Huge Losses

Discussion in 'Trading' started by Ripley, May 11, 2005.

  1. Isn't that what they call a DD?
    :D
     
    #151     May 18, 2005
  2. I wonder why the best and most helpful replies to this thread are disappearing …
     
    #152     May 18, 2005
  3. Does the guy really deserve help ??


     
    #153     May 18, 2005
  4. TRS

    TRS

    Half way down the first page I am thinking, what is this....turn second page, back to the library!.... Twenty six pages later, I'm questioning the sanity of ET!

    Moderators' required. Apply within.
     
    #154     May 18, 2005
  5. Why not...?
    There is many traders who at the beginning were doing things inversely but after ears of study and practise they become successfol...
     
    #155     May 18, 2005
  6. This guy Ripley has been receiving bucketfuls of good advice on ET from professional traders and he still seems to be hell bent on doing the exact opposite of what's been advised.

    anyway, i wish him the best. Going by his approach, he'll surely need loads of luck to survive the tough road ahead.


     
    #156     May 18, 2005
  7. So where is our hero?

    Did he blow out already?
     
    #157     May 18, 2005
  8. Fighting hard out there. +$55 Today.

    Just trying to take only the sure things. Had 9-10 trades, 8 of them break even, one winner of +$110, and got stopped out of one for -$50.
     
    #158     May 18, 2005
  9. What's DD? Due Diligence?
     
    #159     May 18, 2005
  10. BCE

    BCE

    Not to make your plight more difficult, but saying "I am selling them for real cheap to what I paid for them so I think they are a steal' I'm not sure about. Trader's Library just had a megasale on many of these tapes for $9.99 each about a month or two ago which I'm sure many people here know about. FWIW, I'm a PowerSeller on eBay and resold some of these myself to pay for the ones I wanted to keep. :) There's been a lot of really good advice given to you in this thread. It's your choice to follow it, learn from it, or flame out. Sometimes it's better to keep the meager money you have to live on so you won't end up homeless and in the meantime go and find some real world work and save enough money to trade again in the future. But the problem is you're making so many mistakes that until you take the time to learn you'll never really be successful trading. When you're in the middle of it perhaps you can't see this. And some people really do have to learn the hard way. I really do wish you well though. I mean that sincerely :)
     
    #160     May 18, 2005