Yea, it's a ballsy move to get on a plane.
But there are also plenty of professional truckers with hand in wheel that end up dead too.
But there are also plenty of professional truckers with hand in wheel that end up dead too.
Technical Analysis Fallacy
- #35,482
- Edited 2:37am Aug 6, 2012 1:54am | Edited 2:37am
- Joined Nov 2007 | Status: Trader | 19,782 Posts
Yea, it's a ballsy move to get on a plane.
But there are also plenty of professional truckers with hand in wheel that end up dead too.
Oh, some amount of risk is unavoidable in living everyday.sometimes you just need put the ballsy on a plane.
Yes many pro truckers also do gets killed, because of other idiots on the roads.
so does the peeps sitting under a ceiling fan.
My point to do try sky diving.
Then you will understand.
Humans are nothing, they control nothing of the environment.
Pray the nature doesn't take displeasure in the humans.
Just because some can kick other humans around and also slaughter animals for food, say nothing of humans real capacity.
Really not amount to very much.
regards
I remind you.
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Do you know what is like,
entrapped in a failing vice?
Need BE VERY CAREFUL of the cages that we build.
"You can check out, but you can never leave."
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Some will understand without need be told.
Some will understand when being told.
Some? They will never understand.
- #35,484
- Aug 6, 2012 3:45am Aug 6, 2012 3:45am
- Joined Jul 2011 | Status: an ant working the structure | 3,248 Posts
sometimes you just need put the ballsy on a plane.
Yes many pro truckers also do gets killed, because of other idiots on the roads.
so does the peeps sitting under a ceiling fan.
My point to do try sky diving.
Then you will understand.
Humans are nothing, they control nothing of the environment.
Pray the nature doesn't take displeasure in the humans.
Just because some can kick other humans around and also slaughter animals for food, say nothing of humans real capacity.
Really not...
Hi fti
I never understood this until I had my accident (probably one of the reasons it happened to me), then I realised that what little we do is really out of our control, sure we can try to limit the risks but that is all, some things look very innocent but come with very real unseen/experienced risk, that is where the real danger lies because your expectations of harm/loss is minimal.
As you say sir there are two edges to this sword we play with.
Regards
Phil.
-be careful about what you allow to be put in your mind-
- #35,485
- Aug 6, 2012 3:54am Aug 6, 2012 3:54am
- Joined Nov 2007 | Status: Trader | 19,782 Posts
Hi fti
I never understood this until I had my accident (probably one of the reasons it happened to me), then I realised that what little we do is really out of our control, sure we can try to limit the risks but that is all, some things look very innocent but come with very real unseen/experienced risk, that is where the real danger lies because your expectations of harm/loss is minimal.
As you say sir there are two edges to this sword we play with.
Regards
Phil.
Phil.
Yes we willing combatants.
Damage is part of the game sometimes.
Damage control is important.
Objective is victory overcome , inspite of.
regards
- #35,486
- Edited 4:57am Aug 6, 2012 4:02am | Edited 4:57am
- Joined Nov 2007 | Status: Trader | 19,782 Posts
I rarely leave quotes in full, but... it's not nice to slap babies like that.
thats no baby.no babys in this markets please. its killingfields.
He's supposed aspiring dealer.
If no can take the heat.
Please stay away from the kitchen. I guess.
There markets, we sort out the men from the boys.
see what they can do , even to the experienced.
Sometimes can put men to their knees, even.esp when we gets rigid and bias.
regards
Believe or not,i was saved by damaged control, although sustained damaged.
Is fighting within risk parameters althought 300% off norm and all foreign cap of the year sunked.
Will recover, takes some heavy duty managing.
I not want get any more rigid, we'll see.
We are only as good as our last trade.
i am conventinal fronts man.
won't shoot anyone in the back.
but no be mistaken.
in battlefield, i take no prisoners.
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- #35,489
- Edited 7:03am Aug 6, 2012 6:51am | Edited 7:03am
- Joined Nov 2007 | Status: Trader | 19,782 Posts
Dear Fti,
hate to hear that you took that kind of damage on Friday's battle.
I've been thinking about this questions a lot and I make them with full respect, not critisizing in any way, I'm just trying to cope with my own battles.
The hardest part I've found about managing my book is how far to go on drawdawns. I've experienced long periods of daily profits and then after 3 months, half of them dissapear in 1 bad day. (as it seems happened to you?)
On the other hand.. throught the thread I've read many times the advise of try not to loose...
no problem.
my excuse was that i was a little worried of the free fall once 1.2 would test.
in fact was thinking if i could think what i would do if i was CB watching the free fall happen.
so i hindge to ECB lead hoping to see some form of activity arrest the situation
asked for honour.
by the time the us NFp came .
was very nervous with the long euros.
and upon the release of the NFP.
had to release the longs and whet short to protect book.
utter disappointed and had to return join the mainstream selling.
What caused the risk managing skew way out of the norm risk parameters was due yo the volitility of the up run , which totally disregarded the exceptional good results that the us posted. was very cautious in the rescue of the short exposure.
But as fate has it was not to see the lights of day until about now.
Still managing with book drawdowns into upper single digits %.
It is my protocol never trade against the dorminant patterns on the charts and thursday was a outside day key reversal down wards.
even now we still trading within range.
But the violitility is making me uneased, so the range scope is expanded to accomodate high sd divergence .
I no enjoy the liquidity of the nervous market place mostly.
Mostly loss is due to market instability(ducks) and my rigidness to a no solution outlook to the euro problems yet.
As proven rigidness of bias is always a bad thingy for traders.
Although cost of shorts had improved substentially. The exceptional high sigma of my blotter is still causing me nervousness.
regards
- #35,490
- Aug 6, 2012 7:03am Aug 6, 2012 7:03am
no problem.
As proven rigidness of bias is always a bad thingy for traders.
regards
I guess, like you've said many times. It is a battlefield and there are no right or wrongs, just need to find the way to win your own war.
Wish you a quick recovery (profit and health wise!)
Regards,
- #35,491
- Aug 6, 2012 7:13am Aug 6, 2012 7:13am
The exceptional high sigma of my blotter is still causing me nervousness.
Did you reinstated the battle after the weekend? or carried the positions?
- #35,497
- Aug 6, 2012 10:50am Aug 6, 2012 10:50am
- Joined Jul 2011 | Status: an ant working the structure | 3,248 Posts
-be careful about what you allow to be put in your mind-
- #35,499
- Edited 11:09am Aug 6, 2012 10:55am | Edited 11:09am
- Joined Nov 2007 | Status: Trader | 19,782 Posts
Left side = asset
right side = liability
peruse your balance sheet.and look around you.
regards
- #35,500
- Aug 6, 2012 10:58am Aug 6, 2012 10:58am
- Joined Nov 2007 | Status: Trader | 19,782 Posts
The dude at the top is burning fuel
The dude at the bottom is getting hella buffed
you think the one burning fuel has an asset?
hint:look on his right.
regards