back from the dead

Discussion in 'Trading' started by Gordon Gekko, Jul 22, 2003.

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  1. KavMan

    KavMan

    Oh god

    Why even bother trading with $2000
    You're never gonna get that account up to where you can start trading for real
    Go get a damn job!
     
    #11     Jul 22, 2003
  2. Magna

    Magna Administrator

    This is not a journal so I am relocating it, but best of luck to you Gordon.
     
    #12     Jul 22, 2003
  3. You are trying to relive the Edison experience (1000 failed lightbulbs) aren't you?

    I think the advice to get a job isn't that bad. I am in the same boat as you are. My trading isn't going that well either. In order to get some perspective from outside the trading world I should get a job too (not for the money, I can still support myself with trading). but well, I am kinda lazy too..
     
    #13     Jul 22, 2003
  4. dbphoenix

    dbphoenix

    I wonder how many responses yet another GG non-thread will receive?
     
    #14     Jul 22, 2003

  5. no skill is needed, just pure luck. he just may do it !

    surfer
     
    #15     Jul 22, 2003
  6. ahh, the "Martingale Strategy"
    ie. - increase the size of your bet during losing periods.

    or

    put another way:

    the surest way to go broke when undercapitalized.

    I hate to bet against you GG, but unless you stop swinging for the fences and start spraying around the singles and doubles, you're doomed.

    Show a little discipline and you'll have a much better chance of succeeding.

    dog
     
    #16     Jul 22, 2003
  7. if you want to trade and are severely handicaped by lack of capital-- GG--- you NEED TO SWING FOR THE FENCES. stranger things have happened in the market than GG doubling his money....... believe me.

    best,

    surfer
     
    #17     Jul 22, 2003
  8. Personally I'd still go for singles/doubles if I were in his situation. I think he needs to prove for himself that he has a strategy than can actually produce a positive expectancy (which to date he has never had, as far as I know).

    Once he's satisfied that he does have a successful strategy -- he can swing away.
     
    #18     Jul 22, 2003
  9. I believe this is probably the first time I have responded to a GG thread...mostly because they just seem to end up being long, pointless diatribes full of name-calling and other unpleasantries.

    However, I wish you success, man. Sometimes utter desperation is a good thing...really, I'm not shitting you.

    Best,

    P L J
     
    #19     Jul 22, 2003
  10. what the heck else will you do with only 2k! you should donate it to your local church or take a credit card advance and start a real account. LOL

    "Man looks into the abyss. There’s nothing looking back at him. That’s when man finds his character. And that’s what keeps him from falling into the abyss."

    does that sound familar gecko!
     
    #20     Jul 22, 2003
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