I read some stats somewhere a while ago that the average for daytraders was mid 40's. Made of people who wanted to change careers.
Dark, I disagree with some of what you've said. The main thrust of it, for me anyway, is that in the aggregate trading is not a zero sum game....
also, I find that it oftens signals a change in trend when a good run starts to fade out.
Seanote, I noticed that your trades were starting to get a little looser than usual. Stopping trading is the right thing. Disclaimer, I find it...
A fine objective...me too. So I wonder why you don't feel that you can learn from Lundy? Of course we can all plainly see what he is doing...
.......and yet my impression of you is opposite to this. You are outspoken, quick to respond, willing to display your obvious intellect, deep and...
Yes I think you are right about futures. Over the life span of a contract (3 mths) I guess it is 0 sum. Say I buy 1000 QQQ's today and 1 min...
I was confused by this.....not entirely......just in parts......but understood it nonetheless. You have plenty of time to spare to keep ripping...
Yep same handle. Good to run into you again. Jeff is still around. http://www.coopercartography.com/ Good trading 2 U 2. Cheers
Personally I don't subscribe to zero sum. Maybe in a suspended instant of time it is, but overall, it cannot be. Stocks and their derivatives are...
Maybe. The only other place I posted at was the Trading Markets site in the days when Goran reined supreme (wonder what ever happened to him). If...
That's the bit I'm not sure about, but, I think it's fair to say that if you use your own name then you must feel somewhat accountable for what...
Anyone else noticed the different styles and content of the posts between those whose handles are clearly a variation of the persons name and...
True. and also, if I may add, Develop the enjoyement to excel at your chosen occupation. Succes comes from a desire to do something well.
I think you are right on with what you say except for the above. I don't know if you have ever been a CEO, but pls be assured it is very very...
ROFL. "I resign. I don't want to belong to a club that would have me as a member". Groucho Marx. Nice observation posted in the third...
Wow. Private investors are dumb investors??? Maybe some are but don't blindly accept the mantra that is pumped out amongst traders and the huge...
I wonder if the Fed will cut rates today? I bet they shave a temporary .25% off the rate just for the fun of it. This would scare the market...
The major issue with this farce is that so many foreign investors will pull out of the US. A number (in the UK where I am) have called me this...
Haven't got a stiff neck but have got a sore ass, from all the whipping I get from Mr Market.:D
Separate names with a comma.