Stupid generic advice is stupid. People who preach that can never substantiate it with numbers, it's just their opinion and that's not worth much.
From 1k to 500k (Deadline: 2017)
- Thread starter K-Pia
- Start date
Stupid generic advice is stupid. People who preach that can never substantiate it with numbers, it's just their opinion and that's not worth much.
I take much supplements and vitamins cause I have to, and what I do is I crush all the pills, shake it all up so it mixed well, then divide into half and make a shake out of it, blending it so some of it actually melts in shake and will get digested better, so I do twice a day. The best are vits and supplement in liquid form.
I never have an opinion when I trade, I just have rules and I follow rules. I am a huge Counter-trend trader, BUT there are some markets I seldom do counter trend unless Triple highs/low or Head and Shoulders patterns, But I stay away from counter trend in currencies, doesn't test out but 50/50 and that is losing to me, and even if was 75/25-not worth the effort as losses always more than my profitable trades. I want for confirmed trend and do trend trade mostly in currencies. Less losses, Very long term Commodities all I do is counter-trend but I am hedged, whereas day trading not so in currencies unless report coming out and I will hedge a day trade.
I don't make calls, I just trade Trading Plan. And I don't have questions, Trading Plan has my answers and memorized.
Hey, good Trading to you K-pia !
Why not just skip all the trouble and go for fruits and vegetables. Unless someone lives in the desert with no water/soil or so far north that the soil is froze, there isn't really any reason to rely on vitamins in pill form.
Risk, Exposure, and Probability
The definition of risk is to expose to the chance or possibility of loss. Most people erroneously try to assign a numerical value to that chance, which simply confuses risk with probability.
In the markets we are talking about unique, non-repeatable events so we can't assign a frequency probability to their occurrence. In statistical terminology, such events are categorized under case probability, not class probability. This means the probability of market events is not open to any kind of numerical evaluation. All you can actually determine is the amount of your exposure as opposed to the probability that the market will, or will not, go to a certain price. Therefore, all you can do is manage your exposure and losses, not predict profits.
_ What I Learned from losing a million
@Handle123
Does it matches your 50/50 Probability ?
However, after he says :
The speculator does know more than the gambler because while the gambler is dealing with pure chance, the speculator has at least some knowledge about what determines the outcome of his activity. Speculating is the application of intellectual examination and systematic analysis to the problem of the uncertain future.
_ What I Learned from losing a million
The definition of risk is to expose to the chance or possibility of loss. Most people erroneously try to assign a numerical value to that chance, which simply confuses risk with probability.
In the markets we are talking about unique, non-repeatable events so we can't assign a frequency probability to their occurrence. In statistical terminology, such events are categorized under case probability, not class probability. This means the probability of market events is not open to any kind of numerical evaluation. All you can actually determine is the amount of your exposure as opposed to the probability that the market will, or will not, go to a certain price. Therefore, all you can do is manage your exposure and losses, not predict profits.
_ What I Learned from losing a million
@Handle123
Does it matches your 50/50 Probability ?
However, after he says :
The speculator does know more than the gambler because while the gambler is dealing with pure chance, the speculator has at least some knowledge about what determines the outcome of his activity. Speculating is the application of intellectual examination and systematic analysis to the problem of the uncertain future.
_ What I Learned from losing a million
He defines Speculation as :
Thinking before Acting. Not While, nor After.
I actually eat just veggies, fruits, nuts and organic dairy (body no longer can digest hormonal anything), and if I wasn't taking treatments every two weeks, I would get off of the 20,000% Vitamin C I am taking. But some of the supplements I will be on for life, I take Tumeric instead of steroids for inflammation, I take EMU crème instead of Vicadin, CQ10 for heart, St John Wort for happiness, Gingeroot for dizziness and holds down the puking, Magnesium has to be taken when you adding Calcium as I have very weak bones, Grape Root keeps diabetics away for me, B-Complex taken 2500% so I don't have to take diabetic leg and foot pain drugs. I take 11 other drugs mainly for lungs cause Chronic Sarcoidosis is a buggy if you fill up lungs, high blood pressure caused I believe for all the BS in life taking this crap every few hours. I drink 4 glasses of crap called Barley grass, does give me energy though, and I drink 2 pots of coffee or I will fall asleep. Then you take treatment hoping to God you brought enough bags to make 30 minute trip home and of course more pills.
Yeah, I like to eat more fruit, but I really doubt much or any fruits can cover what I am going through. Oh, I do live in desert, lack of water and I am not eating the crap from Mexico.
Ever see "Groundhog Day"? That's my life last eight years, another handful of pills to keep alive. But there are worst things in life, like inability to trade and not be able to pay for all this, HAAAAA but I am actually very happy most of the time, I can laugh even when doctor said I was terminal eight years ago HAAAAAA You either believe you can overcome or die and can't watch the Chicago Cubs win World Series this year.
- Lots of Chit Chat in a Journal thread.
- What's the P/L so far?
