Originally posted by darkhorse
WAR, sickness and bad trading
darkhorse
LOL. shit man,... 5min later i'm still laughing at that... (stupid sense of humor maybe?)
Dark, I'm with you on the pointlessness of calling trading 'simple' or 'easy'.. it's way too subjective to just say "trading is simple"..
and that calling something 'simple' is usually a sign you are very good at it, no matter how 'complex' it appears to others
such a comment also really depends on what you mean by 'trading'.
'trading' is 'easy' compared to manual labor, in that all it takes is looking at a screen and pushing a couple of buttons..
'trading' is 'simple' compared to detective work, in that there are only two possibilities (compared to many)
Don... just how are the things you talk about inherently any 'simpler' than looking at a moving average on a chart? (i'm not knocking them, i use them all myself..but they are not 'simpler' than anything else discussed here) ..what about your OOs? someone could say to you..geez don, all those calculations and 'envelopes'..."keep it simple man!"...see? talking about 'simple' is useless
and, dark mentioned it already, what does "batting average" have to do with it?... even for a daytrader, i'll tell you straight up, it is only a small, small part of the whole game... for example, even though my stops are usually much wider, i'll often get out with only a 5c loss cos things didn't 'look right' (based on experience - there's nothing 'simpler' than that!).. those littles losses take my batting average down quite a bit...do i care? hell no...