WHAT DID YOU LEARN FROM THE RAT IN 2010?

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hazelj80
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Postby hazelj80 » Tue Jan 04, 2011 4:21 am

proccess is more important than the outcome.

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trueblueTEX
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Postby trueblueTEX » Tue Jan 04, 2011 6:07 am

Don't think. You can't think; you're a Rat!

Every day about this time, you get fed. Maybe you'll get fed today.

(Green Rat):
You see the maze door (red candle closes.)
You see the maze door open (green candle closes.)
You are dropped into the maze (price touches high of the green candle.)
You turn RIGHT!! (go long.)

Then, 1 of 2 things happens:
1) you get some cheese -- swallow! ( take what you can and don't give any back.)
2) you don't get any cheese -- get out of the maze and try again (if it's going against you, don't stay in it!)

Repeat tomorrow when all the Yale students come back to run you through the maze.



Anyway, I think that's what I'm SUPPOSED to learn!! I just have it at a verbal level and not muscle-memory level. (ie, I know the lesson, I just haven't learned it.)

rjmann
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Postby rjmann » Wed Jan 05, 2011 1:44 pm

My most profound and profitable experience came when I did this. I looked back several months over my winning trades, Calculated what I would have made had I held on to all my winning trades. I then incorporated this into my overall trading plan.
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selistones
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Postby selistones » Wed Jan 05, 2011 6:03 pm

nice and very usefull information..

ZsApprentice
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Postby ZsApprentice » Fri Jan 07, 2011 5:09 am

I learned that PATIENCE is necessary when Rat trading, and WAITING for the low/high of the day to confirm entry was vital, as well as EXIT STRATEGY is the name of the game in the Rat's world.

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