Not Possible....profit On The Screen

Discussion in 'Professional Trading' started by datstrader, Jun 4, 2009.

  1.  
    #11     Jun 4, 2009
  2. If you JUST KNOW you CAN'T WIN......YOU WON'T!
     
    #12     Jun 4, 2009
  3. DUDE IN MY LIFE I WAS THE MOST POSITIVE MAN ON THE PLANET..WHEN YOU CAN'T PRODUCE A DIME OF PROFIT IN THE REAL WORLD WITH 3 KIDS YOUR POSITIVE THOUGHTS KIND OF RUN OUT THE WINDOW WOULDN'T YOU THINK?????
    AT THAT POINT YOU EMBRACE YOUR DEMISE.....NO POSITIVE THOUGHTS CAN PULL YOU FROM REALITY.....THANKS FOR YOUR TIME
     
    #13     Jun 4, 2009
  4. WinSum

    WinSum

    Get a buddy to setup a webcam pointing toward the floor and send you the ip address to the webcam broadcast.

    You still see and hear the action in pit from your office or home while you transition off the training wheel.
     
    #14     Jun 4, 2009

  5. haha, I am glad you and I are on a level playing field now.
    Welcome to the real world of day trading.
    The fittest survive.

    PS: never understand what "pit" means. Glad it is gone before I know it.
     
    #15     Jun 4, 2009
  6. It is not about just being positive.....it is about your attitude/mentalities while you work through a new challenge in life (as we ALL have to do......MANY TIMES in our lives). Hey, you are going through a tough TEST, so spend the energies on solutions not on excuses.....you were ALREADY SUCCESSFUL so you CAN DO IT AGAIN IMO!!! :cool:

    Fight it out dude.....put your situation in proper perspective......

    http://www.youtube.com/watch?v=xxKvOSm5FcE

    :D :D :D ......and laugh.....it is great medicine!!! :D :D :D
     
    #16     Jun 4, 2009
  7. #17     Jun 4, 2009
  8. obviously u have not been on the floor in a long time there are plenty of people making a killing UPSTAIRS using screens!!
     
    #18     Jun 4, 2009
  9. Your conclusion is probably accurate...in regard to your own personal trading. Trading on the screen is very, very, very, profitable. We've had a few former NYSE Specialists pass through our trading floor after being laid off by Special K. They couldn't make the transition. These guys were great traders on the floor and they couldn't make a dime on the screen. They're all gone and out of the business as of now. Some of their habits and skill-sets were/are not applicable to trading off of the floor. For most of them, they found it too difficult to unlearn old habits and replace them with new ones.

    I've never traded on the floor and I never will. But I'd like to think that risk-to-reward is as relevant on the floor as it is on the screen. If you traded that long on the floor you must have a great idea of what it takes to succeed. You just need to learn new tactics and strategies. Easier said than done; I know.

    The screen is the present and the future buddy. Good luck to you.
     
    #19     Jun 4, 2009
  10. Hey man,

    Read Marty Schwartz' PIT BULL... I highly recommend it.

    He used to trade in the pits in the glory days, but discovered that he preferred doing so electronically upstairs.

    It's a great book!!! Maybe you will get something from it
     
    #20     Jun 4, 2009