YIKES! haha Did I say BF?? Hope that was not some sort of Freudian slip!! ...and not that I care what floats one's boat...but it was GF GF ... in case u missed that .... its GF thanks for bringing that to my attention SnakeEYE! (SnakeEYE? snakeeye?? (ha) ...hmmmm...there was that one time though... foggy memory...back in college...I was experimenting...we were drunk..he was cute...hmmmm...) Hey SnakeEYE...you want to have a drink later??
I know I got flamed pretty good but you know what I just cant understand? With all of today's technologies...now u can really experience trading, enter and exit real-time markets, and get some clue about what your trading abilities are with no money! You can start your trading education for free, or drop back to the basics if you missed it years ago...why does a demo account carry such negative vibrations from all the eti's?? Back in the day, there wasnt such a thing...we paper traded back then and ...paper trading..is like the real joke...not even comparable to a real-time demo account available today. I dont know how many times I wished I could replay the mistake or ignorance that cost me thousands of dollars. Demo? phiffff...yea right. Not me. I remember one time I was just gettin up to speed with the j-trader and when I hit the keys...i bought when I meant to sell...i bought again...then sold the wrong number of contracts...then reversed and went flat...CRAP! in less than a minute I was down 17es points! Improper executions can kill you! Not to mention all the times before electronic trading when the "system" I was trying out (develp this one sys where I divided the linear m/a by phi and then multipled that by gallons used on my water bill...higer than the market buy...lower sell ha) ne way, the times the market would take me into the MODES...when it moved against me. It usually started with the Crap Mode... 1. "CRAP, im on the wrong side"...then it would go deeper and Id move to 2. "man, I HOPE this comes back"- the HOPE mode...and then usually on to 3. "PLEASE GOD!...let me get my money back"- the PLEASE...GOD mode...which ultimately lead to the 4. the PUKE mode. No doubt you have been there done that huh? Do you think a demo account is just like a game? Well, I like to win games dont you? But think again; if you are losing money..in a rut..cant pull the trigger...u need the sim. But you have to approach it like it matters...it matters if you make or lose money. Like Ive said before...because you can make money with a demo account, doesnt necessarily mean you will make money trading your cash but you MIGHT be able to make a few bucks. But, heres the dig, if you cant make money with a demo account...you aint got a shot. See, most of the time the market educates enough money from you to become a doctor or a lawyer...and probably more of your time. But unlike doctors or lawyers, most traders dont get paid to learn...or "practice" (like Practicing Attorney..Practicing Physician...whats up with that? I hate payin someone to practice!). Oh, I know all about "its not real" and "doesnt mean a thing" but why not give "it" a shot before you throw your money away or begin your "investment" in your education...trust me, you will get plenty of opportunities to pay as you play. Noob's and rut traders...Take the demo serious for a week, or as long as it takes to make a thousand mistakes or double your account...treat it just like it was your money and your life. Hone your reflexes..experience the unknowns...put your thoughts to the test and get the bugs worked out...Write down your mistakes and work to eliminate them...at weeks or months end, think of all the lessons you will learn and the sim wont cost u a dime. Its a golden mechanism...especially for the old guys...in a perpetual slump...guy who's been trading for 20 years and still... eat'n like a bird and shit'n like a bull... Of course, if you're makin money you dont need no stinkin demo...u already know all u need to know so good for you. But for the rest of you...you wont be disappointed if you give it a try! You will at least get the all important screen time. (Oh, and if you dont have ne thing to do...try dividing the kw hours from your elec bill into the total dom orders...and then multiply by phi...divided by the number of years you have been losing money...times a moving average of a fib percentage...just sayin) Now...bring on the funk eti's...
u have seen this excuse before? where? "Look...heres the real truth... My gf and I had been havin a few problems...and she was already angry at me for not folding the towels. To make matters worse, when she got home from shopping, she found I had smoked the last of the weed ...and that really set her off. That was it she told me...she stomped around the house a few minutes putting her new clothes away and then, of all things, accused me of watering down the vodka! That was it she told me again...she was goin back by Nordstroms's to pick up those shoes and then...then she was going to her mothers. She stormed out the door mad and even kicked the dog...so I took a little nip...hell with her...and then another and another. Well, here I was a week later on a drunken vodka adderall binge, with the music blasting, tradin my ass off. I was feelin great thinkin I was a kazillionaire...soon enough Id get another money ho...only to find out it wasnt my live account I had been tradin!...but rather a demo account I loaded for my granddaughter to play with... oh the pain of it all...the pain and the humiliation I suffered when I requested my broker to transfer funds to my bank account...Now I ask you..isnt that enough suffering?" where? no...i dont think so..i think you just haaad to put ur two cents in there didnt ya? in true eti (ellite trader idiot) fashion i might add...do you feel better now? equities trader (now theres an oxymoron for you). judge not..lest ye be... and lighten up...ur too tight...its unhealthy...get in that line over there and behave...
games r for kids,don't pay,but sometimes simulate real life,get kids ready,do you have a plan to go live,or just play
Step one was to relieve some of the stigma attached to trading a sim account...its really a remarkable underutilized tool. With the exception of a few sabbaticals I have been trading since way back when the S&P was at 200 and the Hunt brothers cornered the silver market...position - swing - day - black box - system - darts - monkey throwing darts - stars - moon - electric and water bill... wish I had a demo account back then... I trade every day (been ranting about the eurofx..screw the emini)...but every once in a while I take a break and just push my limits and abilities with the sim...a few of my friends tried it and just raved at how it sharpened there styles. Had the1 not outed me a day early, this whole thing would have been such a hoot...but alas, like the market...sometimes ya gotta just take what it gives ya and work it... added: oh, and all those green blotters i posted? someone said it would have been better if i would have posted a losing day...i didnt have one ...