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retaildaytrader

Registered: Aug 2009
Posts: 285

11-06-09 11:12 PM

The original poster is obviously not doing well in this market where as he did well in the past. His intention here is to get people to jump on board this thread to agree with him that others are not doing well in this market to create a "losers lounge" of sorts.

The truth is that there are many who are doing well everyday making money.

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magnet

Registered: Feb 2006
Posts: 8

11-06-09 11:53 PM

I totally agree with the original posting.
I am finding these markets to be incredibly challenging. And I dont mind admitting it. Most people I talk to are experiencing a lack of consistency. 1 step fwd 3 back etc.

I dont think by commenting on the difficulties one is having in the current dull trading environment makes us losers.

I also agree that now is definitely not the time for any newbies to start trading.

Its all about being defenesive at the moment. Once realism sets into the markets either in the stocks or commodities that the current relentless rally is unsustainable and built on government spending then volitilty should increase and us traders can go on the offense.

Until then stay safe.

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Dustin

Registered: May 1999
Posts: 1651

11-07-09 02:09 AM

Quote from retaildaytrader:

His intention here is to get people to jump on board this thread to agree with him

Not my intention at all. Over the years I've had countless PM's from new traders asking for direction. This blanket post is meant for them.

Anyways you can have your opinion and let's leave it at that.

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MohdSalleh

Registered: Nov 2008
Posts: 972

11-09-09 02:01 PM

Quote from retaildaytrader:

The original poster is obviously not doing well in this market where as he did well in the past. His intention here is to get people to jump on board this thread to agree with him that others are not doing well in this market to create a "losers lounge" of sorts.

The truth is that there are many who are doing well everyday making money.

You are now the butt of jokes at Assent trading desks nationwide, hotshot retaildaytrader*sniggers*

continue your paper trading delusion

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d08

Registered: Aug 2008
Posts: 206

11-18-09 01:45 AM

At every rally (I've only witnessed 2003 before this) these "retaildaytrader" types come out to teach others how it's done -- more often than not a year later they are very defensive and much more cautious regarding the statements they make. I doubt this time it's any different.

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