Friday, April 22, 2016
What George Costanza Taught Me About Stop Management
George Costanza (Jason Alexander), the lovable loser from the sitcom Seinfeld, never seemed to be able to get ahead. That is, until one particular episode where George got fed up with his circumstances and decided to do everything opposite of what he normally did. The logic was that if the things he normally did got him to where he was now (loser) then doing the exact opposite should get him to where he wanted to be (winner). The outcome was that, by the end of the show, George was the new Manager of the New York Yankees, so his plan worked splendidly. I thought this was a fascinating concept and one that might have relevance in the trading world as well. Maybe we, as traders, need to be more like George Costanza and question what we’ve assumed to be right all these years. Maybe like George, we too will have the opposite result and turn our losing trades into winners! Traders tend to treat trading axioms as Gospel. If it sounds good, we believe it. We hear things like: the trend is
https://www.indicatorwarehouse.com/stop-mangement/
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