Let's see....4 beautiful years. Hmm, didn't Germany occupy France for 4 years during WWII before getting their asses kicked by the Americans? 70 million visitors a year? We get nearly that many visitors in California from Mexico every year to come up and do our grunt work for a few pesos. I would just be happy if the French paid the United States back all the money we loaned them in WWII, with interest of course, just said thank you and went on their drunken, hedonistic, socialist, Jerry Lewis loving way.
Very true...I have confined myself to the "chit chat" threads pretty exclusively. Reason......here anything and everything can be discussed. And is. You can agree, disagree, etc. and no one really cares. Trading has been my profession for 14+ years. I did several threads (started them and wrote a lot of posts) and pretty much said what I had to say. I got an amazing amount of private messages. Most of them were written to thank me for my efforts. However, I also got quite a few slams (mostly on the public forums). It is my belief that everyone has to develop a style of their own. In my "keeping it simple" and "successful trading" threads (and others that elude me at the moment), I gave the "advice" that I felt could be used pretty universally. I never believed that anyone could teach a specific way to trade. And I did not try. I only tried to give general advice that would work for any style. I don't know what else to say about trading. I would never presume to know how to teach or even recommend a style that would be exactly suitable to anyone but me. I think trading is pretty much self-learned. That is not to say that basic principals can't be taught. That was what I attempted to do. I think anyone that takes the time to read those threads will know whatever I know that I can actually spell out. All basic stuff about discipline, accountability, etc. I never once even attempted to give advice on what to trade, how to trade, how to time exits and entries, what kinds of TA to use, none of that. I will always be happy to share whatever I think would be universally useful. But I don't know that I haven't already said it all. Any questions, I will try to answer. But first, I would suggest reading those threads. I did a lot of work and spent a lot of time on them. I would hate to just repeat myself. Also, I have been trading much less for the past several months. This is just a matter of waiting for the market to "come to me", which I talked about extensively already. I KNOW I cannot force trades. I said very clearly that sometimes the hardest part of trading is knowing when NOT to trade. So in this environment, I have spent much less time trading. And much more time trying to improve my golf game. Hopefully we will start to see more of a trend in the market. For the past few months, it seems like it's one day up and one day down. Days like today....I went out of the office for an hour...the Dow was up 90 when I left and down 90 when I returned. volatility is good for trading, for me. But recognizing the difference between volatility and "choppiness" is important, and I just see a lot of "chop" lately. I am a "simple" guy. I like a "simple" market. I like to buy dips in an up market and sell run- ups in a down market. I don't trade into fed announcements or big numbers (or earnings these days). I am waiting for it to get easier. Aphie asked recently something about the market not "doing what it should". Well the market does whatever the participants make it do. Sometimes traders (and ALL the public) think the "market" does things. The "market" doesn't do anything. We ARE the market. When stocks went up every day, bad news was ignored. When stocks went down every day, good news was ignored. It's all about psychology. When the market (meaning traders, and investors when there used to be such a thing) are confused, the reactions are confusing. So until things "clear up" for me, I am better off trading less, chit-chatting more, and working on my short game. One other thing has halted my amount of contribution to the trading forums. That is the pervasive attitude that successful traders "don't share". I have addressed this too many times. I think it's such a completely false assumption. I think virtually all successful traders are secure enough to KNOW that no matter what they "divulge" will never come back and adversely affect their trading. But I am tired of defending this position. So rather than come off as a "blowhard" as I have been called by some, because I have been so adamant about my feelings on this subject, and since I feel there is no upside to defending it, what is the sense of posting my thoughts about trading? Those who agree with me agree, and already know what I know, and those who are looking for "secrets" will never get them from me. Because I don't know any. Peace, Rs7
Those innocent times are over. The recent message (uncomfirmed but purported to be from Osama) mentioned Canada by name as a lackey of the 'great evil' US and called on all true Muslims to attack it and its people (also named were European countries as well Australia). Also the B'nai Brith is now suing the Canadian government on its foot dragging on the Canadian activities of the Hezbollah. Those times are over. Now I wouldn't advise anyone to say they are Canadian over in the middle east. If your complexion can take it...claim to be Swiss. That seems to be the only neutral country left.
"About 10 years later, I worked shortly in Monte Carlo." --------------------------------------------------------------------------------- Bwaaaaahahahahahahahaha.................! What? The Allman Bros. had a gig there or were you Rainer's broker?
just a minor point. I think it was the case that the Allied Troops liberated France in WWII. 5-6000 Americans and 4,000 British & Canadian Troops lost their lives on the beaches of Normandy. Wasn't only Americans who kicked ass.
Oh god...here we go again. No Max, I was a chump that got suckered into a bad deal and it cost me a lot of time and essentially left me virtually bankrupted. Hope that makes you happy. I wrote about it under the alias of "Menace"....(which I readily divulged when I was done with telling of my sorry exploits in that sad episode of my trading career). So you can read all about it and enjoy yourself and revel in my self inflicted misery. I am sure you will find great pleasure in the damage done to me and my family by my own foolishness and greed. But leave it to you to find a way to exploit my failures as great entertainment and in some way to try and further discredit me. Thanks for your kind words, thoughts and support. Peace, rs7
Yes, I am sure you are right. I said that in Chamonix I found the people to be completely different than in Paris and the Cote d' azure. Friendlier and more accomodating in every way. And Traderfut....I hope you were not insulted by my saying that I was told that the Parisians considered Americans the "lesser of two evils" compared to the Arabs that have moved into Paris in large numbers. That is obviously NOT my personal take on it. I have not even been in Paris in over 20 years. This was just a statement made to me that I repeated. I hope I made that clear. Also, obviously, the largest minorities are always the most resented. So if it were not Arabs, it would be whoever else flocked to Paris. Or wherever. In New York, which I am familiar with, the "major minorities" changed many times over the past 150 or so years. Every one of them was resented in their time, as we all know. And unless I miss my guess, there has always been some friction between the French and Arab peoples due to the huge amount of colonization in Africa by the French. When I was a young kid, the conflict in Algeria was an ongoing and daily newsworthy event (which I was too young to understand, but was aware of because it was such a prevalent issue). Peace, rs7