tag:blogger.com,1999:blog-30128229.post5378539947049564784..comments2023-09-30T07:11:55.493-06:00Comments on MarketFN.com: ParalysisInvestment Househttp://www.blogger.com/profile/14771320644915759241noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-30128229.post-31737821732250325592010-07-11T11:48:18.464-06:002010-07-11T11:48:18.464-06:00Thanks for a great and insightful comment, Ned.Thanks for a great and insightful comment, Ned.Bill Kraft, MarketFN.comhttps://www.blogger.com/profile/08274803638438137352noreply@blogger.comtag:blogger.com,1999:blog-30128229.post-76849231228460618932010-07-10T08:22:17.905-06:002010-07-10T08:22:17.905-06:00Hi Mr. Kraft,
"Paralysis of Analysis".....Hi Mr. Kraft,<br /><br />"Paralysis of Analysis"... Wow! That is an immensely powerful statement, and your article was exceptional. You really hit the hammer right on the nail. In fact, I happen to be an engineer and could not agree any better on the way you described trading from an engineer's perspective. I always had to research every bit of information, leaving no stone unturned, only to find myself entangled into a situation where I wanted all the stars to be aligned before I make my move. Perfection had to be the name of the game, and long hesitations before buying and selling became the rule rather than the exception. Chasing the stock became like a missed opportunity of love at first sight, and the excitement dwindled because the fear of losses became so great that it overshadowed the anticipation of profits. Although an exit strategy is not the light at the end of the tunnel, but at least it is a tunnel to the way out before total collapse. <br /> <br />Nadim R Kawar (Ned)<br />nrk0717@aol.comAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-30128229.post-41015140591989776312010-07-04T09:18:46.961-06:002010-07-04T09:18:46.961-06:00Thanks for writing, Morris. Your observations are ...Thanks for writing, Morris. Your observations are very insightful and your experience valuable. Indeed, as you indicate, a trader using appropriate reward to risk, loss cuts, and money management can certainly make money even when only 35 % of trades are winners. It isn't unusual to do better paper trading since one often changes what they are doing when going from paper trading to real money. As you have seen, waiting for confirmation often results in an exit that is farther away and a trade that may very well miss the initial jump in profit. Of course, there is always a trade-off. More confirmation may yield a greater likelihood of success with less profit while an earlier unconfirmed entry may yield a lesser likelihood of success with a greater profit. In my estimation, the key lies more with exit strategy than with confirmation. I hope you have a great 4th of July.<br />BillBill Kraft, MarketFN.comhttps://www.blogger.com/profile/08274803638438137352noreply@blogger.comtag:blogger.com,1999:blog-30128229.post-28676162275840767642010-07-03T16:21:07.893-06:002010-07-03T16:21:07.893-06:00HI Bill thanks for your weekly comments I really l...HI Bill thanks for your weekly comments I really look forward to them.<br /> In the last 18 months I have only made 14 trades 9 losers and 5 winners I realize, even at this ratio I can make money with proper management.Part of the low trading is due to other commitments,but alot is due to the fact that I more than not lose on a trade.Interesting is the fact that my paper trades this year to date are 4 to 1 with a nice paper profit. On my paper trades I move much earlier for the fact that there is no real money at stake . In real money I wait for more confirmations which, I guess is more risky. Sometimes I look at a stock and see a trade staight away but feel this was to simple , so I search for more indicators and miss the move.I have done this many times but find it a hard habit to break.<br /><br />MorrisAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-30128229.post-78952832259842005662010-07-03T15:14:49.187-06:002010-07-03T15:14:49.187-06:00Ron, I did not intend for my article to be politic...Ron, I did not intend for my article to be political and this really isn't the forum for political commentary.<br />Bill KraftBill Kraft, MarketFN.comhttps://www.blogger.com/profile/08274803638438137352noreply@blogger.comtag:blogger.com,1999:blog-30128229.post-75079121802160248872010-07-03T10:13:32.548-06:002010-07-03T10:13:32.548-06:00Hey Bill,
How about the paralysis of a nation take...Hey Bill,<br />How about the paralysis of a nation taken over by an unqualified, childish, business-hating communist inflicting catastrophic damage in every sector that he focuses his "laser-like" concentration upon. There is nothing more paralyzing to business than having no clue what will be attacked by our own gov't in the near future or what kind of overbearing burdens will be placed upon it. Everyone I know is simply trying to survive this tyrannical administration and has done nothing but batten down the hatches.<br />Ron Yacopetti <br />Lodi, CARon Yacopettihttp://yacopetticonstruction@comcast.netnoreply@blogger.com