01-11-10 05:12 PM Quote from GG1972: [BIf it werent a zero sum game I d be willing to teach him everything I know. It ain't exactly rocket science. [/B] And you said : "You don't have to teach him everything, you can tell him the most important thing in trading. How about tell him 3 words about trading? I will know if you really made it by the 3 words you utter." Thought you knew those 3 words I think I know the 3 most important words in trading "according" to you i am finished Bring more money to the poker table--we are waiting and will keep an open seat.
More than a tough tape these days. It's changed, even for you in crude. Every job wanted ad for a trader these days is for algo or systems or quant. Its getting to be Irobot out there. Somebody made a good point a few posts ago: trade boring stuff, bigger size. DD, INTC, CMCSA, XOM . . . I basically start every position as a scalp and trade around it from there. Trying to adapt to the new order out there.
This is a set of very simple questions. BPTrader: 1. What is the purpose of your 3 threads? 2. Are you really finished?
Don't worry, there will come a time when you will look back on this day and say "$25,000? Pocket change."
actually those loses are very prophylactic. you are now more prepared to become a long term winner, if you are able to learn the lesson. for instance, i blew up 7 times before becoming consistently profitable and started trading long time ago, when computers didn't even have a hard drive...
Crude light future contract price chart 30 minute intervals March 2010 <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2736241 \img>
There you go. I look forward to reading your "I quit Part 4". http://www.elitetrader.com/vb/showthread.php?s=&threadid=187779&perpage=6&pagenumber=72 BPtrader 02-25-10 07:48 AM BPtrader 02-16-10 09:42 AM BPtrader 02-14-10 09:44 AM BPtrader 12-23-09 01:57 PM
How does that guy in that pic from that URL satisfiy his wife... kinda seems hard to get things done...