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Your exit is more important than your entry?

  • #41
  • Sep 20, 2013 11:40pm Sep 20, 2013 11:40pm
Quoting liberty458
it takes a life time to learn, a couple of swigly lines are not going to do it....
I see that you've been around for awhile
So... with all due respect;

if it takes a lifetime to learn what good is the knowledge?

Think about that carefully.
When the Joker is in the deck.. fear not and play it well
  • #42
  • Sep 21, 2013 12:02am Sep 21, 2013 12:02am
Quoting Slim Buffett
{quote} DUDE !!! I don't think that JS was "assuming" that manual trading is all there is. Most of us nowadays weren't born in the iCE aGE. {quote} In fact, I'm fairly certain that JS was referring to manual trading so if you know nothing about that, or what it's like why are you here. ??
The problem here it seems is that the topic is being discussed at different levels by different people. If you go back you'll see most people here are talking at a system design level, and not merely at a order execution level. All my speech was kept at a system design level, and for good reason. Execution effect can be nullified through automation, and becomes completely irrelevant if the system being traded is without edge. So ​what's really left to discuss here and is way more important in the grand scheme of things, is what importance should be given to entry/exit in order for a system to have an edge. And obviously for me when it comes to system design, objectively, logically speaking, entries and exits can only have the same importance.

My apologies to Junestorm for any misunderstanding.
"To hold, you must first open your hand. Let go." - Lao Tzu
  • #43
  • Sep 21, 2013 12:06am Sep 21, 2013 12:06am
if it takes a lifetime to learn what good is the knowledge?

But you know already what I meant with that, every day lessons in trading should open new doors for the average Bear/Bull, so in a persons life time we all ( maybe not all) started by learning not to pee in our diaper - and by today we have learned not to do that.....I do hope so..... we all start somewhere and I do hope that we get things sooner or later...... so it is like going to school, every day a new lesson, if one is serious in what one is doing, I hope that we learn every day something new....And YES when we reach the end of the Road we know a lot, or I should say some of us do, and then it may not do us any good, but learning keeps us in shape, besides it could also be financially rewarding.....
But I do have a sense of Humor Slim
  • #44
  • Sep 21, 2013 12:20am Sep 21, 2013 12:20am
Quoting liberty458
if it takes a lifetime to learn what good is the knowledge? .... But I do have a sense of Humor Slim
LOL !!
Yes, I get you.

I was just thinking that "what if" I had a sudden realization just
before I died.... like "what if I could have known that BEFORE I died?"

Seems to me that "before a lifetime" is the best time to accumulate knowledge.
That's all I meant.

Cheers
When the Joker is in the deck.. fear not and play it well
  • #45
  • Sep 21, 2013 12:30am Sep 21, 2013 12:30am
I was just thinking that "what if" I had a sudden realization just

before I died.... like "what if I could have known that BEFORE I died?"

Well Slim, if that would be the case, you would have to use it in your next time around, so this way your sudden realization would not be wasted, and yes maybe it could be an earth shattering Idea, so you would become the next????
Cheers to you, Trade well.....
  • #46
  • Sep 21, 2013 12:39am Sep 21, 2013 12:39am
Quoting liberty458
I was just thinking that "what if" I had a sudden realization just before I died.... like "what if I could have known that BEFORE I died?" Well Slim, if that would be the case, you would have to use it in your next time around, so this way your sudden realization would not be wasted, and yes maybe it could be an earth shattering Idea, so you would become the next???? Cheers to you, Trade well.....

Here's to you
"epiphany" btw...........

Inserted Video
When the Joker is in the deck.. fear not and play it well
  • #47
  • Last Post: Sep 21, 2013 12:52am Sep 21, 2013 12:52am
Thanks for the Video Slim, but it does not download were I'm - and that is ok....and Yes I have an intuitive mind, take care for now.....
Liberty
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