Traders Laboratory - View Single Post - My reaction to new knowledge
View Single Post
  #9 (permalink)  
Old 06-13-2007, 06:24 AM
Jakew Jakew is offline
Jakew has no status.

 
Join Date: Nov 2006
Posts: 56
Thanks: 2
Thanked 3 Times in 2 Posts
Re: My reaction to new knowledge

Excellent quatation from Linda Raschke experience, Dogpile. It dwarfs the classic saying about not repeating the same mistake twice. Certainly there are areas in life when one mistake teaches the whole lesson, but trading is not one of them. If only, because this is a probabilistic field where nothing works all the time, and therefore ... nothing fails all the time either. One needs a decent sample of his - suspected - mistakes to draw a conculsion

Reply With Quote