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Bob Loukas 🗽
@BobLoukas
Position Trader, Entrepreneur, Family Man, Fullfilled. Omnia mea mecum porto.
参加 October 2009
436 フォロー中    394K ファン
Newbies and inexperienced traders/investors are so fixated on predictions that they have no idea what to do when the 50% of cases where they're wrong shows up. “But you said it was going to do #A# and it didn’t.” Well yeah. I also said it could do #B#, and sometimes #C#. Didn’t you plan or position for those outcomes too? Bitcoin recently is a good example. It didn’t follow through on my preferred path, which is just the one I thought was more likely. But so what? I still bought back a good amount at $64k after going 100% cash at $94k (avg), because guess what, option #B# possibility was gaining traction. That’s the point. It’s not about the prediction. Your social clout does not build your portfolio. Sadly, most inexperienced players can’t even make money when their prediction comes true because they’re so consumed with being right that they never properly think about positioning, risk, or what they’ll do next. “Oh, so you’re just covering every base. Could go up, could go down.” No shit. That’s exactly the point. I don’t want to be surprised. I want to be positioned to get the best possible outcome across all viable scenarios. Stop becoming so attached to one idea that you get trapped inside it. Think and trade in possibilities, be early enough and push harder when an outcome becomes clear. Yes, you’ll give up some upside to maintain that flexibility. That’s the cost. But you’ll still participate when you’re right and you’ll be protected when the market chooses one of the other paths. The goal isn’t to predict but be prepared to capture.
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