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Lornz

Registered: Jan 2008
Posts: 918

04-26-12 11:20 AM

There once was a trader on ET
Who thought of himself as a deity
But, without a solid plan,
The shit had to hit the fan
And now he's back to peddling realty.

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taoistmon

Registered: May 2010
Posts: 23

04-26-12 02:50 PM

exactly.. reality is where we live.
just take a look at cvx yesterday.. if your simple mind wishes to get details and proof

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emg

Registered: Feb 2010
Posts: 5423

04-26-12 04:43 PM

Small Traders are:

prodigal
privation
pauperism
psychasthenia
prostration
pratfall
panic
paralysis
pennilessness
poverty

More than 90% of small traders lose! They just lose!!

http://www.sec.gov/investor/pubs/daytips.htm

Be prepared to suffer severe financial losses

Day traders typically suffer severe financial losses in their first months of trading, and many never graduate to profit-making status.

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PARACLESE

Registered: Dec 2006
Posts: 428

04-26-12 05:34 PM

Quote from OddTrader:

My trading secret is all about how many Ps that I am able to manage well.

I think there are at least 10 (should be more) Ps for consideration.

Price
Position
Plan
Psychology
Probability
Prediction
Protection
Profit
Premium
Patience

How about yours?

you forgot one P that makes all the difference in the world.

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OddTrader

Registered: Mar 2003
Posts: 5283

04-26-12 06:00 PM

Quote from PARACLESE:

you forgot one P that makes all the difference in the world.

Please?

or

Paraclese?

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Lornz

Registered: Jan 2008
Posts: 918

04-26-12 06:15 PM

Quote from Lornz:

There once was a trader on ET
Who thought of himself as a deity
But, without a solid plan,
The shit had to hit the fan
And now he's back to peddling realty.

Excellent limerick, Lornz!

Quote from Lornz:

Excellent limerick, Lornz!

Thanks a lot! It means a lot to me to know that my hard work is appreciated!

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