Did you see the Kansas/Memphis basketball championship game?
Kansas was wrong (should have lost)-----but they won!!
Just like the market-----your position looks wrong-----but you win!!
Today----thru a curve early to most but the wrong position early won today!!
winners are not right----they just win
Started by
mcleert
, Apr 11 2008 04:50 PM
4 replies to this topic
#2
SemiBizz
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- Traders-Talk User
- 23,217 posts
Volume Dynamics Specialist
Posted 11 April 2008 - 05:08 PM
Yeah that's what the losing coach said... he kinda summed it up that they were the better team, implying that Kansas got lucky... That is nonsense. 
You are implying that if you were short you were wrong, and that is also nonsense.
If you won, you were right. That's the end of the story right there.
This game isn't about being right or wrong, it's the serious business of making money.
If you manage your portfolio with the proper entries, exits and stops you will make money
whether you are a bull or a bear. That doesn't make one bit of difference.
The only way you will lose is if you HAVE to be right.
Besides I don't give a rat's A$$ about being right, I just want to make money. $$$$$
You are implying that if you were short you were wrong, and that is also nonsense.
If you won, you were right. That's the end of the story right there.
This game isn't about being right or wrong, it's the serious business of making money.
If you manage your portfolio with the proper entries, exits and stops you will make money
whether you are a bull or a bear. That doesn't make one bit of difference.
The only way you will lose is if you HAVE to be right.
Besides I don't give a rat's A$$ about being right, I just want to make money. $$$$$
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#3
atlasshrugged
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- TT Patron+
- 4,409 posts
Member
Posted 11 April 2008 - 05:26 PM
Yeah that's what the losing coach said... he kinda summed it up that they were the better team, implying that Kansas got lucky... That is nonsense.
You are implying that if you were short you were wrong, and that is also nonsense.
If you won, you were right. That's the end of the story right there.
This game isn't about being right or wrong, it's the serious business of making money.
If you manage your portfolio with the proper entries, exits and stops you will make money
whether you are a bull or a bear. That doesn't make one bit of difference.
The only way you will lose is if you HAVE to be right.
Besides I don't give a rat's A$$ about being right, I just want to make money. $$$$$
i just want to chase tail
Edited by iron cross, 11 April 2008 - 05:27 PM.
#4
jdjimenez
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- Traders-Talk User
- 1,252 posts
Member
Posted 11 April 2008 - 09:39 PM
mcclert, sorry Memphis got out coached! 
SemiBizz, The only way you will lose is if you HAVE to be right. darn, I wish I had been told & understood this 2 years ago! Great quote!!!!
iron cross, I just want to chase tail. Second that!
JDJ
SemiBizz, The only way you will lose is if you HAVE to be right. darn, I wish I had been told & understood this 2 years ago! Great quote!!!!
iron cross, I just want to chase tail. Second that!
JDJ
#5
milbank
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- TT Patron+
- 4,714 posts
Member
Posted 11 April 2008 - 10:47 PM
You are implying that if you were short you were wrong, and that is also nonsense.
If you won, you were right. That's the end of the story right there.
This game isn't about being right or wrong, it's the serious business of making money.
If you manage your portfolio with the proper entries, exits and stops you will make money
whether you are a bull or a bear. That doesn't make one bit of difference.
The only way you will lose is if you HAVE to be right.
Besides I don't give a rat's A$$ about being right, I just want to make money. $$$$$
Seconded totally.
Chasing tail? Did that. Did it during that magical age between the invention of the pill and AIDS that will never be seen again in my lifetime.
You never get enough.
You just move on to other aspects while you still have it and before you start to look creepy or worse, pathetic.
Edited by milbank, 11 April 2008 - 10:47 PM.
"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw
"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe
