DionysusToast
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Bison's got a poker background - he's comfortable with when to push on and when to lay off with his bet sizes rather than adopt the 'conventional wisdom' of static risk per trade.
His choice and good on him.
For sure - but the sceptic in me wonders how he can know when to lay off if 50% of his trades are off someone else's calls...
Lack of courage to handle huge equity swings?
If I inherited £10M tomorrow I would not hesitate to deposit it all and bet my usual 5-10% per trade. I have no qualms about taking large losers because I cannot stand to have a large edge and not really go for the jugular. I always have had the confidence to bounce back no matter what. Thats my personality, which is probably the exception not the rule.
Presupposing that you have a similarly good edge (which you most likely dont) could you say the same?
This is not an attack - although Bison has had a few pokes at me. I presume because of my pokes at his mentor (no wonder my ears have been burning). So I expect he may take it as an attack.
Anyway - how do you say you have a good edge that other people likely don't have, when you are trading someone else's calls? It sounds somewhat of a contradiction.
It is obvious Bison is doing very well with this. Long may it continue. Someone else's calls + betting a large percentage of your equity = great return. Great if you can make it work.