If you had to do it all over again ?

Discussion in 'Trading' started by Sekiyo, Dec 31, 2024.

  1. schizo

    schizo

    Do you really need to ask yourself that same question, which you've asked every time you blew up your account? :sneaky: (Seriously, dude, this is no different from reminiscing over "woulda, shoulda, coulda". Better you spend your time asking more tangible things.)
     
    #11     Dec 31, 2024
    comagnum, Picaso and HawaiianIceberg like this.
  2. PPC

    PPC


    It's not surprising; nobody is interested in a guy always showing old charts with support and resistance. :D
     
    #12     Dec 31, 2024
    Drawdown Addict and schizo like this.
  3. mervyn

    mervyn

    too many “would”, start with whatever your balance, keep it simple, sell cash puts, sell covered calls, or do short strangle, that is 101. build from there. 100k is just 10% of 1m.
     
    #13     Dec 31, 2024
  4. DaveV

    DaveV

    If I could live again my life,
    In the next - I'll try,
    - to make more mistakes,
    I won't try to be so perfect,
    I'll be more relaxed,
    I'll be more full - than I am now,
    In fact, I'll take fewer things seriously,
    I'll be less hygenic,
    I'll take more risks,
    I'll take more trips,
    I'll watch more sunsets,
    I'll climb more mountains,
    I'll swim more rivers,
    I'll go to more places - I've never been,
    I'll eat more ice creams and less beans,
    I'll have more real problems - and less imaginary ones,
    I was one of those people who live
    prudent and prolific lives -
    each minute of his life,
    Of course that I had moments of joy - but,
    if I could go back I'll try to have only good moments,
    If you don't know - that's what life is made of,
    Don't lose the now!
    I was one of those who never goes anywhere
    without a thermometer,
    without a hot-water bottle,
    and without an umbrella and without a parachute,
    If I could live again - I will travel light,
    If I could live again - I'll try to wear bare feet
    at the beginning of spring till
    the end of autumn,
    I'll ride more carts,
    I'll watch more sunrises and play with more children,
    If I have the life to live - but now I am 85,
    - and I know that I am dying ...

    Instants
    by Jorge Luis Borges

    My favorite poem.
     
    #14     Dec 31, 2024
  5. Lee-me

    Lee-me

    Well, I think if I were to start all over again, I would take on more risk and let my profits run longer I missed a lot of money because of being scared of prices going back again, so yes, for me it would be more risk and more patience.
     
    #15     Dec 31, 2024
    Picaso likes this.
  6. José Luís Borges wrote in English?
    I didn't know that.

    As per the initial question, I would look for ways to develop and understand patience. The virtue.

    It is easy to say that you would have sent your monies to the best performing assets. But my guess is that at the time you wouldn't know that those assets are that good.

    Patience. And everything would come as it should.
     
    #16     Dec 31, 2024
    Sekiyo likes this.
  7. Pekelo

    Pekelo

    I don't like regrets, but I would marry the Nigerian princess.
     
    #17     Dec 31, 2024
  8. Not a bad choice...
    [​IMG]
     
    #18     Dec 31, 2024

  9. Mamma Mia. Please give her my number.
     
    #19     Dec 31, 2024
  10. Handle123

    Handle123

    Wow, there is so many areas of my life I would do over, LOL.

    Trading wise, never ever go into scalping/day trading. Do 75% long term futures, learn hedging, spreading. 25% stocks that paid dividends and optionable.

    Short term took too long to get consistent, commissions/fees etc too high. I had to overcome 100-300 % went to fees. Breakeven in futures or spreads in forex is a loss, had to learn Breakeven plus a tick is breakeven.

    Learned when I got to breakeven stop long term, don't trail stops. It works for me.

    I never ever recommend trading to anyone, loose so much of life experiences chasing better stats.
    It very lonely way of life cause friends got tired of what I did.
     
    #20     Dec 31, 2024
    Sekiyo likes this.