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We will start with two cliches:
• 'knowledge is power',
• 'time is money'.
and one concept that all bosses can relate to:
• service provided is a measure of work done.
In mathematical terms this can be viewed as:
• knowledge = power,
• time = money,
• service provided = work done.
And the equation for power in physics is:
• power = work / time.
Substituting, we get:
• knowledge = service provided / money.
Rearranging we get:
• money = service provided / knowledge.
So for traders this is:
• trading profits = service provided / knowledge.
As service demanded is the negative of service provided, this gives us:
• trading profits = - service demanded / knowledge,
and finally multiplying both sides by -1 we get:
• trading losses = service demanded / knowledge.
So for us traders wanting to maximise our losses (!) all we have to do is one or both of:
• maximise our service demanded,
• minimise our knowledge.
It is so easy to get as big a trading loss as we want!
Just maximise our urgency for service.
Or avoid sharing any real knowledge by sharing as many tips and whims as possible (by sharing individual trades actual or planned entries and exits).
If we can do both simultaneously how much faster we can exhaust our accounts!
Let's go for it, the one with the biggest trading loss gets the most crowd support.
Unfortunately some take this joke all to seriously.
I want to share a good fun item for traders :
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