Quote from aeliodon:
Price is money. Time is Time. Time is more valuable than price, so pay attention to Time considerations far more than price/money considerations. Wasting money is okay - you can always make it back. Wasting Time is Death itself.
A trader that wastes no time rarely has a losing hour and never a losing day, week, month, or year. He trades a 100% system. Only 100% systems are viable after 10 years.
There is no risk in a 100% system. Being in a position is the safest place for your money to be in a 100% system. Anyone that doesn't trade a 100% system won't survive 10 years in the market because risk is dangerous and you can only take risks for so long until the mind/body can't take it anymore. Then you end up like Hypo and you need to create 16 sock puppets to convince yourself that the 100% system doesn't exist. What a tragedy traders that take risks immerse themselves in.
Quote from osorico:
For a moment, it seemed this thread might be intelligent. Then you, the OP, makes this 100% stupid post.
I'm sure you'll be selling that 100% system so you avoid that 10 year timebomb.
What an idiot.