Can you give an example of a strategy you tried that didn't work?
Nothing works all the time. You have to expect to have losing trades.
As long as your winners make more money than your losers you only need to win about half your trades.
It doesn't seem fair that a 2 inch put and a 250yard drive count the same.
Half of the strokes in a regulation par are putts; only 18 of them drives and that's if you consider par 3 tee offs as drives.
Boxes, channels, a bit of fundamental analysis, market awareness, adding to winning positions and a very disciplined sell strategy.
Darvas was adding to positions and taking on margin when others were locking in their profits. A true speculator!!
I don't think I ever criticized crypto, I'm just not playing the game.
I still expect that some day some little kid is going to say "but mommy he doesn't have any cloths on"
I'm just an old fart that prefers to be able to hold what I own in my hand. I can hold both gold and cash and it makes me feel more secure than knowing I have a wallet somewhere in cyberspace full of a crypto.
Even the mining process has me confused. I know how to pan for gold. I understand...
Yup you got me. I can't explain how gold is valued.
However I'd take gold as a payment for something. I trust that gold will have some value, even if i can't explain what it is. I wouldn't take a crypto currency because I don't understand it.
Right. The value of apple stock fluctuates just like the value of gold. It is based on what you can sell it for at this moment.
The value depends how the market perceives the fundamentals. I'd argue that is based on opinion.