PRINCIPLES OF GREAT TRADERS

[Sekiyo]

2 Quotes from Battle for Investment Survival (Gerald Loeb)

The difference between consistently successful investors and everyone else is their ability to seize opportunities and limit costly mistakes.

The way to successful investment lies much more in learning how to utilize your best thoughts and minimize your worst rather than in being better at selection or better at timing than the average.

 

[murray t turtle]

I play with chatGPT in my spare time because I am a sucker for new toys. It is OK if asking it to help write a high school term paper but for serious work, not there by a long shot.

One time I asked it to write a VBA Excel code, it did, but the code it wrote was total garbage. Lot's of luck if you ask chatGPT to help you find a winning trade.

%%
OK;
+ the'' machine that learns '' was still programmed by a human.
Still i like my machine figured, 200dma[Not artificial LOL].
With discretion anyway+ 100 + years of data

 

[MarkBrown]

%%
OK;
+ the'' machine that learns '' was still programmed by a human.
Still i like my machine figured, 200dma[Not artificial LOL].
With discretion anyway+ 100 + years of data

TRUTH - AI will never B>Human

 

[murray t turtle]

TRUTH - AI will never B>Human

%%
TRUE/partly true anyway;
Bill RGR + his Gatlin' Gun machine = king LOL+ true[Human hand cranked.............................................................................................................................]Not a stock tip, but that gun co/RGR is on a great long term/trend uptrend

 

[SunTrader]

Variability exists. Luck doesn't.

 

[Sekiyo]

Variability exists. Luck doesn't.

Holy Crap.
God doesn't play dice.

 

[murray t turtle]

Variability exists. Luck doesn't.

%%
LOL.M Webster dictionary uses luck this way =''the loser muttered something about bad luck.''
And'' I had no luck in finding an apartment. '';
then buy some real estate instead of renting it.LOL
Larry Mint Hite + Dave Ramsey bought a bunch of rentals. I like some green belt farmland + ETFs, some cash + some leveraged.
200dma helps ;
with a lying-cheatin \
cold dead beatin'
double dealing-
mean mistreating\
2 timing /
lovin' heart/ PattyLoveLess song. Born 1957 Pikeville KY, oldest of 7 kids. Married mr Lovelace thus her last name play on words Loveless

 

[ironchef]

Variability exists. Luck doesn't.

If I lose it is due to bad luck.

When I win, it is because of my outstanding skills.