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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call

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To: bbgold who wrote (11421)6/15/2003 2:16:23 PM
From: Sojourner Smith  Read Replies (1) of 11447
 
no, but I think a lot of people delude themselves
into believing they can picks stocks consistantly
using any method.

My point was that the only hope anyone has is position
sizing. Unfortunately, I am amazed that many people don't understand that concept, because most posts relate to guessing market direction or stock selection. Look what Jorge on Galopagos has done. He is very bright but was barely able to beat a coin toss at guessing market direction.

So I think many are high on self delusion.
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