"The market goes where it can f*ck the most people"

A

Amnesiac

I love this quote! All you need to know about trading is in this sentence. :D




BTW, that's a quote from "Leg The Spread" by C. Lynn, 2004.
 
Very true. Although perhaps it would be more accurate to say: "The market is 'pushed' to where it can f*ck the most people."
 
I agree with that statment generally. It does seem that there has been a growing bearish sentiment. Hopefully those bearish posters are positioned accordingly.........tman
 
If this is the case, then one needs to devise a strategy that doesn't allow them to get shaken off of parabolic moves.

Read The Logical Trader.
 
I believe this phrase in the title of this thread.

I trade my system and notice the market doing this while I quietly wait in the background. I often wonder why I am so fortunate to be out of the rat race. If my system fails, I do not know what I will do. I am searching for a back up system and do not have one. But I know it will not be found where the public goes fishing.

Michael B.
 
Quote from NoMoreOptions:

fu8k shorters. mart's up!
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again, me thinks we'll have an exhaustion rally followed by a relatively long period of consolidation, maybe 10-20days in no mans land...then wooooosh...shorts punished once again, hee hee.
 
The thought is actually from the legendary Investor/Economist John Maynard Keynes...circa 1930.

But the Quote went like this: "The market will do what it must to make the most amount of participants wrong."

Read your history. Don't dishonor those who've come before you





Quote from Amnesiac:

I love this quote! All you need to know about trading is in this sentence. :D




BTW, that's a quote from "Leg The Spread" by C. Lynn, 2004.
More...
 
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