Do books help you in trading? - page 7

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Aleksey Nikolayev:


Did Uncle Einstein put any stop-losses when he studied Brownian motion? Or Bachelier? They just mastered the wisdom of being, that's all.

 
Alexander_K2:

Some kind of stop-loss... What's a stop-loss? There's no such word in the Bible. It is cowardice in the market for the uninitiated.

The use of stop-losses is a direct consequence of the knowledge that "God works in mysterious ways."

Hoarding losses is a kind of gnostic heresy, which implies the possession of some "secret knowledge".

 
Alexander_K2:

Did Uncle Einstein put any stop-losses when he studied Brownian motion? Or Bachelier? They just mastered the wisdom of being, that's all.

Didn't know they were trading.

 
Aleksey Nikolayev:

Loss-foreclosure is a type of gnostic heresy, involving the possession of some "secret knowledge"

Not only that, but over-surviving publicly = plunging the Worshippers into the sin of greed and envy.
 
secret:
Not only that, to over-sit in public = to plunge the Sufferers into the sin of greed and envy.

For those who are suffering, this is a test of God.

 

It helps to have a book "that's not a gingerbread man" and you really want to give some of them a slap on the wrist, with all the volumes. And then there's "Concrete Maths" on top of the whodunnit

 

And why does everyone think that someone is over-sitting?!

Over-sitting is an absolute disgrace. It requires reading the Bible to overcome that disadvantage.

For some reason it has begun to seem to me that discouragement and unbelief has prevailed on this forum.... I'll think about it, and maybe start broadcasting the SignalE to cheer up those who are suffering.

 
Alexander_K2:

And what makes everyone think that someone is over-sitting something!

If you are not fooling yourself, then so be it:

if the drawdown on an order is significantly greater than the profit on the closing of that order, it is overlapping

if an unprofitable order remains in the market longer than other orders in the TS - this is Overtime

if the "cut the losses but let profits grow" principle is violated with the exact opposite, it is overexposure.

 
Igor Makanu:

Without self-defeating, it's like this:

a great if else worked out

 
Immanuel Kant's "Critique of Pure Reason": "Reason is the faculty that gives us the principles of a priori knowledge". The majority emphasizes that 90% of traders are lost, but what percentage of educational literature (information - courses) can be reclassified as waste paper? Books as a source of knowledge are an integral part, but as a filter there should be a logic-based critique.
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