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Paul Tudor Jones V. Dr. Alexander Elder

Doubling Down With A Loser?  

25 members have voted

  1. 1. Doubling Down With A Loser?

    • Yeah, no biggie. Can't say I won't use this when warranted.
    • PTJ has it right. I have no need to throw good money after bad.
    • Double Down? Shoot, I'm all for tripling, quadrupling, etc until I'm proved right.
    • Money management...what's that?

Recommended Posts

... 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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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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