Prudent Risk Management Is The Only True Edge In TRADING
- Thread starter Buy1Sell2
- Start date
Appears you went full tilt yesterday posting
Why and to what end - really
I get you want to help other's - but do you really think this behavior the most conducive to accomplishing that
How about whenever the mkt dishes out a shit sandwich - you allowing that to get under your skin??
Anyway - See Ya.., when I see Ya
RN
I will reply because your post is important, but I do not like going back on my word.
Firstly, in relation to the market getting under my skin, the answer is no. The reason why is simple, and that is, I never overtrade anymore, so even if my initial trades go against me, I have adequate scope to add to positions and still make a profit. The market of course can keep going against you, but that is why you always cap your risk, by whatever means possible, and as my current situation does not allow for full control, meaning watching the market closely, I use options to cap my risk.
Now the more important bit. I do not like 2 faced people, never did, nor do I care one little bit about such people, never will.
I have great respect for those who genuinely try, and I can tell fairly quickly if someone is genuine, or if they are just passing their time, which most do on these sites.
We all know most want the easy answer, which is not possible, and we also know the only true way is by self discovery, so, in that respect, I have no intention of helping anyone, but I do point out, by posting, how I think people can help themselves.
When idiots arrive, they will always be replied to in exactly the same manner in which they speak, and if warranted, with some additional words to highlight their ignorance and rudeness. An eye for an eye, a tooth for a tooth, has always been my motto, and will always be, no matter what, even if it means I get banned from a site, which has happened in the past, but which has never bothered me, nor never will.
In summary, I have learned over the years, to not let any person, or what they say, interfere with what I do, and as I truly believe in what I think and say, I will never ever be nice to someone who is not nice to others, no matter what!
Needless to say, alcohol interferes with the brain, and you do not think correctly, so if this is happening you, then the only answer is to stop taking alcohol, which I have done, and glad I done it, as I have started to make some money again, instead of spending all my money on drink and fools!
If you surround yourself with fools, you will become a fool, nothing more certain, so be very careful with whom you choose to associate with!
I will now leave again, and again, I may, or may not return, as it will all depend on what is posted.
J_S
Last edited:
Sage advice. I now hold the same attitude, but there was a time in the not too distant past I'd let them get to me. But no more, as I will no let someone else get what they want for themselves through me if it can only come by damaging me.
Very sage. Yet within your bliss which is indeed extremely advanced enlightenment ...u give up you and limit yourself to the single timeline u believe is attainable. You will do better without limits. We, the world, will be grateful either way but please don't give up ur dreams.
It didn't start out that way. It started out as a coping mechanism for avoiding being targetted by bullies. It is proven to work well over time, as it dissipates the energy for abusement - making you invisible to predators and parasites. Ie. google: "grey rock method", something I've practiced all my life way before I found it on the internet. It does however frustrate destructive behaviour around your person, enough so that you can actually have a platform to correct bad behaviour without being a target yourself.
However, where you see me "give up", I simply see myself shifting my attention to where I can possibly win and participate on my terms. Why continue fight a battle where you have nothing of value to win, even if you don't really lose directly either? Why engage in activities I care nothing about, just to prove I'm something I'm not? This works in trading, so why not also in life?
Reality is limitation, or it wouldn't be real, so limitation is unavoidable. But by not reacting and dancing to other people's agitations, I feel I'm being more true to myself and actually gaining more power and freedom, even in settings that otherwise would be dominated by predators. By only participating on MY terms, there can even be room to meet on equal terms.
I have dreams, but they are that, a play and a dance. I have no need for bliss or by being undisturbed, but am amused by all chaos there is to experience - which is what makes life, and trading, interesting.
There is no virtue to being poor, not in being mundane. Doesn't mean you need to be anybody special either - just yourself, on your terms, which is different than mine. What I suspect is that most of the undesirable behaviour is just old patterns, unawareness and lack of experience.