Trader P/L 2010

Discussion in 'Journals' started by Robert Weinstein, Jan 3, 2010.

  1. Blotto

    Blotto

    You, shut up immediately.

    This is a disgusting attitude.

    Do not ever condemn someone with the skill and passion to take this beyond a money making exercise and pursue excellence. I do not know NYSETrader and we have never corresponded. I do know two things: I have worked hard for many years to understand how the market operates, and the result is being able to choose trades with a very high probability of success. Second...I can recognise from where NYSETrader has posted trades (date and time of execution) in both the eminis and the energy futures that he understands the intent of the market, which is decided in advance of the price action unfolding, and he has unerringly placed trades in what I would consider the correct conditions based on how I understand the market to work.

    It is not my place to provide commentary on the trading decisions of others. However, for those few who have worked tirelessly for a dozen hours a day over several years to understand how all of this works...it is immediately obvious who has done this work and earned the right to success. You reveal yourself as a bitter person who cannot allow others the fruits of their own success due to envy and resentment. If you set these arbitrary limits on others you set them also for yourself and will never progress beyond mediocrity.

    That is fine - not everyone is fit for this profession and many would be scared out of their minds by what it is possible to achieve, and prefer to spend their lives abdicating responsiblity for their decisions and the ultimate consequences. If you choose to believe that the markets cannot be predicted, that consistent success is impossible, and that anyone who demonstrates such proficiency is a liar and a fraud ... you are free to choose your own beliefs.

    What is not acceptable is to impose this view on others and publicly slander those who have worked to achieve, hard work that you can not understand as you have been too cowardly to look inside yourself, decide your own objectives, and work tirelessly towards achieving your goals despite all odds.

    I am sorry to say that your attitude is extremely destructive. You ought to examine your posture, remove your ego, and try to improve yourself. You may benefit, as will others you interact with. A trader who has earned the right to the results NYSE posts does not need the backslaps, but is posting because it creates value for others. What do you create, and what entitles you to defame those who have worked harder and achieved more, not only in this field, but with their knowledge of self and conduct towards others?

    A disgusting attitude indeed. You ought to apologise immediately and concede that you had no basis for your accusation. I do not expect that your ego will let you do this, but I try as much as possible to give others the benefit of the doubt and the opportunity to correct their behaviour.
     
    #281     Feb 5, 2010
  2. Blotto

    Blotto

    And this is herd behaviour also. "Me too". That isn't the way to success, and is not the correct way to conduct yourself.

    Please see my post to osamberg above. I have worked many years in this profession, alone, self backed, with all the labour and risk and mental torment it entails while one is learning. I have some idea of the work involved, having been through the odyssey myself.

    It is extremely disrespectful to behave as you has towards someone who is generously sharing the results of their hard earned experience. If just one aspiring trader benefits from seeing what is truly possible then the exercise is worthwhile. You do not contribute anything by your conduct, which is the result of deep emotional issues you ought to work on, for your benefit and the benefit of those with whom you interact.

    That is all.
     
    #282     Feb 5, 2010
  3. Blotto

    Blotto

    You make a sterling effort, but you are trying to teach people manners. Your effort is commendable, but you are trying to make water run uphill.

    I am pleased that you realise what is possible and have adopted the correct posture, which is respectful of others and open minded. Essential prerequisites of success in everything we do, not just trading.
     
    #283     Feb 5, 2010
  4. NoDoji

    NoDoji

    Spot on! It's because of seeing posts here like NYSE and Red_Ink and watching jack move to the next level over the past year that I can easily endure "all the labour and risk and mental torment" while I'm learning, and come back in a positive mood and ready to rock after every frustrating day I have.

    That's the purpose of this particular thread, IMHO.
     
    #284     Feb 6, 2010
  5. Ok buddy you need to calm down and go get laid, coz your taking it a little too seriously. First of all I never said anything bad about NYSE , I even sent him a private message a while ago, saying nice work on his profits. All I said and meant was that his numbers consistently blow everyone else's here out of the water, which is jawdropping and very inspiring. there no was offense intended.

    have a nice day, sport.
     
    #285     Feb 6, 2010
  6. I look foward to seeing nysetrader123 numbers everyday. It gives me inspiration to grow to the point of doing 50k a day. If I had to guess he had a really good or bad two days. If they were good days he doesn't want to come on here and post +200k today because everyone will assume its bs. Or he had some crappy days and is embrassed to post big draws.
     
    #286     Feb 6, 2010
  7. i looked back at his post history and nyse was an average stock trader now in two years time a big time futs trader. hmmm i dont want to assume anything so gluck to all traders.
     
    #287     Feb 6, 2010
  8. Thats what I look forward to every day, seeing successfull traders post big numbers, it gives me more motivation and the belief that " it can be done"

    Hats of to NYSE, RED Inc, Jack.. anda ll the other big boys i missed out on !
     
    #288     Feb 6, 2010
  9. if u use an excel spreadsheet and put his old numbers in.
    considering consistency all the way thru and he ups his contracts and take into account that he is more disciplined and improved strategy. i dun see why its unachievable.

    :p
     
    #289     Feb 7, 2010
  10. +29,

    2 trades. was pushed out of a big winner.
     
    #290     Feb 8, 2010