Position Management - the Unfortunate Afterthought

Discussion in 'Trading' started by bone, Mar 24, 2022.

  1. qlai

    qlai

     
    #11     Mar 24, 2022
  2. qlai,

    hahahahahhahahahaahh

    LOL, everybody bullshitting. People make trading look like it is rocket science or something. If I knew how to make money trading, I just show someone how to make money trading in about 5 days and then they making money trading.

    Its not rocket science, just no teachers making money that qualify to teach.

    Like, people really be bullshitting.

    For example, Larry Williams made 11,000% return in one year 1987, 10 years later he taught his 17 year old daughter how to make 1000% return in one year.

    https://www.businessinsider.com/michelle-williams-trader-father-2011-1

    So everyone need to stop bullshitting. Traders do not make money, cause they have wrong teachers teaching them to make money.

    upload_2022-3-24_15-0-27.png
     
    Last edited: Mar 24, 2022
    #12     Mar 24, 2022
  3. Overnight

    Overnight

    That chart says he made just over 11,000% in '87.
     
    #13     Mar 24, 2022
  4. Thanks for the correction
     
    #14     Mar 24, 2022
  5. comagnum

    comagnum

    Larry Williams daughter making 1,000% is amazing, she must have had a great teacher.
     
    Last edited: Mar 24, 2022
    #15     Mar 24, 2022
    SimpleMeLike likes this.
  6. Yes she did
     
    #16     Mar 24, 2022
  7. Got another one - adding to a losing position. That is not clever sometimes, and is even worse if done for no analytical reason
     
    #17     Mar 24, 2022
    Van_der_Voort_4 and bone like this.
  8. tomkat22

    tomkat22

    Nice to know Michelle Williams has something to fall back on in case her little acting hobby doesn't work out. LOL
     
    #18     Mar 24, 2022
    SimpleMeLike likes this.
  9. newwurldmn

    newwurldmn

    looks like Larry failed at life.

    there are many bad teachers out there. And there are many people who will fail at trading regardless of who their teacher is.
     
    #19     Mar 25, 2022

  10. never add to losing trade.png
     
    #20     Mar 25, 2022
    bone and qlai like this.