A combination of
1) Not caring about the results of individual trades I.e. Proper trade sizing
AND
2) Believing (correctly) in your edge. Personally, I think this is the big one.
if you're for real, which I kind of doubt, don't spend a dime of that $ and don't sell the houses.
go to college, and probably go get a job.
treat your inheritance respectfully...don't blow it trading.
i found this thread. thought it deserved a bump.
i think the hard part in all of this is over-optimization...this point was raised earlier in a post in this thread. but i remember seeing somewhere that they (QIM) do at least start with a plausible trading methodology and then test it...
i was searching fios vs t1 on google and i found this.
i only left verizon for comcast to begin with because they didn't have fios in my area back then.
Re: Cutten
I knew somebody would mention that. I agree with you, actually.
But to have lost money in the stock market and complain that the system is rigged is NOT the same as being a trader and busting and complaining of the same thing.
If you're on the outside looking in (a passive...
if you're a retiree with an account that got smashed (and if you were told by someone you trusted that you were in safe investments), then you can make a case that the system is rigged.
playing with a high volatility stock like DRYS and then losing money...i can't say i really have a ton of...