Why Is The Obvious Not So Obvious?

Quote from The Expert:

What is a Placebo:D
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A placebo is a sham or simulated medical intervention that can produce a placebo effect. In medical research, placebos depend on the use of controlled and measured deception.

mmm:eek:
 
Quote from Placebo:

A placebo is a sham or simulated medical intervention that can produce a placebo effect. In medical research, placebos depend on the use of controlled and measured deception.

mmm:eek:
More...



"There are limits to even the strongest placebo effect. No simulation could set a broken arm, of course, or clear a blocked artery. As a rule, placebos appear to affect symptoms rather than underlying diseases--although sometimes, as in the case of depression or irritable bowel syndrome, there’s no meaningful distinction between the two. Moreover, placebos have often received undue credit for recovery that might have occurred anyway. Indeed, the effect is famously difficult to identify, measure, and even coherently define. There is debate about the magnitude of the response, with some calling it modest at best, and opposing the idea of using placebos clinically."

"Phony treatment is hardly a novel concept in medicine. The word “placebo”--Latin for “I shall please”--has been used in a medical context since at least the late 1700s, referring to inert treatments given to placate patients. Arguably, until the scientific breakthroughs of the 20th century, medical history was little more than one long series of placebos."

:D
 
To move on quickly, write down your answer to the following and how long it takes you to come up with the answer.



1.

elk
mink
mouse
gibbon
panther

Which creature comes next? Is it:
squirrel, tortoise, tigress, wildebeest, platypus or aardvark?
 
This is another one that also must be completed. Choose 5 for most agree=most applicable option, down to 1 for least agree=least applicable:

1
I find it very difficult to concentrate on just one subject or project
for a long period without breaking off to do other things.
5 4 3 2 1

2
I am more of a visionary, rather than someone who is down to
earth and businesslike.
5 4 3 2 1

3
I often have the urge to try out a new hobby, such as painting or
playing a musical instrument.
5 4 3 2 1

4
I am not afraid to voice unpopular opinions.
5 4 3 2 1

5
I like to retire into my own thoughts uninterrupted for a thinking
session.
5 4 3 2 1

6
I would describe myself as more disordered than methodical.
5 4 3 2 1

7
The greatest teacher of all is experience.
5 4 3 2 1

8
I am more sensitive than the average person when it comes to
environmental issues.
5 4 3 2 1

9
I have more of an interest and=or curiosity in modern art than a
‘dismissing it as rubbish’ attitude.
5 4 3 2 1

10
I often have the urge to take things apart to see how they work.
5 4 3 2 1

11
I have a very overactive mind, to the extent that I sometimes find
it difficult to get to sleep at night.
5 4 3 2 1

12
I enjoy being unconventional.
5 4 3 2 1

13
I am more of an intuitive person than an intellectual.
5 4 3 2 1

14
When attending a talk or lecture, I often find myself drifting off
and thinking of other things.
5 4 3 2 1

15
I sometimes get very frustrated with myself if I cannot do
something as well as I would like to.
5 4 3 2 1

16
I prefer solitude and scenery to lively social gatherings.
5 4 3 2 1

17
I often find myself irritated by petty rules and regulations.
5 4 3 2 1

18
I have a very lively imagination.
5 4 3 2 1

19
I am often very impatient to learn new things.
5 4 3 2 1

20
I more than occasionally have dreams that I am unable to
explain.
5 4 3 2 1

21
I am very independent minded.
5 4 3 2 1

22
Anytime I get a flash of inspiration or a new idea, my mind
cannot rest until I have tried to put it into practice.
5 4 3 2 1

23
I enjoy spending time on my own.
5 4 3 2 1

24
I revel in being different to others.
5 4 3 2 1

25
When hanging onto the phone, with a pencil in my hand and a
piece of paper in front of me, the probability is that I will start to
doodle.
5 4 3 2 1
 
Quote from nysestocks:

Why Is The Obvious Not So Obvious?

I have read thru some of the recent and distant posts in this section, and have come to the conclusion that; the obvious is not so obvious to many!

There appears to be a lot of textbook information being thrown around, especially in relation to position sizing and risk management.

What every trader has to realise, is that all the risk management and position sizing techniques in the world are of no use what so ever, unless the trader is aware of the obvious pre-requisite to trading any market.

It will be very interesting to see what answers the many traders come up with for the obvious, those with little and lots of experience alike!
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When NY made this statement, I can now tell you that he was not talking about risk management.

The OBVIOUS that NY is on about, is NOT so OBVIOUS to many, and they still continue to place their money at risk in the markets, hoping and wishing they will win, but refusing to acknowledge that the chances of them losing are far greater, than the chances of winning.

It is VERY OBVIOUS that most do not know what they are doing, for, if they did, they would not be doing it:eek:

TE
 
Quote from The Expert:

When NY made this statement, I can now tell you that he was not talking about risk management.

The OBVIOUS that NY is on about, is NOT so OBVIOUS to many, and they still continue to place their money at risk in the markets, hoping and wishing they will win, but refusing to acknowledge that the chances of them losing are far greater, than the chances of winning.

It is VERY OBVIOUS that most do not know what they are doing, for, if they did, they would not be doing it:eek:

TE
More...

So the OBVIOUS is that most should not participate in the market.:p
 
Quote from The Expert:

To move on quickly, write down your answer to the following and how long it takes you to come up with the answer.



1.

elk
mink
mouse
gibbon
panther

Which creature comes next? Is it:
squirrel, tortoise, tigress, wildebeest, platypus or aardvark?
More...


tortoise
 
Quote from The Expert:

When NY made this statement, I can now tell you that he was not talking about risk management.

The OBVIOUS that NY is on about, is NOT so OBVIOUS to many, and they still continue to place their money at risk in the markets, hoping and wishing they will win, but refusing to acknowledge that the chances of them losing are far greater, than the chances of winning.

It is VERY OBVIOUS that most do not know what they are doing, for, if they did, they would not be doing it:eek:

TE
More...

I think it needs to pointed out that this discussion is mostly relevant to short term (intraday) trading.
 
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