stock market crash

[scooterscot]

https://quoteinvestigator.com/2011/08/09/remain-solvent

The trickiest part of putting your money into a bearish bet is the timing. You can be right that a market or sector is overvalued but wrong on the timing. That’s essentially what economist John Maynard Keynes meant when he said, “The market can stay irrational longer than you can stay solvent.”

Very true - this isn't a bet though. This trade is the result of hours of study. And I don't try to time the markets, it would be great if you could... but then maybe. In the early 90's crash there was many a story of a broker hiding from clients under the desk as they all rushed to exit the market at the same time. But this can't happen today you may say. Actually you'd be dead wrong. They can pull the plug on the whole thing, and have already done so in March. Point is when you try to exit or enter as the same time as everyone else you get the worst deal possible.

I'll not lie, if the trade goes sour it'll pinch - could have bought a BTL instead and stressed myself out with managing tenants

[AtW]

Very true - this isn't a bet though. This trade is the result of hours of study.

You can study horses all year long, but it would stil be a bet when you bet on them.

[jamesbrown]

This trade is the result of hours of study.

[scooterscot]

Scottish Asian, that's me... you looking through my windaw or someit?

[DealorNoDeal]

Very true - this isn't a bet though.

I'll not lie, if the trade goes sour it'll pinch

By definition, it is a bet (gamble) because you are risking money on something with an uncertain outcome.

Only very long term investing, in a diversified portfolio, is not gambling.

[scooterscot]

The difference between what I'm doing and gambling is measuring risk. Quite certain punters turning up at the bookies don't perform a risk analysis.

Measuring risk is everything coupled together with a strategy. If you don't have a strategy, you're probably indeed gambling just hoping for the best.

[TheGreenBastard]

The difference between what I'm doing and gambling is measuring risk. Quite certain punters turning up at the bookies don't perform a risk analysis.

Measuring risk is everything coupled together with a strategy. If you don't have a strategy, you're probably indeed gambling just hoping for the best.

Different levels of gambler, there's professional gamblers. From the evidence of this thread, they do analysis that's far more sophisticated than your tea leaf reading.

Definist fallacy - Wikipedia

[scooterscot]

FTSE 100 down 1% since opening


Come on tea leafs!

[Whorty]

FTSE 100 down 1% since opening

Come on tea leafs!

Normal daily movement. Nothing to worry about. Unless you're over leveraged and for each % drop means 3+% loss

[Old Greg]

The difference between what I'm doing and gambling is measuring risk. Quite certain punters turning up at the bookies don't perform a risk analysis.

Measuring risk is everything coupled together with a strategy. If you don't have a strategy, you're probably indeed gambling just hoping for the best.

This looks like a more structured and principled system than your chart analysis.

http://www.sacredscience.com/SOLASTR...ng-Systems.htm