The average entrepreneur faces mild shame and maybe bankruptcy proceedings if their venture doesn’t work out, but even then they tend to maintain strong networks, saved money and cultural clout.
the greatest risk-takers in our society aren’t the tech bros on the cover of Wired Magazine, or the person with a Forbes profile.
A person who takes really hardcore risk might face starvation, destitution or deportation if their gamble doesn’t work.
[The Japanese may often speak vaguely because of historical norms where people were beheaded when not replying as expected.]
[There's often much activity in the final minutes of a trading session as computerized signals activate based on closing prices.]
[The open is a rudder for the day and provides a first clue about direction.]
[The more anxious, the earlier they want to trade.]
[Large orders at the open or close with the intention of affecting prices are called "morning attacks" and "night attacks"]
A trend reversal signal implies that the prior trend is likely to change, but not necessarily reversing. [A car's brake lights indicate an incoming slow or stop, but not whether it will continue or reverse afterwards.]
['hammer' in Japanese is takuri, which means "gauging water's depth by feeling for the bottom"]
[harami is an old Japanese word for pregnant and used to indicate a market 'losing breath'.]
['Belt-hold' comes from sumo wrestlings yorikiri, meaning 'to push the opponent out of the ring while holding onto their belt.']
Tagged: trading.
