Stop Using Stop Losses

Discussion in 'Trading' started by oldtime, Jul 1, 2012.

  1. Is it wrong for GM to put Toyota out of business with what was a handout from the government?

    God forbid the little guy takes his own handout and takes money away from Maverick.
     
    #61     Jul 2, 2012
  2. There are plenty of other non evil people in the industry making a living off traders. What is so glamorous about how business is done in any other walk of life? Same grit my man, same grit.
     
    #62     Jul 2, 2012
  3. Indeed, we are all fighting to survive with the tools we have at a given moment. Even the guy on welfare. Yes, some are sociopathic jerk, but most are searching in every way they can to make their life better. So, who is Maverick to judge? Who are any of you to judge? We don't even know if the guy is on welfare. He has only exclamed rhetorically that he has no income. Yet there is Maverick on his high horse chastising this guy for using welfare money to finance his trading.

    This is crazy behavior.
     
    #63     Jul 2, 2012
  4. Maverick74

    Maverick74

    He said he was ON food stamps. I don't care if people trade, this is not about trading. I've said this now 10 times. I have a problem with my tax dollars paying for his losses, that's it.
     
    #64     Jul 2, 2012
  5. Maverick74

    Maverick74

    I figured you would come out for the deadbeat on food stamps using tax payer money to blow out out his FX trading account. This is debate is NOT about whether trading is honorable. Who even brought that shit up?
     
    #65     Jul 2, 2012
  6. And the country's debt has doubled why? Come on man, make the connection between this and trading! You're smarter than this!
     
    #66     Jul 2, 2012
  7. Oh, and let's connect together the whole idea of Stop losses , the original topic, with the every growing debt. We are in this position because we AREN'T cutting our losses!!
     
    #67     Jul 2, 2012
  8. Maverick74

    Maverick74

    You are not listening to me. I have a problem with any human being, any, that don't take personal responsibility for their life. Anyone. Do you understand? Why is this so fucking hard to get into your skull? I don't care how much blow this guy goes. I don't care if he fucks his sister. I just want him to take ownership of his life. That's it. I don't care if he trades or works the fast food counter at McDonald's.
     
    #68     Jul 2, 2012
  9. Gentlemen can we take this debate to a new thread devoted to the subject? We got 2 pages plus now on the topic when the thread is supoosed to be about stops.
     
    #69     Jul 2, 2012
  10. no, the thread was supposed to be about the point of no return

    not sure if it will be DX
    or GC
    or CL
    or ZN
    or ES

    but I got my first warning that the big move is coming
    namely in an email from barcharts advocating trading without stops

    my guess is everything will chop until the election

    but I've been warned

    the point of no return is a price never to be seen again for a long time
     
    #70     Jul 2, 2012