Never Lose Again

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TheRumpledOne
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Re: Never Lose Again

Postby TheRumpledOne » Thu May 28, 2015 1:47 pm

gbpusdweekly.png
gbpusdweekly.png (45.13 KiB) Viewed 260 times


Notice the change of colors of the multimeters for the lower chart periods.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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TheRumpledOne
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Re: Never Lose Again

Postby TheRumpledOne » Thu May 28, 2015 2:08 pm

Relevant Thought Processes

Rationality

When Charlie Munger was asked the secret to his success, he responded “I’m rational.” But what does it mean to be rational?

In investing as in life, there is perhaps nothing more useful than developing thought processes that help determine what is true and what is best to do, and that lead to rational action and belief.

In order to take actions that fulfill our goals, we must base those actions on beliefs that are properly calibrated to the world. We all want our beliefs to align with the way the world actually works and we also want to maximize the chances of achieving our goals, based on the resources at our disposal.


http://www.farnamstreetblog.com/2014/12 ... decisions/
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Re: Never Lose Again

Postby TheRumpledOne » Thu May 28, 2015 2:24 pm

"If you have a good process and a good outcome that’s deserved success. If, however, you have a good process and a bad outcome, that’s what I call a bad break. If, on the other hand, you have a bad process and a good outcome, that’s just dumb luck. And finally a bad process with a bad outcome is really just poetic justice."


For trading it becomes:

If you have a good SYSTEM and a PROFITABLE outcome that’s deserved success. If, however, you have a good SYSTEM and an UNPROFITABLE outcome, that’s what I call a bad break. If, on the other hand, you have a bad SYSTEM and a PROFITABLE outcome, that’s just dumb luck. And finally a bad SYSTEM with an UNPROFITABLE outcome is really just poetic justice.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: Never Lose Again

Postby Goonslinger » Thu May 28, 2015 2:43 pm

"The long and short of it is: In your decision making, spend less time trying to be brilliant and more time trying to avoid obvious stupidity. Avoiding stupidity is easier than seeking brilliance."

Would having a system to avoid stupidity then free you up to pursue brilliance?
"So let it be written; so let it be done."

haszar
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Re: Never Lose Again

Postby haszar » Thu May 28, 2015 3:33 pm

Dear TRO, thank you for your kind generosity and for giving so much freely. Can you please give me a link to your 2015 Donational Indicators. I would like to make my donation and love to have the indicators.

Many thanks.

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Re: Never Lose Again

Postby ANDRE1982 » Thu May 28, 2015 5:50 pm

Hello TRO!! Сan you have Vegas Tunnel ma144;169;12? MULTI_PAIR_Vegas Tunnel :shock:

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TheRumpledOne
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Re: Never Lose Again

Postby TheRumpledOne » Thu May 28, 2015 10:12 pm

Goonslinger wrote:"The long and short of it is: In your decision making, spend less time trying to be brilliant and more time trying to avoid obvious stupidity. Avoiding stupidity is easier than seeking brilliance."

Would having a system to avoid stupidity then free you up to pursue brilliance?


Sounds like a step in the profitable direction.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Re: Never Lose Again

Postby TheRumpledOne » Thu May 28, 2015 10:13 pm

haszar wrote:Dear TRO, thank you for your kind generosity and for giving so much freely. Can you please give me a link to your 2015 Donational Indicators. I would like to make my donation and love to have the indicators.

Many thanks.


https://www.kreslik.com/forums/therumpl ... tors-t8995

That's the link to donate.

I email the indicators after receiving a donation.

Thanks for your support.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

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TheRumpledOne
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Re: Never Lose Again

Postby TheRumpledOne » Thu May 28, 2015 10:14 pm

ANDRE1982 wrote:Hello TRO!! Сan you have Vegas Tunnel ma144;169;12? MULTI_PAIR_Vegas Tunnel :shock:


I don't understand the question.

Please show a chart and rephrase your question.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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ANDRE1982
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Re: Never Lose Again

Postby ANDRE1982 » Fri May 29, 2015 12:11 am

You have the indicator_MULTI_PAIR_Vegas Tunnel ?

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