Search results

Uncertainty - can be mathematically modeled Past human behavior - can be mathematically modeled Future human behavior - cannot Tis a bitch for the ole noggin to absorb uncertainty :) or not RN

Hootie, Sorry Sir.., I had DP (Damn Penguins) on the brain when responding to you Sir RN

LOL - hardly Like I said Disagree to the extent that fact brings you discomfort RN

The mkt is uncertain - and no amount of whatever (indicators/ back testing/ hoping / praying)..., will ever alter that one smidgen Everyone - feel free to disagree to the extent that fact brings you discomfort But..., it remains fact nonetheless I accept that uncertainty - to my very core...

DP Either one embraces uncertainty - or not Straddling this particular fence will only serve to cut you off at the knees So pick yer poison and ingest willingly ============================ In my world - probabilities do not exist..., cannot exist..., will never exist..., and are simply an...

What is the most important mathematical idea in stock trading? each loss < each profitable trade RN

Think about it CM You really think surf is willing to admit..., it that dumb SOB staring back at him in a mirror..., that sabotaged his trading/ killed his opportunity or... It has to be the brightest .., most educated ========================== Trading has transformed surf into a eunuch -...

Stop Loss Sir - aka our ultimate butt protector RN

Define the risk Take the SL Systematically take profit Any given outcome is far from certain But then.., you know this already - I would bet RN

Is technical analysis less applicable to today's stock markets? Nope RN

Create an audio affirmation of above..., then play / listen to it off trading hrs..., as well as when trading Just a thought Sir RN

;) RN

Can day trading become an addiction As can eating drugs alcohol video games porn tobacco lying nail biting a myriad of other things ======================= since it is so similar to gambling? The two are not even in the same universe RN

Only in your head We've all experienced it - I know I have..., even much worse (at the time) So it nothing new..., special..., nor unique - except in our individual head ==================== It just like mkt data being anything other than..., data It is such..., only in our head Or not...

Normal world would call that self centered / self adsorbed / even..., narcissistic We otoh call that: getting to know your best friend And get to know him well J - fore he the only one you can truly count on - 100% of the time ;) RN

Remove right / wrong / expectations.., from trading Removes emotional pain from trading Once a person no longer defines the mkt’s information in painful ways (losing / missing out / etc) Total freedom abounds ============= Accepting/ adopting uncertainty - there cannot exist - right /...

Hey IM (great music btw) I am not willing to detail it out here - what I will say..., volume will confirm if a line is drawn correctly No matter if said line drawn horizontally..., or diagonally RN

What characterizes the most successful people on Wall Street? Though it true all human traders are people...., few people are successful traders..., so I'll assume you mean traders To a trader..., each successful one: Predefines the risk of each trade Honors each trade's SL Has a systematic...

Seriously..., who the hell cares ================================= Did you - or did you not..., follow your routine Did you - or did you not..., follow each trade's plan Both days..., over the entire time you traded ======================== After all this time..., still focusing on...

Believe OP experienced the shortest life possible on ET Baron wasn't having any of it RN