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Adventures in the garden of good and evil
- Thread starter ljyoung
- Start date
Breakfast is ready.
http://www.youtube.com/watch?v=Z_S532DjrZk&feature=PlayList&p=C3225CDFF4430680&playnext=1&index=53. Num, num.
lj
http://www.youtube.com/watch?v=Z_S532DjrZk&feature=PlayList&p=C3225CDFF4430680&playnext=1&index=53. Num, num.
lj
WTF. http://www.youtube.com/watch?v=YievWIX9AKk&feature=related
The Hershey method is flawless one simply has to discover the flaws in oneself to appreciate what is going on. It is nothing more than a perfect Boolean construct. Trivial, n'est ce pas?
lj
The Hershey method is flawless one simply has to discover the flaws in oneself to appreciate what is going on. It is nothing more than a perfect Boolean construct. Trivial, n'est ce pas?
lj
Quote from Dackster:
True! Part of the game revolves around being right about being wrong.
So then let me amplify my previous response by saying that this methodology, when you know WTF you are doing with it, allows you to take a small profit when you are wrong and a much larger profit when you then get back on the right side of the move. As Livermore said, "There is only one side to the market and that is the right side'.
lj
Quote from ljyoung:
So then let me amplify my previous response by saying that this methodology, when you know WTF you are doing with it, allows you to take a small profit when you are wrong and a much larger profit when you then get back on the right side of the move. As Livermore said, "There is only one side to the market and that is the right side'.
lj
One more thing. Livermore showed on various occassions that he did not know how to be right about being wrong.
You really need to know when to quote, Livermore.
Quote from Dackster:
One more thing. Livermore showed on various occasions that he did not know how to be right about being wrong.
You really need to know when to quote, Livermore.
The power of the retrospectroscope is well known. It is never wrong.
Livermore eventually blew his brains out which would suggest that some things, that some people say are worth listening to sometimes, and not much more. So I'll stand by what I said he said about there being only one side to the market, if only because I am quite sure that he is not the only trader to have come to that conclusion.
This is not rocket science but rather common market sense.
As best I can ascertain there was a significant speculative (probabilistic + whatever) component to what he did in the market. Not my cup of tea but there are those who are attracted to his method. I don't happen to be one of them. I have a better one.
lj