pthomas215
1,251 posts
msg #134785
- Ignore pthomas215 |
3/7/2017 8:10:13 PM
Jake, he is referring to warren buffet's 2 major rules of investing:
1) Dont lose money
2) Dont forget about rule number 1
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shillllihs
6,088 posts
msg #134787
- Ignore shillllihs |
3/7/2017 8:54:09 PM
And this is what I used to model my 40k trade.
Instead of Kold I used Dgaz.
Theory based on inverse leveraged ETFs eventually fill 100%
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shillllihs
6,088 posts
msg #134789
- Ignore shillllihs |
3/7/2017 9:00:30 PM
You won't believe it PT, but that's exactly the motto that's been going through my head lately.
Besides my large Dgaz trade that I was sure was going to be a hit, I'm gravitating towards the
smaller trades. When you chase money is when you lose, but if you enter like a virgin and conduct your business organically you see better results.
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pthomas215
1,251 posts
msg #134790
- Ignore pthomas215 |
3/7/2017 9:56:53 PM
I could not agree more. I try to stick to smaller positions now. Keith Fitzgerald was saying most people go into their trading thinking of the amount of money they want to make--then after awhile they go into their trades thinking only about managing risk. Great filter btw.
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shillllihs
6,088 posts
msg #134792
- Ignore shillllihs |
3/8/2017 12:32:41 AM
Thanx, as usual someone posted a filter last week for another purpose and I just tinkered with it.
So lucky Kold popped up since it returns very few results. Great inverse filter.
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shillllihs
6,088 posts
msg #134793
- Ignore shillllihs |
3/8/2017 9:13:43 AM
Covered DGAZ for several hundred dollars.
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shillllihs
6,088 posts
msg #134802
- Ignore shillllihs |
3/9/2017 9:38:28 AM
SHORT 2million dollars worth of ERY at 12.00
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johnpaulca
12,036 posts
msg #134803
- Ignore johnpaulca |
3/9/2017 9:45:01 AM
2 million monopoly dollars, you're such a douche bag.
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shillllihs
6,088 posts
msg #134804
- Ignore shillllihs |
3/9/2017 9:59:56 AM
Sorry, that was a typo
2million dollars short ERY 12.06
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shillllihs
6,088 posts
msg #134805
- Ignore shillllihs |
3/9/2017 10:17:12 AM
Man, I should take that 40k profit but let's roll the dice.
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