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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Wyätt Gwyön who wrote (83886)	5/1/2007 9:51:35 PM
From: Cogito Ergo Sum	Read Replies (2) of 206334

FA / TA... pick your poison.. heck mix them up.. It's the risk mitigation and consistency most folks don't have. Most never will. That is why I think those that do have these qualities make money. An interesting item in the Way of the Turtle book is the histogram of losing trades to winning trades. Far more losing trades.. Always. The amount lost per losing trade however was remarkably small comparatively speaking. That made the profits. Dabum's methods speak for themselves on his thread. Day in day out anyone reading his thread has to GET THE BIT.. risk mitigation... capital preservation.. Funny I got the exact same thing out of one of your posts about the crude oil futures trading and how taking large risks was often counterproductive whereas the payout from consistent smaller risks was better.. Sounds a lot like two sides of the same coin to me.. Anyway, good stuff guys. AL

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