Gotta call bullshit when i see it. So here goes. It doesn't take time in years to become an expert...it requires one to put in applied study and effort. There is a thread on ET, where traders can and do share there results. Trader P&L 2006. I have made quite a few posts on there, winning days and losing days. Take a look for yourself and decide whether or not I walk the walk. Few traders can say they made $1 million in trading profits, I am one of the few who can. I attack those offering bad advice, vendors, and those who can't walk the walk. In my opinion, you have no business offering advice to newby traders. If you don't like it....who cares! I didn't attack you, I made an observation in your post, pointed out two beleifs that I believe are in conflict with becoming a successful trader. Take the constructive criticism and quite acting like a baby. You do have a losers mentality, and you won't achieve the level of success you want to achieve until you deal with it. If i put up 15k to try and win a trading championship and I lose 15k is it really a big deal? Is that really alot of money to be risking? Perhaps for some, for me...NO! Reviewing the documents, I have found that they charge $20 commission per contract which is high....really high. If they aren't willing to rebate back the difference after the contest is over, I doubt if I will participate. As I've said, I made two observations in your post, and drew a conclusion. Hell in real world trading, that's more then enough evidence to take a trade. I don't attack people for having a different point of view...you and holy grail have no business offering advice on how to trade, and or manage positions/ or risk. Nor do you have a qualified opinion when it comes to evaluating my results. When you guys manage to string together a few years of profitable trading, then you'll have earned the right to advise, and my respect. Until then...worry about your own trading.
There you go again making more assumptions. I can't walk the walk? And you know this based on all of your psycho-analyzing abilities? As far as I'm concerned when you have to continually tell people how good you are there is a great likelyhood you are just trying to convince yourself of it more than anything else. I wish you every success.
Again the arrogance. Everyone is a loser if they don't trade like you. I can't believe you cannot see your own arrogance. I guess if we look for a definition of "successful trader" it will say "a person who does not have a losers mentality as defined by mschey". I checked, but so far I didn't see your name in the definition. Let me know when it appears, OK? Nighty Night. Don't let the ego bugs bite.
You are more than welcome to join us the Trader P&L 2006 thread....a chance for you to earn respect, and show the trading community that you've got what it takes. Even if you are a marginally profitable trader, it's still inspiring to some of the newby's out there
Good night to you...go and compare cocks with your buddy...londontrader...be careful those brits tend to have bad teeth and I wouldn't want him to scrape your nub!
Hmmm, now why would your respect or anyone's for that matter be important to me? I'm not into ego building, and I am not a day trader. I'm a successful position trader who came to this board to learn about various aspects of day trading. I am in the process of selling my business and I will need something to occupy my time. I love trading and would do it whether I was profitable or not because it challenges me. I have enough money where I can just put my money in bonds and live very comfortably for the rest of my life, but then I would have nothing to challenge me. Trading keeps your mind sharp.
ET is a forum whereby people give opinions on trading (or had you missed that?). I didn't realise the self appointed God of Trading, MSchey, had to approve people before they could post an opinion on trading? Whether my opinion is good or bad is not for me to judge, but for the readers to make their own conclusions. You don't have a qualified opinion to have an opinion on my trading abilities. You make assumption based on your own belief system with no evidence at all from the real world. I disagree with you. Everyone deserves respect unless they prove otherwise. Politeness doesn't cost anything.
My pleasure E.S. What I am learning on this thread will hopefully sink in at some point. You are all so far ahead of me! Your comments are appreciated as well as all the others' comments..... except the penis parts.
So, like so many, you want to receive...but not give anything in return. Kind of expected that from you. Please...you trade to make money....if you trade and don't make money but continue to do it and continue to lose...then you have a very serious problem. With all of that money, I'd be happy to facilitate your gambling addiction, could I be your bookie?
Respect is earned! I ask again, do you feel bad about giving advice on how to do something you can't do yourself? I know...I know...asked and answered. You think it's the obligation of the original thread starter to figure out that you and holy grail are full of crap. Good thing I was here to point that out!