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snip snip
And I will assume my biggest loss is ahead of me. Ralph Vince seems to
construct his theory based on the biggest loss being already known or at
least quantifiable. It's not quantifiable...I can foul up anything beyond
belief.
John
> I haven't read any of Ralph Vince's books - but I wonder if he addresses
> these issues like opening gaps, limit moves against the position etc. No
> amount of quantification does away with the psychological damage they
> inflict.
>
> Above, of course, assumes you take positions home overnight.
>
> Gitanshu
>
>
>
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