Howgh!
Howgh!
“How in the hell could a man enjoy being awakened at 8:30 a.m. by an alarm clock, leap out of bed, dress, force-feed, shit, piss, brush teeth and hair, and fight traffic to get to a place where essentially you made lots of money for somebody else and were asked to be grateful for the opportunity to do so? ”
― Charles Bukowski
Zmieniony przez - leyus w dniu 2011-02-03 19:22:00
“How in the hell could a man enjoy being awakened at 8:30 a.m. by an alarm clock, leap out of bed, dress, force-feed, shit, piss, brush teeth and hair, and fight traffic to get to a place where essentially you made lots of money for somebody else and were asked to be grateful for the opportunity to do so? ”
― Charles Bukowski
“How in the hell could a man enjoy being awakened at 8:30 a.m. by an alarm clock, leap out of bed, dress, force-feed, shit, piss, brush teeth and hair, and fight traffic to get to a place where essentially you made lots of money for somebody else and were asked to be grateful for the opportunity to do so? ”
― Charles Bukowski
“How in the hell could a man enjoy being awakened at 8:30 a.m. by an alarm clock, leap out of bed, dress, force-feed, shit, piss, brush teeth and hair, and fight traffic to get to a place where essentially you made lots of money for somebody else and were asked to be grateful for the opportunity to do so? ”
― Charles Bukowski
What can I help you with, Sam?
Well, I just don’t think my trading results are on track?
What does “on track” mean?
I’m not happy with my results.
What are your goals for trading in the market this year?
Well, I really don’t have any goals.
What would you like to accomplish in the markets this
year?
(Affer LZ long pause) I’d like to buy my wife a car out of my
trading profits.
Okay. What kind of car are we talking about? A Rolls
Royce? A Mercedes? A Lexus? A pickup truck? What do
you want to buy her?
Oh, an American car-one that sells for about 515,000.
Great. When would you like to buy this car?
September. In about 3 months!
Fine. How much money do you have in your trading
account?
About 510,000.
So you want to make 150 percent in your account in about 3
months?
Yes, I guess that’s right.
Do you realize that 150 percent return in 3 months is
equivalent to an annual rate of return of almost 1,000
percent.
No, I didn’t.
How much are you willing to lose in your account in order
to make that much?
I don’t know? I really haven’t thought about it.
Are you willing to lose $5,000?
No, I couldn’t do anything like that. That’s way too much.
Are you willing to lose $2,500? That’s 25 percent.
No, that’s still too much. Maybe 10 percent.
So you want to make 150 percent in the market in 3 months
and you’re only willing to take a 10 percent risk in the
process.
Yes.
Do you know of any trading method that will consistently
give you a reward-to-risk ratio of 15 to l?
No.
I don’t know of any either. Three-to-one is usually a very
good reward-to-risk ratio
:D
No sry ale tak mi się przypadkiem skojarzyło :D
“How in the hell could a man enjoy being awakened at 8:30 a.m. by an alarm clock, leap out of bed, dress, force-feed, shit, piss, brush teeth and hair, and fight traffic to get to a place where essentially you made lots of money for somebody else and were asked to be grateful for the opportunity to do so? ”
― Charles Bukowski
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