Higgenbotham wrote:
This is a summary of my battles with the California bots. I will be back for revenge and victory!
Well, at least you got more profitable transactions (305)
than unprofitable ones (181). That's what counts, isn't it?
Higgenbotham wrote:
This is a summary of my battles with the California bots. I will be back for revenge and victory!
Conventional trading wisdom says you should take many small losses and let your profits run on a few transactions so as to overwhelm the greater number of losing transactions. Like most conventional economic wisdom, that will work if the environment stays similar to that of the past few decades, but if this is a crisis period, staying long winning trades will likely only result in winners turning into losers when liquidity evaporates, the exchange closes, there is a sudden collapse and stops can't be executed, etc.John wrote:Higgenbotham wrote:
Well, at least you got more profitable transactions (305)
than unprofitable ones (181). That's what counts, isn't it?
Richard Russell would say what counts is that, "In a bear market everyone loses and he who loses the least is the winner."John wrote:That's what counts, isn't it?
https://www.youtube.com/watch?v=42-bT1F8dbw what we already knewHiggenbotham wrote:As for me, what counts is smashing the bots. I don't care how I do it. What I do know, though, is what they are doing and what does not work.
** The nihilism and self-destructiveness of Generation X (21-Jan-2008)Higgenbotham wrote: > As for me, what counts is smashing the bots. I don't care how I do
> it. What I do know, though, is what they are doing and what does
> not work.
freddyv predicted my destruction in these pages 10 years ago. I'll still be here in 10 years, the markets will be long gone and victory will have been mine.John wrote:** The nihilism and self-destructiveness of Generation X (21-Jan-2008)Higgenbotham wrote: > As for me, what counts is smashing the bots. I don't care how I do
> it. What I do know, though, is what they are doing and what does
> not work.
** http://www.generationaldynamics.com/pg/ ... m#e080121c
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