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Hi Nate
Murphy's Laws For Commodity Traders
1. It is morally wrong to allow a sucker to keep their money
2. Everybody has a trading strategy that won't work.
3. For every expert who says the market is going up there is one who
says it's going down.
4. If you can drink it , don't trade it.
5. The only bellies you want to play with is your wife's.
6. The successful speculator is one who dies before their time comes.
7. If you drop a dead cat far enough, it will bounce.
8. The market goes your way the day after your stop was hit.
9. The big move begins the day after your option expires.
10.He who sells uncovered options goes broke.
11.If you feel lie doubling up a profitable position, slam your
dialing finger in a drawer until the feeling goes away.
12.The strategy works every time until you start using it.
13.If your strategy seems to be working well, you haven't been using
it long enough.
14.The guy who owns the horse when it dies is the loser.
15.When it comes to luck or skill, you can't beat luck.
16.Pigs won't eat $4.00 corn or $400.00 meal.
17.When the plate of cookies goes around, don't forget to take some.
18.When the market is wrong it doesn't pay to be right.
19.He who sells what isn't his, pays the price or goes to jail.
20.Be right sit tight.
21.The best way to make a small fortune is to start with a large one.
22.He who knows doesn't tell, he who tells doesn't know.
23.When your hot your hot when your not take a vacation.
24.The market knows more than the sum total of everyone trading it.
25.What everyone knows isn't worth knowing.
26.The market will do whatever it has to to fool the majority.
27.Fundamentals are seldom what they appear to be.
28.If you always do what you've done, you'll always get what you've
always got.
29.The first five letters of broker spell _ _ _ _ _ .
30.THE MARKET PUNISHES THOSE WHO MAKE MISTAKES.
Don
--- In amibroker@xxxx, "Dr. S. Nathan Berger" <snberger@xxxx> wrote:
> Hi, all
>
> Got this in my mailbox from Al Thomas (If It Doesn't Go Up, Don't
Buy It),
> and know he would not mind if I pass it along to the Group:
>
> Clarification of Terms
> BULL MARKET -- A random market movement causing an investor to
mistake
> himself for a financial genius.
>
> BEAR MARKET -- A 6 to 18-month period when the kids get no
allowance, the
> wife gets no jewelry, and the husband gets no sex.
>
> MOMENTUM INVESTING -- The fine art of buying high and selling low.
>
> VALUE INVESTING -- The art of buying low and selling lower.
>
> P/E RATIO -- The percentage of investors wetting their pants as the
market
> keeps crashing.
>
> BROKER -- What my broker has made me.
>
> "BUY, BUY" -- A flight attendant making market recommendations as
you step
> off the plane.
>
> STANDARD & POOR -- Your life in a nutshell.
>
> STOCK ANALYST -- Idiot who just downgraded your stock. Pronounced
with a
> broad 'A'.
>
> STOCK SPLIT -- When your ex-wife and her lawyer split your assets
equally
> between themselves.
>
> FINANCIAL PLANNER -- A guy who actually remembers his wallet when
he runs to
> the 7-11 for toilet paper and cigarettes.
>
> MARKET CORRECTION -- The day after you buy stocks.
>
> CASH FLOW -- The movement your money makes as it disappears down
the toilet.
>
> YAHOO -- What you yell after selling it to some poor sucker for
$240 per
> share.
>
> WINDOWS 2000 -- What you jump out of when you're the sucker that
bought
> Yahoo
> @ $240 per share.
>
> INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in
a
> nuthouse.
>
> PROFIT -- Religious guy who talks to God
>
> Hope you can still laugh at such as this!
>
> Nate
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