Traders make money, but here is how some traders make serious money

Discussion in 'Trading' started by FutTrd, Nov 6, 2006.

  1. I think this forums traders make mony is good think .since I can lern What traders make money? I have this your site.
    Thanks.

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    Sandhaya,

    Did you see it? One more time? You won't get faked out here! http://www.SelectWealthSystem.com/?t=wc
     
    #91     Apr 15, 2008
  2. What's interesting is that the OP, who makes large futures bets when he "knows" what will happen, hasn't posted since 2006.

    Did he just get bored with his old ID and get a new one (like me - I've been on ET since about 2000)...

    Or did he suffer blowout #3?

    I guess he could have just quit posting, but who can ever give up ET? :D
     
    #92     Apr 15, 2008
  3. Daal

    Daal

    risking blowing up is virtually never a good idea, even if you are 95% sure you are right. on the 5% of the time your wrong you have way more than just a monetary loss, if you have no savings you might lose your health care, house, starve, feel like a failure, be back on employment with an abusive boss. all of that doesnt enter your risk/reward equation when you are all excited about your gains but it should. the r/r might look great in terms of dollars but it would be awful in terms of standard of living
     
    #93     Apr 15, 2008