Obsession with trading and the markets. Does it get better or only worse?

Discussion in 'Trading' started by Laissez Faire, Aug 14, 2020.

  1. I traded 14 years before I made a year-over-year profit. Since then, I have made a profit every year. Last year, I made 147% profit. I have been trading 51 years. I tweet all my trades BEFORE I make them. @RandomFour
     
    #71     Aug 15, 2020
    beginner66, jl1575, Onra and 2 others like this.
  2. Bad_Badness

    Bad_Badness

    LF, you might just be looking for what "system" style fits you best. "Fit" being a vague and broad term, that only you can fine tune for you. "Best" being also vague and broad.

    So no matter what everyone else says, these things are for you to decide. This even applies to the money side. Some want to make a couple hundred dollars a day, some want to add a zero to that. But wants aside, YOU have a "fit" and "best" criterion on top of that. Hope that helps.
     
    #72     Aug 15, 2020
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  3. jinxu

    jinxu

    You don't make any sense my friend. I'm bored as in I have more interesting things to do then learn more about trading. Why would I want to intentionally make bad trades for??? It's advice like this that I stopped listening to anything on this site.

    You just do not know who the 5% are and who the 95% are on this site.
     
    #73     Aug 15, 2020
  4. virtusa

    virtusa


    Neither do you.
     
    #74     Aug 15, 2020
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  5. jinxu

    jinxu

    Neither do I care. What's your point?
    What's your experience? 1 year or something.
    I don't know why you are trying to argue with me but just stop.
    You're making me laugh.
     
    #75     Aug 15, 2020
  6. Are professional athletes obsessive or passionate? Don't doubt your career choice and reward yourself better on the weekends. If you are stale doing boring shit then of course you'll look forward to trading.
     
    #76     Aug 15, 2020
    Laissez Faire likes this.
  7. smallfil

    smallfil

    A 90% winning trading system is not necessarily, a winning system. What if you win 9/10 times but, only win $100 each time. So, you have won $900 then, you get the 1/10 loser which results in a $1,500 loss. That is a negative expectation trading system which is guaranteed for you to lose your monies. In contrast, you could have a 40% winning trading system with returns of say, $1,000 each winning trade. You lose 60% of the time but, only $100 each losing trade. So, now, you won $4,000-$600 for a net $3,400 winner. Now, this trading system is a positive expectation and you can expect to make monies out of it. Winners should be several multiples of your losers if you want to make monies in trading. Win rate does not mean squat.
     
    #77     Aug 16, 2020
    murray t turtle likes this.
  8. virtusa

    virtusa


    1. You never read my postings ( where I mention how long I trade) as you don't know how long I daytrade.
    2. You make statements without any proof or even knowledge about me.
    3. You should go back to Tiktok where you belong.

    When you still had top start papertrading in 2010, I was already daytrading for real over 15 years.
    You are the newbie, not me. ROFLMAO.

    tenor.gif
     
    #78     Aug 16, 2020
  9. Not really.

    I believe the bulk of my system and approach is complete. From here on, it's mostly a matter of improving what I already have created and addressing the weaknesses I've identified and which presents themselves during live trading.

    I'm now at a point where I make money most days. The goal is to eventually increase my daily take and stake and eventually become filthy RICH (hopefully) from my trading operations. :)
     
    #79     Aug 16, 2020
    Bad_Badness likes this.
  10. jinxu

    jinxu

    LOL. My friend you actually went and look at my posting history to find some obscure quote I might have said? I don't know anything about you because I don't care. You apparently care way too much.
     
    #80     Aug 16, 2020