clucking bell 
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"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain -
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I am what I drink, and I'm a bitter man
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5% is a reasonable position size.Originally posted by scooterscot View PostThat's right, my leverage short is about 5% or $xxxk, now.. it was $xxk yesterday
Although, how can the 3x short have gone up 10-fold when BTC isn't much lower than it was on the 25th June when you opened the position?
Bitcoincharts | ChartsScoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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Words fail me. Your ego is refusing you let you believe you are not infallible.Originally posted by scooterscot View Postha ha - no, there's no 'I think' full stop. Everything is in probability. I measure probability and trade that. My postgrad and career to date were all about measuring probability. I've just changed what I'm adding up.
Since my course I've yet to enter a trade that resulted in a loss. I know it sounds crazy, but it's the truth. Here's is a chart where I measured the probability most recently of further downside back in April. It is public record, I cannot change it, remove it. At this moment I'm up almost 350%
I'll be adding this one to my list soon, my best yet, I think..omg I used that word!
But, it looks like you've not long graduated (unless you've not had a loss for decades since your "course") so immaturity, naivety and that sometimes dangerous youthful sense of invincibility are probably in the mix too.
You still haven't answered the core question: why stay invested in stocks if your "probability" indicates that you'd get better returns elsewhere? And if you "probability" doesn't not tell you that, why aren't you averaging-down in those stocks rather than invest elsewhere?Last edited by Paralytic; 30 June 2020, 06:55.Comment
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If you only ever sell winners, and hold on to losers...
...eventually you'll end up with a portfolio of losers.Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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They won't be losers if he doesn't sell them. Apparently.Originally posted by DealorNoDeal View PostComment
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They're 'long term investments' in junk.Originally posted by Old Greg View PostMake Mercia Great Again!Comment
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Originally posted by DealorNoDeal View Post
10 fold?"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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