guns and trading the market

来源: noconfusion 2012-12-19 16:19:13 [] [博客] [旧帖] [给我悄悄话] 本文已被阅读: 次 (1287 bytes)

the gun-ban people would never make any money in the stock market... these people emotionally react to single data points, without looking at statistical facts on what is the bigger evil and what is the overall win for the society.... when I presented the statistical facts yesterday and today, there was ZERO response made from that crowd, because there is NOTHING they can go with.

no system is perfect. liberal gun policy brings lower crime rate... but there will be casualties.

arguing for a gun-ban, to the worst extreme, is like arguing against fighting Hitler, because it will certainly bring casualties, vs. simply surrender.

gun-control on the other hand, makes certain sense on paper.... but the jury is still out based on past data... it's up for debate.

Ironically, the same concept applies while trading the market... only a loser would expect zero casualty in trading (i.e. winning every trade).... therefore these people emotionally react to single data points (single trades), without looking at the long term picture of a statistical winning edge, or the lack of.

You can learn a lot from the past few days.... when emotion is high, human nature is shown... either on the gun issue, or on the tops/bottoms of a stock chart.

所有跟帖: 

Please cite a single example showing -SwiperTheFox- 给 SwiperTheFox 发送悄悄话 SwiperTheFox 的博客首页 (390 bytes) () 12/19/2012 postreply 16:27:40

you misread me -noconfusion- 给 noconfusion 发送悄悄话 noconfusion 的博客首页 (64 bytes) () 12/19/2012 postreply 16:31:53

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