Thursday, March 22, 2007

Imperfect Profits

No Matter What You Do, You're Wrong

If:

You buy on the way down, and it keeps going down (should have waited), or

You sell on the way up and it keeps going up (should have waited), or

You buy on the way up and it keeps going up (you should have bought earlier), or

You sell on the way down to stop losses and it turns around, or

You don't buy at all (opportunity loss), or

You don't sell at all and hold those losses, or...

You can always view whatever action you take (profitable or not) as poor. The perfect is the enemy of the good. Remember that one must somehow escape any inherent negativity as one can't optimize perfectly. Go for profits without perfection.

1 Comments:

Blogger LunaDancer said...

You said it.

8:21 PM  

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