What are your views on the transitional aspects of trading? Capital is always in transition; as that happened for you what were the 5 or 6 concerns that popped up? Were they in any particular order or did it vary from week to week? Were you trading before minis or before electronic orders? (just so we mat have a context, please. Not having a ceiling of any sort, as you do, is interesting. You assign the ceiling to the potential of the market to perform it looks like; you are way ahead of me. I am convinced that I have a ceiling at this point and it seems to be really hard to get to a place to be able to address the situation wisely. I've traded for weeks on public web sites ahead of the market in real time using the item to to that was requested of me both commodities and specific stocks.) I noticed a bunch of competitors who couldn't understand my trades at all. Strangely they thought I was losing on the trades I posted, especially during congestion. I tried to chat in terms of money velocity as a side consideration and they thought I had my head up my ass.
******************************************* I CHOSE to have built a home with mostly standard 8' ceilings; older homes , custom built homes commenly go higher. Interesting trend lately; much more common to see 10 ' ceilings. Scientist mentioned Marty Schwartz trading 15k into $20,000,000 in about 10 years. Interesting as a 7 year old kid Marty shoveled snow as a little business. Even more interesting,even with that discipline starting at 7; his equity curve didnt turn profitable until close to the end of 10 year time time frame. ****************************** Make hay while the sunshines.
This is a great example of what I was talking about with beliefs. Here is an individual discussing trading, stating his/her perception about relative performance. The first thing to note is that the statement is an opinion, yet it is presented like fact. The next thing to note is it is a belief. Again, EVERYTHING is a belief. Until you begin to notice that EVERYTHING that you consciously or or unconsciouly (thats the hard one)believe is an illusion created by the filtering process of your currently employed neural pathways, you WILL BE STUCK. Dearest Alfonso, please take no offense, none is intended. This just happened to be a great example, I understand how easy it is to strongly disagree with the notions I'm sharing, until you don't. Then, in an instant, the whole of the universe shifts 3 1/2 inches to the left.
There may be a vertical scale out there like a bell ringing sledge hammer gizmo. We can build one with different designations that have values for ringing the Bell for different posters. The long run average is a misnomer. I am hoping that Alphonso willl answer the Q's I asked so we can take long run average off the table. If he takes it off the table it will be better than me suggesting it.
Did you know sharks turn their stomachs inside out (it goes past their teeth, even). What a moment to have a shark sneeze. I am doing NLP warm ups.
Why everone would want to become another Scientist? There must be something interesting and of good value, I would guess. I'd better hurry up.
I guess I should elaborate. We got people like myself, new to trading and trying to make it. We got people that acually know how to trade, trade for a living, and make money. Then we got the others. Everytime someone tries to post something intelligent they get overrun by 50 slobbering idiots claiming to avg 5 ES pts a day. They aren't shy about this, but if you ask for some proof all of a sudden that is too personal, they don't like to show off etc... What a f***ing joke. My guess is the majority of these morons are failed traders that can't whip up enough cash to open a new account, so they spend their time pretending they are traders and messing with people that actually do trade. I for one am done with this BS, it is distracting me from my trading. There, I said my piece.