Thank you so much for that. Here is my philosophy on life: there is nothing I am incapable of; there's nothing I can't have if I want it badly enough. Now suppose that I am wrong; that there are limits, caps to my success. If my cap is 400% a month then I will come close to that number in my life because my attitude is such that I let limits define themselves. But if I subscribe to the consensus that 50% a year is impossible in the investment industry, then do you think I'll come anywhere near where my true potential is (let's say 400% a month)? In that case I won't even come close to 50% most likely. I believe I do have patience. I let my profits ride for long periods of time. Problem is, I also let my losses mount in the same way. I need to learn how to cut my losses immediately. Thanks so much for your comments.
"Thank you so much for that. Here is my philosophy on life: there is nothing I am incapable of; there's nothing I can't have if I want it badly enough." You watch too much tv my man. Wanting to be a great trader doesn't mean your going to be one though. And please, lets not refer to you as a trader as you so said. You are a professional gambler. So go gamble. Don't tell us about it, go do it. I personally don't understand why you continue to give me this great material to print out, it's literally hard to keep up with. But I appreciate it. This is a thread I'm going to refer any newbie to.
Don't worry about mowery, he's a 19 year old just out of high school who claims he's knocking down $150K. I guess if you throw in his alter ego, coolweb, that's $75K each.
How can you lose when you try to hold the position in bonds? The bonds has been going one way since Feb. man. STRAIGHT DOWN! If only you sold it somewhere in the middle, you could have made 100K at least on 6 lots. Do you just go in and out long and short faster than you can click it?
TS, Even the folks, whom you are now verbally sparring with provided some good info, they are just are frustrated because you don't seem to hearing their message. I would probably be frustrated hearing your replies too, but I have already been down your road a few years back. Nobody could tell me otherwise, take what you can from this forum and do what you are going to do. Let us know how it turns out. Best of luck to you and your trading. Dan
Wow... Who are you??? 150k??? I DON'T APPRECIATE FLAT OUT LIES TO BE SAID ABOUT OTHER MEMBERS OF ET. That's some bull shit Max, what is your reasoning for that? This is the most hilarious thing I've ever seen.... you not only lost ALL CREDIBILITY by that post, but no one should ever believe a post you ever write again. I've never claimed to be making even 5k.......... You just posted a flat out lie, why should anyone believe anything you ever say again?
First you should learn to read. I never claimed I only have 200K Quote me if you can. Again you prove you cant read. I have more than 200K. I make a lot more than $363 a day. Did you not see my profit today? Your reading comprehension is very very poor. About as bad as your trading. Truly delusional. There is no way you have a degree in math, otherwise you would know that 400% return a month would grow 25K to 26 billion dollars in 11 months, LOL. Not possible. After you lose $30K, you cant grow a $0 account. Fact. After you save up another $30K, and lose that too, you will again be at $0. This is not a pattern than will make you money. Again, learn to read. I have more than 200K and make a lot more than $363 a day. In fact, I wager I will make more trading than you ever will. That is quite obvious at this point. Oh wait, its already true, you are negative A lesson you could have learned for free by reading a $20 book. Yep, you are kicking ass. One of the first lessons of trading. If you think this little lesson has brought you anywhere near profitability, you are in for many many many more rude awakenings. Obviously, you have nothing to learn hear from real profitable traders. You already know it all. Have fun losing more money. You are well on your way to your next unecessary blow out.
The only thing I've accomplished in this damn thread is getting my post count up and my blood pressure up a little from someone posting that I have claimed to make 150k a year. What kind of bull shit is that. What's the word for that, slander? or something like that. This thread was a fucking waste of my time, I have better things I could have been doing. This is worse than Jerry Springer