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jxyzobrien

04/27/19 8:32 AM

#281039 RE: AllTheHype #280967

thinking in bets
when everyone is thinking the same thing its probably wrong

first idea is usually weak. throw out an idea or 2 spend some time
then the answer will appear. the most successful people have fun at it.
they are not the smartest they work to become good.

what are the high percentage trades-
long pre market close to pre lows. holding value area low pullback overnight

market going to pre hi or low. defending the open

what are the worst trades- quickly shorting gap. going long in the hole
or short in the hole. fading gap unless its the 3rd gap

what are the right questions-
balancing - mostly of the time
excess break out should be above value
bear market odds over 1000-1 against it starting
what are the vix and put call ratio and internals saying

think small and don't fear the obvious. being wrong is often
correctly throwing out a bad idea. think out loud and write ideas
as they appear

the brain wants to use fast thinking on complex ideas. the same
thinking that says green light go. Think slow- throw out quick thinking
till the answer then flows into your trade and brain