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Old Aug 10th, 2006, 03:29 PM   #13
Tums
 
 
Join Date: May 2006
Posts: 4,036
Quote:
Quote from HappyGoLucky:

Here’s my (sob) story. I’ll try to keep it short (but not so sweet). Where do I begin?

Many years ago...
Your story reads like my biography.

Have you read Van Tharp?
    Quote
Old Aug 10th, 2006, 03:31 PM   #14
OddTrader
 
 
Join Date: Mar 2003
Posts: 5,427
Quote:
Quote from Cheese:

This is sad.

An unrealizable fantasy for most but clearly it becomes an illness or sick obsession for some where successful trading is utterly and completely beyond the capabilities of such losers.

Cheese, you really don't have to say this belittling part in the whole post, do you?
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Old Aug 10th, 2006, 03:32 PM   #15
Ripley
 
 
Join Date: Aug 2004
Location: New York
Posts: 2,075
Quote:
Quote from Tums:

Have you read Van Tharp?
Such a great Story Teller. I doubt if he can trade though.

Oh yeah.. he is such a Great Trader. Trading Books, CDs, Cassets, DVDs, Programs, Seminars etc at overinflated prices to the losers.
    Quote
Old Aug 10th, 2006, 03:36 PM   #16
HappyGoLucky
 
 
Join Date: Aug 2006
Posts: 31
Point taken. Strangely, I don't think I would have traded differently if I had $$$ stashed away. I know many people speak about the inability to make rational decisions with the pressure of supporting a family, etc. For me, it was not a factor. My weakness, as I see it, was lack of a quantifiable edge, and the resultant lack of confidence in my trading. I.e., I have (at this point) no confidence for a good reason.

Were I to have a well-defined and quantifiable edge, I believe I could make it work.

Thank you for your reply.

Quote:
Quote from segv:

You have little chance of succeeding at this venture, so why even try when you are under pressure to make a living? Why not start a small business in your profession with your trading capital? Invest in something that you already make money doing, something that has a reasonable chance to make you a living wage. Come back to the markets later when you have risk capital and can afford to take risks. In the meantime, pick up some new skills in mathematics, computer science, or psychology that could help you if and when you decide to approach the markets again.

-segv
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Old Aug 10th, 2006, 03:39 PM   #17
HappyGoLucky
 
 
Join Date: Aug 2006
Posts: 31
I will give you the benefit of the doubt, and assume your otherwise vindictive and mean-spirited post was meant tongue-in-cheek.

Unlike others, I see nothing wrong nor un-romantic about earning a living through a 'mundane' job. I don't want to get too specific about the details of my private life, but I'm not being overly pessimistic when I say that based on my current situation, that's going to be very difficult for me to do.

Quote:
Quote from Cheese:

This is sad.

An unrealizable fantasy for most but clearly it becomes an illness or sick obsession for some where successful trading is utterly and completely beyond the capabilities of such losers.

Just drop it and get a life through a mundane job.
    Quote
Old Aug 10th, 2006, 03:41 PM   #18
HappyGoLucky
 
 
Join Date: Aug 2006
Posts: 31
I will admit that I never was able to get beyond his verbosity. All I ever really understood from his 'perfection' was something akin to a 1-2-3 pattern that signals a change in trend. I would not call myself a victim, though. It cost me a paltry $300, and for that he was even willing to tutor me privately. He definitely got me thinking about trend differently than I had until then, even if I could never discover the perfection of his methods.

Quote:
Quote from vhehn:

"Bill Schamp who does the trend-is-your-friend HH’s and LL’s of Logic trading."

another victim of the good professors gibberish.
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