25 August 2006 #21 A Ageo Joined 18 May 2006 Posts 1,315 Reactions 2 Realist said: Traders here are far to quick to jump in and out and cost themselves as much if not more money than they save themselves IMHO. Click to expand... May i ask how would you know Realist. You have never traded have you
Realist said: Traders here are far to quick to jump in and out and cost themselves as much if not more money than they save themselves IMHO. Click to expand... May i ask how would you know Realist. You have never traded have you
25 August 2006 #22 swingstar Joined 6 June 2006 Posts 409 Reactions 0 Realist said: Well his book is called that, but he is a trader, not a Buffet type investor that is for sure. Click to expand... http://www.farleigh.com/companies.html That's a lot of businesses to own and/or operate for a trader. It is a good book actually. Click to expand... I will add it to the list.
Realist said: Well his book is called that, but he is a trader, not a Buffet type investor that is for sure. Click to expand... http://www.farleigh.com/companies.html That's a lot of businesses to own and/or operate for a trader. It is a good book actually. Click to expand... I will add it to the list.
25 August 2006 #23 professor_frink Moderator Joined 16 February 2006 Posts 3,252 Reactions 5 Realist said: Well his book is called that, but he is a trader, not a Buffet type investor that is for sure. It is a good book actually. Alot of what he has to say makes sense. One of his comments was "I have never made much money out of a quick trade". Read the PDN thread again, it is funny watching people buy in, sell out, buy in again and sell again. Traders here are far to quick to jump in and out and cost themselves as much if not more money than they save themselves IMHO. Click to expand... I wouldn't call that guy a trader.
Realist said: Well his book is called that, but he is a trader, not a Buffet type investor that is for sure. It is a good book actually. Alot of what he has to say makes sense. One of his comments was "I have never made much money out of a quick trade". Read the PDN thread again, it is funny watching people buy in, sell out, buy in again and sell again. Traders here are far to quick to jump in and out and cost themselves as much if not more money than they save themselves IMHO. Click to expand... I wouldn't call that guy a trader.
25 August 2006 #24 I It's Snake Pliskin Joined 21 April 2005 Posts 3,922 Reactions 5 Realist said: It does matter Snake, ahh but it does. Purely for entertainment purposes of course. It's like a billionaire betting $10 on a horse, he still wants it to run well and win - the actual money he makes is not the point, he wants to watch the race. Click to expand... Since your strategy is to hold for 30 years and you want to use similies, then it is like to watching the start of the race only - remember 30 years!
Realist said: It does matter Snake, ahh but it does. Purely for entertainment purposes of course. It's like a billionaire betting $10 on a horse, he still wants it to run well and win - the actual money he makes is not the point, he wants to watch the race. Click to expand... Since your strategy is to hold for 30 years and you want to use similies, then it is like to watching the start of the race only - remember 30 years!