If you use stop losses then you are essentially gambling

Hello semperfrosty,

Lol, trying to get that million dollars buddy. That is all I know.

If it makes money, it makes sense!

 

Hello NoahA,

There is nothing wrong with it at alll. But I want some more money man. more more more more more more money!!!

There is no rules in this trading business, you can trade 10 trading strategies if you like. whatever works for you man.

 

So how much money did you lose today by missing opportunies in the market taday?

 

8.2M

 

Pretty sure you're being facetious but anyway this is not about adding to losers lol especially intraday. The idea is to improve on a position you are prepared to hold possibly months or a year or more...so again is why I use ETFs and indexes to avoid all the earnings and other risks involved with companies.

 

Yet you aren't holding any positions at this time. Strange!!

 

Hello wxytrader,

I dollar cost SP 500 index in my 401K account when I get paid.

What is wrong with adding to losers intraday? I did it and it makes money. I do not want to add to losers for no months and years. I trade intraday daily. You can do it intraday here as well and make some money.

 

Two gamblers exchange experiences...

 

And other posts have mentioned days at most. Quack, quack, quack.

 

Hello Quanto,

I can not speak for anyone else, but I am indeed a Gambling/discretionary/guessing/speculating ES futures trader.

And I love every minute of it!!!