I have a question. Do you have a job, career in something else? How do you spend your time? Obviously you are not a professional trader (yet) Did you inherit an estate of money, or are your parents just very well off? You seem fairly intelligent so it is confusing as to what you are doing here. It seems you need some direction. If you had top grades in a top college then i recommend visiting hrld.com. What you are doing here is something you can get into after several years on an extensive wall street trading floor. As for now, at your stage you need to be a part of something established, large and where real traders are...not these bozos on ET. I will not bother to respond to flaming responses from the idiots here either. Another thing to you....real traders are here, but lurking. anyone who has a (system) or can trade for a damn will NOT share his secrets because why create extra competition for yourself. The people that are responding to you are all novices and sheep.
Hello Aphie, Nice day today. You exercised some discipline. I didn't trade today either. I must say that I agree with amkeer and some others. Jacking up the account with more funds, may not be the best approach. I don't think I would use borrowed from dad funds. Just my thought. Your 5k, 4.6, whatever is enough to get your feet wet, playing es or nq.
No junior, what separates you from some here is that some of us have spent YEARS learning and honing our craft to a fine edge before we even uttered the first word about our own trading. And I'm not talking about some three year NASDAQ love-fest. Some of us have been in the markets for 15-20 years. I have seen people like you come and go. You on the other hand post and pose and pontificate all without even the slightest idea of what YOU are made of under fire. This is leaving aside your complete lack of understand of the market. The way YOU react in the face of uncertainty is now abundantly clear, you freak.... then you take a loss... you freak again.... And now that you are embarrassed that you've exposed your own naiveté, you act as though you are a freshman in the sprit club who's been felt-up on prom night. It is ok, you're still a virgin. Now back up, go away, read, learn, think and then in three months come back to the Big-Top and try your luck again. The humility to secede is innate in some, in others itâs learned; in others still itâs never found. Peace, Dr. Zhivodka
I haven't read a whole lot of your posts, but I would be willing to bet that this statement here is about the most inteligent, intelligant; smartest damn thing I have read from you. I have been trading for just about 5 yrs, and am now becoming slightly better than breakeven. The conclusion I have come to is your above statement. Since I have been learning to control the anxiety and fear, etc. trading has been much improved. Make 'em pretty, Chris
Alphie does your post above have more meaning with you now looking at this quote? "When you trade your monitor will do a funny thing. It will become a mirror. A special type of mirror. A mirror that reflects your self-confidence, your self-esteem, your self-worth. The numbers and lines you see on your screen are just that, numbers and lines. Market information. At your choosing, when you decide to become part of those numbers and lines (putting on/off the trade) a sort of test begins. A test about you. If you see the test as threatening, you will feel threatened. If you see the test as war, you will be engaging in war. If you see the test as one more failure, you will fail. If you see the test as the need to prove yourself right, you will administered the pain of being wrong. If you see the test as certainty, you will be rudely introduced to uncertainty. If you see the test as a battle of wills, you will sacrifice your soul. If you see the test as fear or loss of money, you will be giving away your scared money. If you see and believe the test to be an exchange of information, you now become the one to confirm or deny information. If you believe the test to be one of giving up what you want in order to get it, you will get it. Get it?" Robert
as ye sow....so shawl ye reap.... I was addressing a member of trading flock who felt compelled to give a sermon and preach yea even before he was baptized. What he didn't realized is that there were many grizzled Veterans of Foreign Wars in the audience who may have a tendency to be a little short with a short-timer. go in peace my son, Minister Zhivodka
Robert, No matter how much you wiggle and jiggle, you either win or lose money on a trade...Are RTharp and Commisso the same person I like my samurai example better nitro