Master Don Juan
- Sep 8, 2016
- Reaction score
This is very basic stuff.You sound like the brokers I used to work with who would try to justify throwing someone’s nest egg down the toilet. Of course there’s no certainty. There’s no certainty that my train will arrive on time tomorrow, however through experience I’ve learnt that it is on time most of the time and therefore a good investment in buying a ticket.
A good investor makes ‘calculated’ risks. What’s your risk? Do you or any of your subscribers know what your expected outcome is over n trades/positions? Do they or you know that overtime they are likely going to make more money than they lose?
It should be common knowledge that because there is no certainty you hedge. That is what investors do, they take a calculated risk on a position while hedging themselves. In other words, not betting the farm.
Of course, the investor first of all needs to understand the macro.... because without it he'll be a slave to 'money illusion', where all he sees is the linear numbers/ prices. He''l be up a creek without a paddle in this situation -
Looking for appreciation and return, the investor naturally gravitates to the long term chart on the logarithmic scale... unless of course he prefers to buy on fundamentals.
See how much more comparative data you have, showing the phases of exponential appreciations with their corrections.... not to mention the long term trend.
Is it my job to educate you?