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View Poll Results: Doubling Down With A Loser?
Yeah, no biggie. Can't say I won't use this when warranted. 4 16.00%
PTJ has it right. I have no need to throw good money after bad. 18 72.00%
Double Down? Shoot, I'm all for tripling, quadrupling, etc until I'm proved right. 1 4.00%
Money management...what's that? 2 8.00%
Voters: 25. This poll is closed

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Old 07-22-2011, 10:38 AM   #49

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Re: Paul Tudor Jones V. Dr. Alexander Elder

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Originally Posted by zdo »
That was a great post! ...right up to the part about "really a nobody." Tams, None of us are nobody's . Not a single one of us.
...
Thanks

the nobody part was said tongue-in-cheek.

Honestly, only the market can tell you if you are a nobody or not.
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Old 07-22-2011, 02:04 PM   #50
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Re: Paul Tudor Jones V. Dr. Alexander Elder

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only the market can tell you if you are a nobody or not.
... taking it from the sublime to the ridiculous now...
The market can not tell you if you are a nobody or now.
Nobody is a nobody...
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Old 07-22-2011, 02:11 PM   #51

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Re: Paul Tudor Jones V. Dr. Alexander Elder

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Originally Posted by zdo »
... taking it from the sublime to the ridiculous now...
The market can not tell you if you are a nobody or now.
Nobody is a nobody...
Thanks... I will leave the tweaking the the twitchers. ;-)
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Old 07-30-2011, 04:06 PM   #52

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Re: Paul Tudor Jones V. Dr. Alexander Elder

Losers average losers....

To add to a losing position is illogical. The market has proven your analysis wrong in the first instance. The loss has shown irrefutable evidence that you are on the wrong side of the trend. The only thing to do is to cease being wrong by being right and reverse and go short without hesitation and NOW.

Elders techniques are future prediction tea leaf reading BS. All this mumbo jumbo about how you feel or your emotions, it is head shrinking rubbish. He does a forensic investigation into the squigglly lines of his indicators then shrinks his own head. In between this he writes books and newsletters to sell to traders in search of some can of surrogate Daddy figure.

Those who can't teach.
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