Market Code Crack'd?

Discussion in 'Journals' started by floortradr542, May 24, 2006.

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  1. i meant no, lol.

    ^ exactly - if you have a working system and are working it - why would you pursue something else?

    "information" from others will add risk... i dobt get it.
     
    #111     Jun 24, 2006
  2. My first love has always been equities. Stocks.

    Trading futures is for income. Buying great companies at great prices is for building wealth.

    I have always kept my eye on what to do with "excess" profits. Once I reach a certain trading level income-wise, and after bought the few toys I truly desire, what do I do with the excess? My lifestyle will change, but not by much.

    It may be a fallacy, I believe that Wall Street knows something over the general public when it comes to shares-- be smart and buy now. Dump on the public at inflated prices later.

    I want to be the dumper. Not the dumpee.
     
    #112     Jun 24, 2006
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    #113     Jun 25, 2006
  4. :eek: ......................................................................................:p
     
    #114     Jun 25, 2006
  5. Yes they do, and Yes you are right, but you don't need "inside information" to understand that.

    You need an MBA ... you need to understand how they view the business cycle.

    Good TA, Volume Analysis and consistent system would get you there as an outsider.

    I'm not really going down this road anymore.

    Later,

    JJ
     
    #115     Jun 25, 2006
  6. http://www.elitetrader.com/vb/showthread.php?threadid=71724

    Knocks yourself out.

    Between you and this guy, you're look'in at ohhhhh, someplace in the area of 10 years or more ...:eek:
     
    #116     Jun 25, 2006
  7. I don't know how much further I can take this thread. I have shared my trials, tribulations and insights as much as I dare. Trading is very simple, once you have thoroughly thought it through. It occupies my mind 24/7 now.

    It's ironic that I chose trading because I thought it was the only way an untalented, low-man-on-the-totem-pole nobody can earn an excellent living for my family and enjoy the nicer things in life. I do not enjoy their company as much because I am ALWAYS thinking about the next trade. I go to sleep dreaming about the next trade. Yesterday was yesterday. Tomorrow's trade is the only thing that matters.

    The market consumes you when you are losing. It consumes you more when you are winning.
     
    #117     Jun 25, 2006
  8. K-Rock

    K-Rock

    It's called fear and greed, and it will consume you if you let it.
     
    #118     Jun 25, 2006
  9. Please don't let this thread die out. Thanks to it, and your generous PMs, I am beginning to feel confident that trading might be viable for income support.
     
    #119     Jun 26, 2006
  10. Yeah you've done a great job FT, just stay away from that "inside information" and you'll be golden.

    Focus on yourself bro, focus on yourself.

    Later,

    JJ
     
    #120     Jun 26, 2006
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