the most important trading rule of all time

Discussion in 'Trading' started by megadon, Jul 30, 2006.

  1. megadon

    megadon

    to ak15 .....yes
     
    #11     Jul 31, 2006

  2. lol
     
    #12     Jul 31, 2006
  3. hans37

    hans37

    You have to be a least willing to absorb the spread otherwise you're just tilting at windmills.
     
    #13     Jul 31, 2006
  4. Buy1Sell2

    Buy1Sell2


    This sounds to me like you would be getting constantly stopped out, which would be ok if you aren't paying commission. By the way, Warren Buffett doesn't use close stop orders like that (perhaps doesn't use stops at all).
     
    #14     Jul 31, 2006
  5. ddunbar

    ddunbar Guest

    Most important rule of all time... (drum roll)

    Don't drink or get high before or while trading.
     
    #15     Jul 31, 2006
  6. Nonsense.

    Performance enhancing drugs are perfectly legal for trading.
    You can increase your long term productivity at least 10-20%...
    By developing a drug regimen that's right for you.

    Remember...
    Success in business means working VERY long hours...
    Often on mind-numbingly boring administrative or software development tasks.

    If you want glamour... try cross-dressing.
     
    #16     Jul 31, 2006
  7. ddunbar

    ddunbar Guest

    Hello? Betty Ford Clinic? Yeah, I was wondering of you could send me out a pamphlet on how to perform an intervention? See, I have this friend who's a fellow trader and uh...

    :-/
     
    #17     Jul 31, 2006
  8. Have you ever known any street drug addicts? Friends that died?

    A person in need of intervention...
    Likely has worked in years and has not taken a bath in weeks.

    On the other hand...
    Professionals such are US pilots perform at the highest level...
    Often with the help of the stimulants/depressants.

    http://www.globalsecurity.org/org/news/2003/030103-speed01.htm

    Trading is not unlike playing a repetitive video game...
    And flying a modern jet is much like playing a repetitive video game.
     
    #18     Jul 31, 2006