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In a message dated 97-10-03 22:59:33 EDT, TRaffertu@xxxxxxx writes:
<<
As one can see from the previous it is quite simple to quantify the
"luck" factor in trading and make adjustments in our trading accordingly.
Something many of us do instinctively. Therefore I will continue to sign
my
posts
>>
Of course if you can "Quantify" LUCK it is not LUCK at all, but
"PROBABLITY" that you are talling about. As mentioned here
a while back, a fellow who makes 9 out of 10 loosing trades in
a row is really not un-lucky. He merely has to reverse his bets..
and he is a winner 9 out of 10.....Simple?
It is a separate subject...but for cogitation in a quiet moment....consider
the LUCK is a "belief system." If YOU believe in it, then IT is real for
you. (which doesn't mean it is real in the world, just your world as you
see it). LUCK in a way is a neccessry EVIL, in that it gives me
somebody, or something to blame for MY losses. It allows me to
contiude to avoid, (suppress and deny) responsibiltiy for MY losses.
LUCK like a devil are useful "fictions" at times....and at other times
they can be very costly...in that they keep me from seeing that I AM
SOUCE OF THAT WHICH i am designating "LUCK" of which I am
a poor and defensless victim...poor me...won't someone feel sorry
for me the way I feel sorry for me. Don't blame me....THE DUCK
made me do it!.........really?
People who feel this way might substitute the Letter "D" for the letter
"L" in the word Luck...make it DUCK.
Then when you speak of having "BAD DUCK"....you can blame
Walter.....and still not have to take responsibility for the fact that
your actions.
presented, without apololgy,
(just plain out of (d)uck)
GerryB/jer33:3
learner/teacher
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