Successful Trading - Advice and Guidance

Discussion in 'Professional Trading' started by downrivertrader, Aug 16, 2006.

  1. Boib

    Boib

    When I did that I eventually learned that if you spent your time partying and not going to class you wasted your tuition. But I did learn something.:D
     
    #31     Aug 18, 2006
  2. lxor

    lxor

    It gets worse. You can go to college and learn the wrong things. It can take years to unlearn erroneous opinions/beliefs.
    Fuck the tuition.
     
    #32     Aug 18, 2006
  3. Important stuff, much more so than many realize. I like the tape idea. Thanks 40yo

    Ursa..
     
    #33     Aug 18, 2006
  4. I thought I had finally found something that Cheese said that I disagreed with.

    Surely a trader must have some losers, and there is drawdown, right?

    Between Cheese, Steve46 and MyMini these guys have made me think and ponder about good trading a lot more than I thought I would ... partially becasue while they say they won't tell you explicitly what they do (actually Steve46 has), they keep leaving footprints every time they post on a discussion board.

    The biggest step I ever had to take was realzing that while I might be right in terms of what I was thinking, they not only were not wrong, but they had gone beyond the basic (and intermediate - i.e., my level) levels of thinking about trading to a point where taking anything other than small losses, much less consecutive losses of any size, was very difficult if not impossble using their styles of trading.

    Thanks guys. :) :cool:

    Best Regards,

    Jimmy Jam
     
    #34     Aug 18, 2006
  5. Huh? What are you talking about?
     
    #35     Aug 18, 2006
  6. Small is a relative term. What´s a small loss for a pit trader in the CME, you know the guys trading on 200 contract lots at the SP pit... might be consider huge by anyone of us...


    just remember that it´s all in your head.
     
    #36     Aug 18, 2006
  7. use the search engine.

    review the writings of Steve46, Cheese and My Mini.

    come back here and let us know what you find out.
     
    #37     Aug 18, 2006
  8. no, it's not.

    it's all in the numbers.

    as calculated on a point basis, small losses, are small.
     
    #38     Aug 18, 2006
  9. Okay, lets try again without a condescending reply.

    I've been here a while and have read most of what you are referring to. I am asking YOU a question about that statement YOU made (which was an oxymoron BTW).

    How about you reply with something of substance this time?

    Mike
     
    #39     Aug 19, 2006
  10. OK

     
    #40     Aug 19, 2006