle on the record... move on to the next.
    (that would be your grey matter working)

    Someone else's way will most likely NOT suit you!

    Don't keep doing the same thing, and expect different results
    ( i know it has been said before by many others)
    The edge is: opportunity for a great R/R

    Ohh, and don't waste your time reading shoite like this!!
     
    #824     Apr 20, 2009
  5. nysestocks

    nysestocks Guest

    I may well do so MF, but I need to be careful, as I am nearly as "strange" as they are at this stage:D
     
    #825     Apr 20, 2009
  6. nysestocks

    nysestocks Guest

    Hello baron, my my you are very observant, and how accurate you are as well, but, it is a pity that you speak the minds of others, and not your own:eek:
     
    #826     Apr 20, 2009
  7. nysestocks

    nysestocks Guest

    How observant QT, if we had a rib off the canvas we would probably not have to trade, ever:D
     
    #827     Apr 20, 2009
  8. nysestocks

    nysestocks Guest

    Thank you CS, you saved me form embarrassment, as I nearly said Syphilis:D

    Other scholars regard him as a personification of waves rising and falling, or of the treacherous sea.
     
    #828     Apr 20, 2009
  9. nysestocks

    nysestocks Guest

    Maybe I am a BOX trader:D
     
    #829     Apr 20, 2009
  10. nysestocks

    nysestocks Guest

    Did you come up with this yourself TH, or did you plagiarize:D
     
    #830     Apr 20, 2009