Election theme

ironchef · Mar 2, 2020

OptionsOptionsOptions said:
50% Luck

25% Horseshoes up your ass

25% Skill

Don't get fooled by any other explanation.

90% luck
5% inspiration
5% hard work

notagain · Mar 2, 2020

Force Index showed bulls are back with massive up volume at Fridays close, bulls hit better than 200sma target Monday.

OptionsOptionsOptions · Mar 3, 2020

ironchef said:
90% luck
5% inspiration
5% hard work

I tend to agree with your numbers.
But when it comes to @PoopyDeek I would up the skill/inspiration/hard work level to 25% from 10%.
@PoopyDeek knows is sh!t.

Cuddles · Mar 3, 2020

OP, would you remain long on a re-election victory? Your take from here until election time? The guy's not shy about propping the market, but question the amount of options left at his disposal to do so.

Deez · Mar 3, 2020

OptionsOptionsOptions said:
I tend to agree with your numbers.

But when it comes to @PoopyDeek I would up the skill/inspiration/hard work level to 25% from 10%.

@PoopyDeek knows is sh!t.

90% luck? Lol, is this because you don’t have or can’t explain the skills it takes to make money and keep it over time trading?

“The more I practice the luckier I get”

Cuddles · Mar 3, 2020

Deez said:
90% luck? Lol, is this because you don’t have or can’t explain the skills it takes to make money and keep it over time trading?

“The more I practice the luckier I get”

I don't think people realize the "power of mathematics" or good old experience through grinding. I imagine much like chess or poker, having never taken either game up myself.

notagain · Mar 3, 2020

ES Bulls are back! fast move!

OptionsOptionsOptions · Mar 3, 2020

notagain said:
ES Bulls are back! fast move!

ES Bears are back! fast move!

notagain · Mar 3, 2020

be ready, bulls could hit the VWAP with a 70 point move

ironchef · Mar 3, 2020

Deez said:
90% luck? Lol, is this because you don’t have or can’t explain the skills it takes to make money and keep it over time trading?

“The more I practice the luckier I get”

For you it is skill but for us amateur retails we love to think it is our skills but it is mostly luck.

Think about this:

What is the probability of us born and raised in the US instead of elsewhere in the world? The odds are very low. Should be 99% luck instead of 90% luck.

What is the probability of us making money trading during the depression or great recession instead of during this bull market? 10%?