3 years and

Discussion in 'Professional Trading' started by feng456, Oct 19, 2013.

  1. feng456

    feng456

    To make money...obviously? I don't go around bragging to people or stroke my ego if that's what you mean...
     
    #21     Oct 22, 2013
  2. nursebee

    nursebee

    No, I mean like pretend you are running a fortune 500 company beholden to shareholders and run a business.

    Attention employees "Go make money" is hardly a goal they can know how to do.

    You are making money, just not a positive sum.

    Why are you losing? Trading is zero sum, why are you on the wrong end?

    What makes you think your methods should work? Are you gambling? Are you throwing good money after bad? What has worked for you, do more of that.

    Pursue a job, give up the frenetic crap you are doing.

    Get a coach that is successful.
     
    #22     Oct 23, 2013
  3. feng456

    feng456

    I knew someone like you. Lots of rambling general statements, never any specifics. "...money management and psychology..."

    Turned out the guy was a major shill.

    Stop wasting my time.
     
    #23     Oct 23, 2013
  4. You should quit doing what you've been doing.

    But if the passion for trading is still there and you won't feel passionate about the alternative then No, never quit.

    Take a little break to research, talk with other traders, then get back in and try something new.
     
    #24     Oct 23, 2013
  5. Doing everything right might mean that either your method isn't as robust as you thought it was (even though you implemented everything properly) or you got very unlucky (do you hold overnights?).

    You need to evaluate which one it is; if unlucky then yeah that sucks but at least you know that your method is still solid and that most likely things will even out when you catch some good luck. If your method is not very good, then you need to decide whether you want to spend a lot more time retooling it, or if you want to call it quits.

    Have you done a thorough analysis of last year and how you got to this point?



     
    #25     Oct 23, 2013
  6. feng456

    feng456

    Well that's the problem is at this point I'm not sure if it was bad luck or something wrong with what I'm doing.
     
    #26     Oct 23, 2013
  7. Thoughts become things.

    If you see your self failing, you will.
     
    #27     Oct 23, 2013
  8. koolaid

    koolaid

    that corporate ladder is over rated. you work 10-12 hours a day for what? so you can hope to become CEO at 55+ and work more?
     
    #28     Oct 23, 2013
  9. nursebee

    nursebee

    I am not selling anything, I am not a shill.

    Me thinks you are not willing to stare into the mirror enough to be a success.
     
    #29     Oct 24, 2013
  10. Redneck

    Redneck

    Reality

    :)

    RN
     
    #30     Oct 24, 2013