MURICO.com Forum

Re: I'm more than satisfied-----

with the Fishing Effect to my bank account. Sure beats the BOOM & BUST effect I lived with in the past. I always wonder(briefly) why I don't fill the boats when all of my indicators "lock on" and successfully complete the mission. I have enough confidence in my indicators getting the job done but the timing and market static can be a problem or create hallucinations. Good indicators still only have a 80/20 reliability factor so I automatically know that 20% of the time I will be on the DONATION LIST. Too many SUNKEN BOATS in the past has brought out the survival instincts in me, which led to the instillation of the Prime Directive to keep Greed locked in the basement.

I did a quick calculation last night of my fishing profits trading both sides of Oct since Aug 13th when I got my first buy signal @ 65.27 to start my bullish bias that Oct had everything in place to make the journey back to retest the 74.00 area it had back in May. Fishing has almost doubled my profits while climbing the wall of worry, compared to the outcome if I had stubbornly gotten long @ 65.27 and held on with my eyes closed. I have tried that but every time I do, I'm dealt a round of pain, that I'm not man enough to handle. The last month has sure been an enjoyable way to spend each day, regardless of which direction the market wanted to go. Thanks to all those hungry fish that nibbled at my lines, not knowing how much good they were doing for my bank account.

I will "KEEP ON FISHING" and tweaking that goes with an ever changing market environment.

Messages In This Thread

Oct hogs 74.50----Mission accomplished
Very nice call, ITZ, and I - - -
Re: I'm more than satisfied-----
Re: Oct hogs 74.50----Mission accomplished
Re: Plans don't always-----