Drinking vodka and trading

Discussion in 'Psychology' started by CrazyBoy, Dec 12, 2010.

  1. Drinking Vodka is only recommended for trading the Russian market.

    If you're playing the US markets, stick to bourbon (if you're a conservative) or Californian chardonnay (for liberals).

    For sim and paper traders, the drink of choice is a glass of hot milk with honey, served by your mom.

    :D
     
    #11     Dec 12, 2010
  2. A California Riesling on occasion mid trading day 9-11 am pst

    Sometimes when I am real tight , nothing like a strong screwdriver with your eggs.
     
    #12     Dec 12, 2010
  3. pspr

    pspr

    Are you guys all members of DDAM? (Drunk Drivers Against Mothers)
    :D
     
    #13     Dec 12, 2010
  4. Bob111

    Bob111

    after 1/2 of 750ml bottle of vodka (specially @ 9am)i would do anything but trading :p
    vodka is fun to drink(half of the bottle is no biggie),but i don't like the "delay" part.it's hit's me @ full power 3-4 hours after i finish it...
     
    #14     Dec 12, 2010
  5. Drinking while trading indicates that you are having problems with identification of your setup and trust that it is a high probability trade. Instead you are gambling, and you drink to because you are not at peace with the amount of money you are risking per trade.
     
    #15     Dec 12, 2010
  6. rcj

    rcj

    Cheers ...

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3034163>
     
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    #16     Dec 12, 2010
  7. Au cuntraire! I update the optimizations of my systems weekly. To the extent that anything can be said to be statistically significant in the markets, my results are. I am comfortable with them to the point of boredumb.
     
    #17     Dec 12, 2010
  8. Sometimes that is very true.

    Quick story: In fourth grade . My teacher thought it would be a neat idea to get a pinata for our class ( all three 4th grade classrooms participated). So we go to the gym ,1 kid is selected through a raffle to wield the stick. He pounds & pounds on the pinata & finally it burst. More like punctures it. The candy starts streaming out. Everybody dives on the gym floor for the candy. I weave through the bodies & grab whats left of the donkey & about 2/3 of the candy and break out like Barry Sanders.

    Needless to say the teachers made it a point to vilify me , in front of everybody.They made me share all of the candy. My first taste of socialism.

    Point: That is how I trade. Feels like gambling sometimes when you lose. But when you get it right ,its aggressive brillance at its best. The set up is key !
     
    #18     Dec 12, 2010
  9. the1

    the1

    So taking away the vodka means we aren't witnessing THEE bull market of all time?? Or is it your perception of THEE bull market of all time changes when the vodka is revoked?

    I got a better idea. Put in some long hours and study you ass off and learn to read the markets without mind altering substances.

     
    #19     Dec 12, 2010
  10. No coffee or red bull either ?

    Caffeine is mind altering too.
     
    #20     Dec 12, 2010