25 Years & $100 Million Profits... A to your Q's, Today Only

Discussion in 'Trading' started by gnome, Jan 1, 2008.

  1. At what age did you begin?

    How did you begin?

    Time to profitability?

    What markets do you trade?

    Do you use any indicators?

    How many of the 100 million do you have now?

    ....well I could go on. But any on the above will do.
     
    #151     Jan 1, 2008
  2. jtnet

    jtnet

    #152     Jan 1, 2008
  3. gnome

    gnome

    I have one of my most memorable trades in 44 Wall Street...
     
    #153     Jan 1, 2008
  4. gnome

    gnome

    I know of no significance to "day of the week".

    Best reason is "chart structure".

    Trading in front of news is mostly gamble... not the best reason to risk.

    News.. sometimes you chase the reaction, sometimes fade.. no general rule.
     
    #154     Jan 1, 2008
  5. gnome

    gnome

    Started trading about age 35.... rest of the questions already answered except for my net worth... too personal for ET, you know?
     
    #155     Jan 1, 2008
  6. Mercor

    Mercor

    Where is your tip jar?
     
    #156     Jan 1, 2008
  7. I have been a struggling trader for a long time and I pretty much given up all hopes for success in trading, but I am going to stick to trading just to see if being persistence would pay off.

    It would be great if a successful trader like yourself could give me and other traders like me a bit of guidance and let us know if we are heading the right direction.


    Many thanks!

    Pension_Admin
     
    #157     Jan 1, 2008
  8. Gnome,

    Interesting and insightful thread.

    Thank you.

    My synthesis of gnome's experience/perspective is: He is a classic discretionary trader with a systematic/near-systematic conservative and strict risk management overlay.

    And in essence this is the key to successful trading: Strict risk management.

    Like we've heard many times - the essence of successful trading is "simple" - perhaps not easy to implement in practice but conceptually VERY SIMPLE.
     
    #158     Jan 1, 2008
  9. gnome

    gnome

    LOL... not necessary
     
    #159     Jan 1, 2008
  10. gnome: I just PMed you a solicitation for partnership on a automated system I designed, if you are so well capitalized and looking for noncorrelated options.

    But... This 100m is net profit, after losses?
     
    #160     Jan 1, 2008