Markets having a game theoretical component,
combined with the societally accepted metric that 90%-99% of traders loose money,
combined with markets being "zero-sum".
Results in the logical conclusion that "CT" cannot be on average a source of valuable investment advice.
@0xprerich Yeah, the attachment of one’s self worth to achievement, material wealth or acceptance of others.
Is one of the deepest traumas of the all people and is toxic and limiting.
They will thank you for it when they understand :)
Manage your risk
How likely am I to die in this battle?
Will I loose some soldiers or my entire kingdom?
What is my max $ at risk + how do I plan to protect it?
Something that trading has in common with human activities that we´ve been doing for many hundreds of years.
can be boiled down to three things:
Identify the context of war
Identify and design advantages depending on context
Manage your risk
Identify and Design advantages depending on context
You want light armor in mud, if you fall in heavy armor you can´t get back up, you die.
In mountains you want to aim to fight downward
Mean reverting and trend following market require different systems
The result of this, is that the human begins to believe.
That he is indeed, a thing that is incorrect, unwise and not "enough" naturally.
and it is this belief, that ultimately destroys all of his potential and life.
As a Human, we are born and then approached predominantly with the attitude that we must be corrected.
That we are unknowledgeable and that in order to correct this mistake. We must be filled with knowledge.
Knowledge of how things are.
Results come from certain causes.
certain causes, produce certain results.
You did not get unsatisfactory results because you are not enough.
You got unsatisfactory results because you were not invested with the necessary truth,
that can bring about the cause and effect sequence you desire.
You believe your results come from who you are.
Since most of them are not to your satisfaction,
You believe yourself to be someone who is just not "it".
Therefore you don´t believe a certain life is possible for you.
This is a misunderstanding....