I'm out

Discussion in 'Trading' started by PennySnatch, Mar 26, 2019.

  1. themickey

    themickey

    That won't work, you need to be a hermit in your own cave.
     
    #81     Mar 27, 2019
  2. Turveyd

    Turveyd

    Tried it a few times....

    If you can find someone that thinks like you maybe ??

    Someone Smarter, will just go there own way, refuse to take losses and blow up.

    Someone Dumber, will think there smarter, go there own way refuse to take losses and blow up.

    Dumb and Blank and still, they think they know better, refuse to take losses and blow up :(

    The issue is, nobody thinks like you :(
     
    #82     Mar 27, 2019
  3. kmiklas

    kmiklas

    The Market is trying to tell you something... but you are not listening.
     
    #83     Mar 27, 2019
    ps0013 likes this.
  4. schweiz

    schweiz

    That's not a huge achievement. :p
     
    #84     Mar 27, 2019
  5. jl1575

    jl1575

    take a break, come back after a few months or a year, to see if you can look at the charts in a different way and come up with a different approach.
    Aim not to make money initially, but to understand the price movement mechanism and find a way to filter out the fake signals (market is just like media, fake NEWS is everywhere). When you feel that the market can't fool you anymore you are ready. Consistency and precision is key.
     
    Last edited: Mar 27, 2019
    #85     Mar 27, 2019
    PennySnatch likes this.
  6. It was actually a few million. Nice chunk of change back then.
     
    #86     Mar 27, 2019
  7. schweiz

    schweiz

    I wanted to say that beating ET is not difficult, no negative comment about Livermore. :)
     
    #87     Mar 27, 2019
  8. That might work for some, but without the constant bounce of ideas, dialogue and camaraderie in the trenches I would have given up a long time ago. For the right two people (not necessarily like minded but with different skill sets) success, or lack there of in our case, will be less painful and way more gratifying. IMHO
     
    #88     Mar 27, 2019
  9. themickey

    themickey

    Yep it is difficult, no doubt.
    Climbing Mt Everest is a team job but we need to pull ourselves up.
    I was lucky with a mentor.
    Good luck to you Penny.
     
    #89     Mar 27, 2019
  10. volente_00

    volente_00


    It says traders not basketball players

    But since you bring up height challenged

     
    #90     Mar 27, 2019