"If I ever reach 'Elite' status - I've given my wife instructions to simply shoot me."--Johnny Rotten Well you hypocrite loser...27.80 posts per day will get you there very quickly.
Agin, Sorry, I disagree. I think "averaging" when a position is going against you is the wrong way to go for most people, myself especially included. I always thought the idea was to get out of the way of an oncoming train. You refer to large buying power. Unless you are planning to move markets (which I assume you are not, certainly not with 200K), I think you are implying very large stop losses. That may be one way to trade, but it is certainly not the only way. If anything, I think it is riskier. But that is a matter of opinion. I think that trading is scalable. (I heard someone once refer to it as "equivariant.") True, 2K is too thin, but your suggestion of 200K as being a minimum sounds to me like overkill. Nice number, though. Regards, Thunderdog
The difference you ignorant dimshit is that 20 of those 27 are trading related on a different thread. Whereas your shit is 100% worthless crap across all threads. If there's anything worse than a wanker, it's a fucking kiss-ass wannabe wanker with fuck all to say. Now I really must be going because this fucking thread is by invitation - wankers only.
Gordon, It's good to get things off your chest. Now that you've done that, pause and take a break. Don't make any major decisions right now. Step back and get some perspective. In due course, you'll know what's right for you, trading or otherwise, and you'll be on your way again. Good luck to you. Regards, Thunderdog
1 - Open a Forex or minis account 2 - Sell very (very very) out of the money options (1 month to expiration) --> Hedge buying underlying if needed (shouldn't be often) 3 - Get a job
For the record what, exactly, is a wanker? And how is it pronounced? Does it rhyme with tanker or bonker? Regards, Thunderdog