On Being Your Own Guru

Quote from Arthur Deco:

xoxoxoski, you neglected to tell her that starting with 5 cars makes for 5X losses. She won't respect you in the morning.
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Arthur, dahling, the key to the cars is to not lose.

xxxooo
 
RN, iffn tha tradin' ain gud, ah go's a shootin'! As for you, Miss ShootingStar, the real trick is to squeeze every last little drop (of profit) out of one car first.
 
Quote from Arthur Deco:


As for you, Miss ShootingStar, the real trick is to squeeze every last little drop (of profit) out of one car first.
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I disagree with this. This implies you need to practice picking top and picking bottom of a price swing (to squeeze every little drop of profit). Highly unlikely you can do it over and over. Many people lose picking tops and bottoms.

I think the key is knowing when odds are WITH you When you have a high probability trade, you push all your chips in. Otherwise, keep it a standard size (whatever your minimum bet is).
 
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