But we can still spell.
But we can still spell.
'Thighland'? I assume you mean Thailand, or is there a Thighland in West Virginia?
L
Liquid validity
Hello DB, what are you thoughts on this? 🙂
http://www.trade2win.com/boards/gen...-lifetime-preps-start-now-57.html#post1873914
just some education for uninitiated ....🙂
its called LOS i.e. the Land of Smiles, for the initiated who do have the right to vaudeville, the vocab is
Bangcock
Phukit
Thigh-land .... see pic, I rest my case :whistling
Attachments
My opinion? Its a good post, but is meant for priests, bishops and holy-shmollies aka new traders. All good advice akin to being in school.
Then you graduate to being "deadbroke" - meaning this .....
you sh*tcan all these theories, books and whatnot, straight out the fc*in window and then you develop your own style, become your own man, leave the so-called experts behind and walk your own road.
That in essence is the deadbroke road
🙂😀:whistling
L
Liquid validity
Every book I read had good advice. Every guru I heard, had good advice.
Ditto in the realm of p*ssy hunting. Everyone has his own method. Beginners revel in the methods of others who came 🙂)) before them, seasoned warriors know that to survive and live well they've gotta find their own road.
There are many roads that lead to Rome. All those who get to Rome therefore have viable methods.
My phil is very simple, " don't compromise with your own reality, be our boss, keep your own counsel"
Its that simple.
L
Liquid validity
Thats very interesting, I was wondering what you thought of
the references to ego and risk control made by PTJ though 🙂
2 years ago Professor Charles Bassetti, author of TA of stock trends 9th ed., sent me an email on the UsdChf and showed me where PTJ would be placing his STOP.
It shocked me because it was 5% away from Price.
The Prof. replied, "now you see what the big leagues are all about? We don't care about losing the difference to the 5%, what we care about is riding the trend to its natural death - that is the essence of the pro"
I dug that comment like there was n tomorrow - dug it ral good - dreamed about it for nites and nites.
Therein like the chief attribute to success - not to panic during the inevitable retracement.
The same way Muhammad Ali thought about all the rules about not bragging.
I threw them in the trash.
Each gots to go with his own style.
🙂🙂🙂
L
Liquid validity
So you do accept that at any point you can be wrong and no one knows the future.
The only reason I ask is I am unsure what your risk control methodology is.
You don't appear to use stops, fair enough, PTJ uses mental stops.
What about averaging losing trades?
Being wrong is an occupational hazard in this game. I've been wrong many times. And there will be more times.
But I'm yet to bust any trading account and so far I'm soooooo far in the greeen for trading its a total joke to listen to the authors and gurus about rules.
When one is right there is nothing to do, except rake in the profits and just exercise balls not to bail TOO quickly = letting profits run, an old adage that I believe in firmly and that I've now made my own.
Risk control methodology is mental STOPS - now remember that I'm still a young trader and that I'm developing as we speak - the mistakes of the Dow trade are in hindsight staggeringly dumb, dumb, dumb - but it is a good lesson for me. I broke all my own trendfollowing rules and shorted too early. This is an area of discipline where it is sure that I will f*ck up again - until I truly get it.
But here is where I differ from almost EVERY mother's son:
Tops and Bottoms CAN BE called and acted upon = this type of future is predictable.
And it is this perception of an impending top or bottom that drives me, that brings out the zeal.
That's just the way it is.
Who cares if it breaks all the rules of trading.
🙂
L
Liquid validity
Fair enough 🙂
What about averaging losers though?
What about averaging losers though?
Youve lost me.
rsh01
Experienced member
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Are your viewpoints formed directly from what you read in the western MSM? If not can you please provise your sources as I wld be keen to read. Remember this is a time when the media and its political ties in the uk are still undergoing scrutiny, as such I wld have thought scepticism of media wld be at a highpoint, but perhaps not. Crikes.
There are actually other sides to the syrian story believe it or not (I sit on the fence at the moment as I do not know who to believe)...
Try broadening your news sources (I am now making the assumption you have not seen these) and watch mr syrian:
YouTube - Broadcast Yourself.
And then perhaps put the daily mail et al down for a few mins more and watch syrian girl (who is pretty fit, so a possible bias cld form):
http://m.youtube.com/watch?v=hk1sLqfWdVw#/watch?v=hk1sLqfWdVw
On watching at least then you would have heard some first hand reporting from syrian people about the conflicts ongoing in syria, rather than just from the useless fleet street hacks who are paid to prop up their political buddies.
(The guardian and some other media outlets in the uk used to portray balanced arguments when reporting on areas of conflicts, but tragically those days are long gone)
As I said above I don't have a side re the syrian issue as there's v little info to go on, but to assume (not necessarily talking about you as you maybe well read and have some very valid sources) that what is reported on our news is fact is dangerously complacent. Moreso, when we are currently witnessing the unravelling of one of the biggest economic frauds in history, all aided and abetted by the very same MSM.
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Atilla
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I read a lot and haven't touched Daily Mail since last year when I picked up a left behind copy on the tube.
Thanks for the heads up and I will try and diversify my sources. Do you have any other recommendations other than those excellent youtube videos?
Be patient, pb - time permitting there will be some follow-ups .......
keeping track of America's involvement is easy, akin to a trundling giant - the UK however operates in downright devious ways and not so easily discernible.
Consider that installment the first in a series of detective work 🙂
And all the while Israel is laffing its ass off that both, the current superpower and the one of yesteryear continue to play right into its hands.
Yet again proof that power and intelligence are not necessary, "cunning" is hard to thwart.
