Quote from IntelliBitz:
Ok, so far i understood:
1. Trading is Gambling ..yep
2. Place only low risk bets..hard to get this one right all of the time..but yep
3. Take small losses if the bet goes wrong..yep
4. Take small profits if the bet goes right..nope..it all depends on what is happening and a few other factors that we have already mentioned..such as ADR
And i know the obvious has everything to do with take low risk bets...not just placing low risk bets..for..u can place 100 low risk bets and still lose all of your money..u must also be smart..and know when to maximize your odds when you are in a winning trade And the more you know the obvious the more you get it right...well..easier said than done..for..if it was as easy as all think then everyone would be making lots of money..which is not the case..the obvious is not so obvious..and that is exactly why the majority lose most..if not all..of their money when they start dabbling in the financial markets..a fool and his money are easily parted..it is best to accept that you really know nothing about the markets..and as such..will operate as required in such circumstances
Why Is The Obvious Not So Obvious?
- Thread starter nysestocks
- Start date
one is all..to make it tall
many try..and many sigh
in review..not a shrew
one was many..like lost penny
a child can see..what one will be
show him more..and he will roar
"you said one"..no more is fun
now go away..and let me play
the game u see..is so easy
for up it goes..and then it slows
now is time..to watch the chime
and take it all..in case it fall
but wait u say..no other way
it keep on up..like the cup
so what say boy..with his toy
for one not thick..it's but a click
it is called..The Muppet Show
Quote from rossky:
The Oracle,
I really appreciate your efforts. My personal problem here is that I need a clear definition first and then a thorough explanation of what it is and why it is what it is.
u must really understand that most of what is written and discussed about trading is of no real value
---
If I happen to figure out something on my own I will look for confirmation countless times and often will do quite opposite to what I know to test the accuracy of my discovery. And that's basically how we all learn since the moment we are born.
things are the way they are..since time began..and will always be that way..for..that is just the way it is
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Children will do what they are asked to do out of fear of being punished or the prospect of being rewarded for their compliance. Otherwise they will be testing you 'till you turn blue. They are stubborn and rebels because they figure out very quickly that quite often you yourself do things that are opposite to what you say are right things to do.
children look and listen and repeat what they see and hear..for that is how all living beings are wired..at some stage the brain will start to question why things are the way they are..this does not mean things will change..but..if the person changes the way of think and act..then the circumstances that the person finds him/her self..will change..it is as simple as that..all external change firstly requires an internal change..if u keep doing the same thing then u will always get the same results
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In the beginning this thread was so promising. Despite the fact that it has provided for me some valuable insights it remains at the same time the source of confusion.
it is not the thread itself that has u confused..it is your way of thinking..for..if u changed your thought in relation to one aspect of trading..and then done the required work to gain the required experiences..you would then more than likely write..this thread is brilliant and showed me what to do..but..the reality is that you done what was required..and the thread was only the catalyst in the process change that was required..it is as simple as ABC
Quote from rossky:
The Oracle,
I really appreciate your efforts. My personal problem here is that I need a clear definition first and then a thorough explanation of what it is and why it is what it is.
You have to rework your brain.
Break it down like marine boot camp.
No pain-no gain.
The Oracle,
I really appreciate your efforts. My personal problem here is that I need a clear definition first and then a thorough explanation of what it is and why it is what it is.
You have to rework your brain.
Break it down like marine boot camp.
No pain-no gain.
Quote from SnakeEYE:
run from this bullshiters crooks,not walk!they know nothing themselves.
SnakeEYE,
Thank you, brother! (Because you really are my brother.) But I will not insult these people or abandon them. I really see some value in what they are talking about. Secondly, the more shit I take here on ET the less of it I allow the market to feed to me.
Poka, poka
PERHAPS the sentiments contained in the following pages, are not yet
sufficiently fashionable to procure them general favor; a long habit
of not thinking a thing wrong, gives it a superficial appearance of
being right, and raises at first a formidable outcry in defence of
custom. But tumult soon subsides. Time makes more converts than
reason.
As a long and violent abuse of power is generally the means of
calling the right of it in question, (and in matters too which might
never have been thought of, had not the sufferers been aggravated into
the inquiry,) and as the king of England hath undertaken in his own
right, to support the parliament in what he calls theirs, and as the
good people of this country are grievously oppressed by the
combination, they have an undoubted privilege to inquire into the
pretensions of both, and equally to reject the usurpations of either.
In the following sheets, the author hath studiously avoided every
thing which is personal among ourselves. Compliments as well as
censure to individuals make no part thereof. The wise and the worthy
need not the triumph of a pamphlet; and those whose sentiments are
injudicious or unfriendly, will cease of themselves, unless too much
pains is bestowed upon their conversion.
The cause of America is, in a great measure, the cause of all
mankind. Many circumstances have, and will arise, which are not local,
but universal, and through which the principles of all lovers of
mankind are affected, and in the event of which, their affections
are interested. The laying a country desolate with fire and sword,
declaring war against the natural rights of all mankind, and
extirpating the defenders thereof from the face of the earth, is the
concern of every man to whom nature hath given the power of feeling;
of which class, regardless of party censure, is
-
THE AUTHOR.
-
Philadelphia, Feb. 14, 1776.