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Politics : Ask Michael Burke

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To: Shane M who wrote (38855)12/9/1998 11:34:00 PM
From: Skeeter Bug  Read Replies (2) of 132070
 
shane, a put, in and of itself, is not less risky than shorting. the system is the key. mike's system is well thought out. it takes discipline, too.

on the amat thread, mike's results were posted. a response said that with results like that he'd spec with 20% and not 10%. greed. greed. greed.

mike's system makes capital preservation the #1 key and that has to eliminate the greed factor. if you let greed rule you then you will lose. eventually.
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