Confessions of a successful trader

Discussion in 'Professional Trading' started by StLouisTrader, Sep 10, 2009.

  1. I'm not a Catholic. besides, I don't think I'd like to spend too much time alone with a priest.....:confused:
     
    #21     Sep 11, 2009
  2. I only eat boiled white rice.
     
    #22     Sep 11, 2009
  3. I had been a sell-side analyst for 7 years and was beginning to hate it. I had a friend had taught himself how to trade and offered to teach me. He was not/is not a guru. He taught me for free. Back then I figured if I could make enough cash to pay my bills, I'd rather trade than do anyting else in the world. Confession #6 is i've been profitable since the beginning and have not generally faced "struggles". Sure i've had drawdowns i couldn't be sure were going to end, I struggle with breaking the rules I make for myself and some days I feel like I'd like to crawl under a rock but I've never had to "struggle". I think the fear of struggling has been a really good motivator for me




     
    #23     Sep 11, 2009
  4. 30 years is awesome! Congrats!
     
    #24     Sep 11, 2009
  5. Confession #1

    I've purchased several trading courses and books.

    It's been 5 years for me now and I'm just breaking even but still struggle with the psychological aspects of following my rules.

    St. Louis thanks for sharing and I hope you know how blessed you are to have someone like your friend and a method that worked right out of the box.
     
    #25     Sep 11, 2009
  6. confession: I had a 77% drawdown in March. I was able to stand back up, dust myself off and get back on the horse. I have since reviewed my transgressions and have grown my account by 136% (from rock-bottom with proper discipline)...I have a ways to go. This site (believe it or not) provided me with the entertainment and encouragement I needed during my 'darkest hour'
     
    #26     Sep 11, 2009
  7. I thought this was a baseball card trading site.
     
    #27     Sep 11, 2009
  8. Humpy

    Humpy

    One of life's golden rules

    Never admit to anything unless it's in your favour -

    "confess my son ?

    in the famous words of John Mc " you cannot be serious !!"
     
    #28     Sep 11, 2009
  9. Confession#4 - I highly suspect you are NOT either of the bolded items in your OP above...

    Unless you plan to post convincing proof of your self-anointed success.

    We gets lots of these claims, and they are VERY rarely true.
     
    #29     Sep 11, 2009
  10. you beat me to it

    so far, all I've seen is 'I'm above the rest of you'

    and it doesn't even have to be convincing proof - it just needs be be anything at all
     
    #30     Sep 11, 2009