Bob Brinker: Market Savant & Radio Host Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: davidk555 who wrote (16349)	7/31/2002 10:49:14 PM
From: Tim Bagwell	of 42834

David, Thanks for the excellent review of the prior CTR calls. It helped to stimulate my recollection and I believe what you write is accurate. I would disagree on one point, however. I think you have to give Bob an "F" in providing an exit strategy. I'm hard pressed to think of a trade where he has offered an exit strategy that worked. I thought Bob was a student of risk analysis but I don't think he applies it to his trading. In every trade that I enter I try to do an honest account of what my worst case risk is, what my tolerance for loss is and how to exit the trade if I'm right as well as if I'm wrong. Based on his track record I must assume that Bob does none of this. As I stated earlier it's the most flagrant example of "wreckless abandon" that I've seen in a while. I'm reassessing my view on whether Bob's opinions have any place in my future short term trading. I think he has lost a good deal of credibility with the QQQ blunders. I'm not comfortable taking trading advice from someone who handles failures so badly.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next