big buzzy bumble bee barking up the trees


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!
If I don't know how do I know what I don't know?You don't know what you don't know.
If I don't know how do I know what I don't know?

I get it, but how do I know it is not going to be of real value?As Mr Ripley said !!!!!!!
Sometimes you are better off not knowing what you think you must know..as..why on Earth would you want to know anything that is not going to be of any real value to you..and..if it was of any real value..no one is going to share it that easily with someone else..just because they ask!!
As Donald said.."the unknown unknowns"![]()
If I don't know how do I know what I don't know?
I get it, but how do I know it is not going to be of real value?
Like chart reading, I still don't know what I don't know and whether it is just pure chance/luck rather than skills that got me results?
And finally, you are talking about the Donald R that I knew, not the Donald T that I don't know?
In all seriousness, reviewing my results since 2013, I should be happy but as you said many times: Is is luck or skill? If I have to guess, it is pure luck. I was just riding on the coattail of the SPX bull since 2013 and any idiot can make money. I am taking profits scaling out for I don't want to be a real idiot in a year or two.
Thank you for everything and best to you sir.


Why Is The Obvious Not So Obvious?
B/C it`s tough to find!
