getting into the trading arena does not require selection, one simply has to fund an account, tell your family and neighbors: "you're a Wall Street Trader", as if wow happens, and then lose money, similar to your story. Submit yourself to an interview with one of the professional trading firms, touted on this Trader's Forum, and see what their assesment of you, your trading potential (since we can fully discount your presumed skills as being worth -$70,000), your future as a trader, and your ability to pass the Series 7/63. If you can't do that, then 9-5pm isn't so bad afterall. Buying one of those much maligned trading chatroom memberships and following/making trades in stocks that were just called, might be your only ""profitable"" option. Short of that, all the good intentioned comments listed on these pages for your thread won't do you any good at any future point, because they simply don't tell you what you want to hear. At this point, self introspection, which is what Trading Psychology is all about, continues to condemn your desire to trade, however, you defiantly refuse that advise, so then the happy compromise is to let someone in person tell you, by means of the interview process. Good job hunting, because, you do need professional help! -- both in your trading skills, learning process, discipline and expectations -- BOC (but of course) this all presumes that you have more money to poor after your desire/effort, while you live on other monies to pay your expenses
Limitdown: I will give your advice serious consideration. The purpose of this thread was not "they simply don't tell you what you want to hear", but to gather the expert advice & than act on them. Thanks! Motas
then in that case, you've come to the right place, and the net sum of the advise is worth exactly what you've paid for it. And you've paid a dear sum, because exposing one's ideas to the acid of other's critique is never cheap, easy to bear and at least in this forum, we're of similar interests. Cheers
Go for TS6, Go for TS6......can't tell you why.....just "trust me." No, seriously, one of the founders of TS is one of our "guys" - and we like their family, so with full objectivity, "Go for TS6"....
actually TS and TS-6 are superb platforms, they seem to have gotten the combination right, enough to make big money.... seen a lot of traders swearing by this platform... its not the original TS or a modification but it seems to be a whole 'nother vechicle...
Don Bright: Thanks for the advise on TS6. By the way I had a chance to talk to you at the online expo in NY and attended one of your presentations. I liked couple of your comments "in Las Vegas if you become good at the game the banned you from the casino but here if you become good they will reward you" and also "This game is same as poker except in this game they are wearing a 3-pc suite" How true it is. BTW do you think that STOCKDANCE will make a $1MIL by June 2002?. Motas
With a headful of optimism, my thoughts are that he may do better with a lottery ticket....the "worst investment ever" - right above "mutual funds" ..... I'm sure it was just a "jest." Good luck with TS6.