zeroxzero January 17th, 2014 at 1:19 pm
Phil's Wiki advice, reiterated on the board the other day, to the effect that "if a trade goes against you, you were wrong, get out" have proven very useful this week. Strange how your luck picks up when you bail very quickly out of red trades and stick to green ones. Hope, as I wrote a long time ago, is not a strategy. Funny it took me so long to internalize what I have always followed in my alternate pursuits [like being lost in the mountains at dusk — don't wander around, hoping to pick up the trail, and fall off a mountain — find cover and collect some firewood!]
January 17th, 2014 at 1:19 pm
Phil's Wiki advice, reiterated on the board the other day, to the effect that "if a trade goes against you, you were wrong, get out" have proven very useful this week. Strange how your luck picks up when you bail very quickly out of red trades and stick to green ones. Hope, as I wrote a long time ago, is not a strategy. Funny it took me so long to internalize what I have always followed in my alternate pursuits [like being lost in the mountains at dusk — don't wander around, hoping to pick up the trail, and fall off a mountain — find cover and collect some firewood!]