I think Desmond bought the Aussie company that provided the bookies on-track betting systems (hardware/sw). Something like that.
Trading What I see !?
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speedyhamster
- Posts: 119
- Joined: Fri Sep 22, 2017 9:58 am
Knew I should have stuck to my guns on not trading Saturdays, all losses so far...
Also, I'm seeing the trait I mentioned before whereby my trade goes into small profit then sits for ages...then swings to big loss. I'm sure if I get a position that doesn't move, I should trade out, as I'm sure the market is in the mode of collecting dumb traders (me!) before giving them all a big loss!!!
Also, I'm seeing the trait I mentioned before whereby my trade goes into small profit then sits for ages...then swings to big loss. I'm sure if I get a position that doesn't move, I should trade out, as I'm sure the market is in the mode of collecting dumb traders (me!) before giving them all a big loss!!!
That's not how sunk cost fallacy works
Not at all suggesting Goaty has reached that point, but many certainly do, it's very difficult to tell from the outside what's really going on so I like to give the benefit of the doubt instead.
Some may see the thread as just a normal process with an aspiring trader basically openly thinking out loud (that's how I see it), some may see a person completely wasting their time, while others may see it as a bit of inspiration or education, and I'm sure some may even suspect that it's someone just fishing for a working strategy through sympathy which does work sometime, be it on accident or on purpose.
A well thought response as usual Kai, thank you.Kai wrote: ↑Sat Oct 10, 2020 2:32 pmThat's not how sunk cost fallacy works
Not at all suggesting Goaty has reached that point, but many certainly do, it's very difficult to tell from the outside what's really going on so I like to give the benefit of the doubt instead.
Some may see the thread as just a normal process with an aspiring trader basically openly thinking out loud (that's how I see it), some may see a person completely wasting their time, while others may see it as a bit of inspiration or education, and I'm sure some may even suspect that it's someone just fishing for a working strategy through sympathy which does work sometime, be it on accident or on purpose.
And I'm definitely fishing
for ideas!!or little to no aptitude/abilityKai wrote: ↑Sat Oct 10, 2020 2:32 pmThat's not how sunk cost fallacy works
Not at all suggesting Goaty has reached that point, but many certainly do, it's very difficult to tell from the outside what's really going on so I like to give the benefit of the doubt instead.
Some may see the thread as just a normal process with an aspiring trader basically openly thinking out loud (that's how I see it), some may see a person completely wasting their time, while others may see it as a bit of inspiration or education, and I'm sure some may even suspect that it's someone just fishing for a working strategy through sympathy which does work sometime, be it on accident or on purpose.