So tired of having to repeat this over and over while newbies go on and on how they found the holy grail no one here is smart enough to understand, especially when you were following a charlatan. Sorry you blew out but you could have avoided it easily. No worries, the next wunderkid who discovers option premium is going to tell us this time its different.
Now that I’ve blown out my account, can someone suggest another trading guru to follow? Someone who can really teach me how to trade. Or would one of you take me under your wing? It was good while it lasted. My wife sells Avon and Tupperware if anybody needs something. May I recommend the Skin so Soft. It’s an awesome product especially with dry skin.
Mark Douglas' trading psychology and principle strategies may work in theory...kind of like the martingale casino betting system...but in the real-world, there's still inherently real, serious dangers around the corner that can turn your formula and account upside down. Simply hoping and praying you don't rarely step on a land mine is not a viable war trading strategy , You need to up and refine your trading skill and wisdom, and how you generally view and approach the tactical trade situation. Trying to rely on a fixed formula won't get you nowhere in the market. It's absurd to think you can magically create a market ATM money machine, with no potential downside. It's like reading a paper with a Top 10 list of Flirt lines to every girl, and expecting all of them to instantly sleep with you. Another classic case of...Those who can do...Do...those who can't...Teach or write books and host trading web shows. 2018 ET.
So maybe I should start teaching? Not a bad idea after all. I still feel the need to cash out my cr dit cards and start trading again. I think I know where I went wrong. More study time first.
Dang Bobby, sorry to hear that. I had gotten to page ~40 of this thread. Was very interesting. guess its kind of pointless now though haha. whatever you try next do make a thread!
It gets really interesting at about page 70. Whatever you do, do t stop following this thread yet. It’s about to get real good!
Are you for real or just goofing on poor Luggie ? If so, too bad. Since you are posting it, what was the specific down fall ? I'm calling a goof though.