Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

jackb

Paul Tudor Jones V. Dr. Alexander Elder

Doubling Down With A Loser?  

25 members have voted

  1. 1. Doubling Down With A Loser?

    • Yeah, no biggie. Can't say I won't use this when warranted.
      4
    • PTJ has it right. I have no need to throw good money after bad.
      18
    • Double Down? Shoot, I'm all for tripling, quadrupling, etc until I'm proved right.
      1
    • Money management...what's that?
      2


Recommended Posts

... taking it from the sublime to the ridiculous now...

The market can not tell you if you are a nobody or now.

Nobody is a nobody...

 

Thanks... I will leave the tweaking the the twitchers. ;-)

Share this post


Link to post
Share on other sites

Losers average losers....

 

To add to a losing position is illogical. The market has proven your analysis wrong in the first instance. The loss has shown irrefutable evidence that you are on the wrong side of the trend. The only thing to do is to cease being wrong by being right and reverse and go short without hesitation and NOW.

 

Elders techniques are future prediction tea leaf reading BS. All this mumbo jumbo about how you feel or your emotions, it is head shrinking rubbish. He does a forensic investigation into the squigglly lines of his indicators then shrinks his own head. In between this he writes books and newsletters to sell to traders in search of some can of surrogate Daddy figure.

 

Those who can't teach.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.