Space X

[Trboatworks]

Hello Truturning,
My intension was never to give advise, I only do so if I'm paid for it. My point that TR does not grasp is "in and out trading". He thinks that he can forecast the future. The problem is, no one can with any level of precision.

Usually one should make such statements about those things which are outside of ones capacity with the first person.

So you would say- "I can't trade with any level of precision."

I believe you have demonstrated that fairly clearly- you hold through every selloff.
There is nothing wrong with your approach.
Be aware there are many means to participate in the markets and one is well advised to keep with that which works for you.
Taking your limits and experience and applying those broadly to all market participants is an error.

There is no reason for it outside of hubris or perhaps a lack of that very experience you claim to have.


I enjoy talking about market participation which is the only reason I am indulging in a conversation on these points with you again.

"Telling the future" is a fundamental mischaracterization of what investment entails.

By "holding bluechips forever" in fact you are far closer to trading on fortune telling than I am.
In so doing you state and predict that the future performance will be for those equities you hold.

Think about it a bit- stop tossing out silly labels for those things which you do not understand while you practice those errors you cite others as possessing.


Think about short term strategies for animals.
I describe the single most important characteristic of living beings as being discernment.
That is we can observe and judge outcomes in our environment and alter our behavior to increase our chances of experiencing a favorable outcome.
This is no nuanced thing to start- we shelter during inclement weather and learn to place stores against changes in seasons.
We watch other animals and the wealth of the land vary and alter our movements to take advantage.

We are 'adaptive'.
All animals are- it is as I state our strongest suit.
It is required to survive and we are skilled practitioners.

I always marvel at a particular class of the phylum Mollusca the Brachipoda.
They were the dominant clam if you will for hundreds of millions of years and king of the benthos.
It was a fair bet they would rule forever.

Well they didn't.
You see marina burrowing worms came along and through their activities buried the brachiopods and they were essentially eliminated as 'bivalves' displaced them for containing a more adaptive strategy in the changing marine environment.

Don't be an investor who is static and cannot notice or if you will predict change.
Embrace change and variation by using those skills we all are abundantly in possession of to participate and benefit in it.
Use your skills of discernment.
It is your strongest asset.

 

[Trueturning]

Usually one should make such statements about those things which are outside of ones capacity with the first person.

So you would say- "I can't trade with any level of precision."

I believe you have demonstrated that fairly clearly- you hold through every selloff.
There is nothing wrong with your approach.
Be aware there are many means to participate in the markets and one is well advised to keep with that which works for you.
Taking your limits and experience and applying those broadly to all market participants is an error.

There is no reason for it outside of hubris or perhaps a lack of that very experience you claim to have.


I enjoy talking about market participation which is the only reason I am indulging in a conversation on these points with you again.

"Telling the future" is a fundamental mischaracterization of what investment entails.

By "holding bluechips forever" in fact you are far closer to trading on fortune telling than I am.
In so doing you state and predict that the future performance will be for those equities you hold.

Think about it a bit- stop tossing out silly labels for those things which you do not understand while you practice those errors you cite others as possessing.


Think about short term strategies for animals.
I describe the single most important characteristic of living beings as being discernment.
That is we can observe and judge outcomes in our environment and alter our behavior to increase our chances of experiencing a favorable outcome.
This is no nuanced thing to start- we shelter during inclement weather and learn to place stores against changes in seasons.
We watch other animals and the wealth of the land vary and alter our movements to take advantage.

We are 'adaptive'.
All animals are- it is as I state our strongest suit.
It is required to survive and we are skilled practitioners.

I always marvel at a particular class of the phylum Mollusca the Brachipoda.
They were the dominant clam if you will for hundreds of millions of years and king of the benthos.
It was a fair bet they would rule forever.

Well they didn't.
You see marina burrowing worms came along and through their activities buried the brachiopods and they were essentially eliminated as 'bivalves' displaced them for containing a more adaptive strategy in the changing marine environment.

Don't be an investor who is static and cannot notice or if you will predict change.
Embrace change and variation by using those skills we all are abundantly in possession of to participate and benefit in it.
Use your skills of discernment.
It is your strongest asset.

Damn TR. That is one of the best breakdowns I have read in a while. The big guys always buy and sell. They take the risk too. It is like life when say a person has a knack for getting away from failing. Everybody knows people like this and they are not really evil people at all they are the man who will walk out of a burning building without a smudge.

I think such people are a statistical balance as some have much more suffering and disasters than they warranted or deserved. Those often receive our heartfelt concern and at times charity and care. That can be a kind of test of our character given circumstances.

It helps me stay grounded and grateful. A beautiful day on blue water white clouds and blue skies.

 

[otrlt]

Usually one should make such statements about those things which are outside of ones capacity with the first person.

So you would say- "I can't trade with any level of precision."

I believe you have demonstrated that fairly clearly- you hold through every selloff.
There is nothing wrong with your approach.
Be aware there are many means to participate in the markets and one is well advised to keep with that which works for you.
Taking your limits and experience and applying those broadly to all market participants is an error.

There is no reason for it outside of hubris or perhaps a lack of that very experience you claim to have.


I enjoy talking about market participation which is the only reason I am indulging in a conversation on these points with you again.

"Telling the future" is a fundamental mischaracterization of what investment entails.

By "holding bluechips forever" in fact you are far closer to trading on fortune telling than I am.
In so doing you state and predict that the future performance will be for those equities you hold.

Think about it a bit- stop tossing out silly labels for those things which you do not understand while you practice those errors you cite others as possessing.


Think about short term strategies for animals.
I describe the single most important characteristic of living beings as being discernment.
That is we can observe and judge outcomes in our environment and alter our behavior to increase our chances of experiencing a favorable outcome.
This is no nuanced thing to start- we shelter during inclement weather and learn to place stores against changes in seasons.
We watch other animals and the wealth of the land vary and alter our movements to take advantage.

We are 'adaptive'.
All animals are- it is as I state our strongest suit.
It is required to survive and we are skilled practitioners.

I always marvel at a particular class of the phylum Mollusca the Brachipoda.
They were the dominant clam if you will for hundreds of millions of years and king of the benthos.
It was a fair bet they would rule forever.

Well they didn't.
You see marina burrowing worms came along and through their activities buried the brachiopods and they were essentially eliminated as 'bivalves' displaced them for containing a more adaptive strategy in the changing marine environment.

Don't be an investor who is static and cannot notice or if you will predict change.
Embrace change and variation by using those skills we all are abundantly in possession of to participate and benefit in it.
Use your skills of discernment.
It is your strongest asset.

Hello Triboat,
After reading your recent statement I am reminded of what the stock market is. Overwhelmingly, most market participants are traders, but the most successful are investors. Investors don't try to move in and out of a position, they "buy companies". They don't really care if they buy these shares at the wrong time, they just know that they have to own a piece of said company.

Now, you may ask, do they ever sell? Selling a BlueChip rarely happens with investors. Last years debacle is clear evidence of who really makes money in the market.

 

[otrlt]

SpaceX,

ElSegundo Blvd,

Great job to all of SpaceX employees!!!!

 

[SeymourDumore]

Soon-to-be:

Tesla Blvd, Bumfuck TX 79924

Great Job Kalifornia!

 

[otrlt]

Excellent execution SpaceX.

Congratulations, Mission Control Hawthorne