You guys crack me up!!!!!!!!!!!!!!!! I didn't know I had so many fans!!!!!!!!!!! Why should I ? Well just to follow up on my trading today, I was down again, -$200, after commission and bullets, I was up gross $500, can you imagine that? I traded 22000 today, don't know why. I guess I just saw a lot of things that weren't there. My biggest mistake was having an opinion about the market, I thought the market was going to be choppy and I have to book my profit but I was wrong, which is OK but when I didn't adjust to the other side when I was wrong then I am not going to make any money. Some of us guys went out and talked about our trading today, took some edge off as we all struggled this week. No excuse, since I want to be number 1 in the firm, I have to expect better results for myself. Today was easy and hard, I had a great opening and I let the EOG loss ruin my day, still have to learn how to detach my emotions from trading. Tomorrow will be the last day of the month, I am down over $700 this week, hope I can get in the black by tomorrow, worst case scenario, I want to be down no more that 200 for the week. Mr. V was down again today( -$400 ) as he blew $400 on HRB, stupid but he did it cause making $200 doesn't cut it anymore. I second that, but still this is a marathon not a sprint. Incidentally, he is contemplating quitting by the end of the year if things don't improve, or jump ship somewhere else. Who knows, maybe I'll do the same. But I will not give up, this is just the beginning, and I just got upgraded to 500 shares, I will make bigger money soon. Mr.K down $200 for the day too. Mr.C down another 3K today, yeowch !!!!!!!!!!!!! So we are in bad shape here. Just hope I have a magic wand, to take the chop out of the market!!!!!!!!!!!!! Tomorrow is Friday, my biggest day on Friday was $1100, A REPEAT I AM SURE, I AM SURE, I AM POSITIVE, I AM CONVINCED, I HAVE FAITH, I AM ABSOLUTELY, POSITIVELY, HUNDRED PERCENT KNOW THAT I WILL MAKE MONEY TOMORROW!!!!!!!!!!!!!!! Mr. V 1 -2 Mr.k 1 - 3 STOCKK 1 -3 HITMAN 2 - 2 p/s Well I want to put in as detail as possible all my trades, but sometimes I just feel like BLAAAH, and it is hard to make myself do it. But don't worry, I will make it happen, just for you guys
STOCKKBROKER, i can appreciate how you feel about being down.. trust me, i know what its like.. but the market does not know that you are down for the week.. and the market doesnt care about your p&l.. will the market offer you 500 dollars tomorrow? maybe, maybe not.. but if you convince yourself that its there before the game even begins, then you may find yourself trading based on what you want the market to do rather than what its actually doing.. i cant tell you how many times ive started a day trying to regain a loss only to have my head handed to me.. in my opinion its best to approach each day as a seperate day.. one day has no bearing on the next.. remove all thought from the day before.. can yesterdays rain fall on todays earth? or can tomorrows sunshine cast its warmth to the present? of course not.. then let the loss of yesterday stay buried in yesterday, and greet the new day with no anger, no regret, no bitterness, no revenge.. just the curiosity of a child at play.. just some thoughts.. -qwik p.s. - great journal btw =)
STOCKBROKER, You've had a lot of down days man...better get with the program. Don't make it happen for us, do it $ U man! Myself??? Well>>>I've had 51 straight wins so far. Looking forward to 52 tomorrow. Every day is like XMAS... No brag just fact! Remember this....GREEDISGOOD! HEHE!
>Every day is like XMAS... No brag just fact! OK, it took a little time but you can only hide for so long before that old style starts showing itself. How many names must one put on ignore just to avoid one person? JB
FIREHAWK, I've had 51 straight wins so far...Every day is like XMAS...No brag just fact! Whew, I'd hate to see what it looks like when you're bragging.:eek: I dunno, I'm gonna take a wild stab and guess that most of the wins were in NVDA. How did I know?! Turok, How many names must one put on ignore just to avoid one person? There may be more, but I know of 8 since July. You have to truly wonder about someone who feels the need to change his name every 3 weeks or so. Is he trying to hide from us, or himself? Disturbing.
Tomorrow is Friday, my biggest day on Friday was $1100, A REPEAT I AM SURE, I AM SURE, I AM POSITIVE, I AM CONVINCED, I HAVE FAITH, I AM ABSOLUTELY, POSITIVELY, HUNDRED PERCENT KNOW THAT I WILL MAKE MONEY TOMORROW!!!!!!!!!!!!!!! For you non believers, you will see quick --- will the market offer you 500 dollars tomorrow? The market will not offer me anything, I have to make it, take it, rob it if you will have it from some green traders. I know you are out there ..... AND THOSE OF YOU WHO TOOK MY MONEY THIS WEEK ...... LISTEN UP ...... I WANT IT ALL BACK !!!!!!!!!!!!! YA HEAR .......... YA HEAR ....................... --- greet the new day with no anger, no regret, no bitterness, no revenge.. just the curiosity of a child at play.. Well, I like what you say, but if you get hammered everyday, you can't help but to feel a little frustrated. And I know being frustrated is good, because I know I am close to a breakthrough !!!!!! My brain is searching for an answer, and I will do absolutely anything in my power to finish this week strong, this is the 2 minute warning and I am down 7 points, this is when great players shine, this is my moment, this is my time, I love this..................... BRING IT ON , BRING IT ON. Firehawk, One question. Why would I care if you are up or down???? Were you the one who took my money this week On the subject of being competitive Yesterday, it was a little disturbing to find that there are a few people at this firm that are ultra competitive, to the point of being so cut throat, it is disgusting. THEY WILL NOT SHARE ANYTHING WITH YOU. Not that I am asking for a handout or anything, but if you people think that there is ONE !@#$%^ SECRET out there and you figured it out and don't tell anyone because you are so !@#$%^ afraid that someone else is going to learn it and you lose your edge, !@#$ you, don't any of you !@#$%^& come to me for an help. I will not share a thing with these LOWLIFES. There I said it, I have to get it out on the open so that it doesn't eat me up inside. I will prove all you !@#$%^& wrong, and that no man is an island.
I know the sort of people you are talking about... bear in mind that they are being competitive because there are significant financial advantages (not to mention basic kudos) to being a ranked trader at a proprietary trading firm... I am happy to share my "secrets" (applicable to all time frames), which we ALL know anyways: 1) trade with the trend of the stock, and understand support and resistance 2) trade with the trend of the general market 3) adhere to your stop losses 4) try to remain emotionally detached The above applies to tape reading and/or technical trading and/or daytrading and/or swingtrading ... in my opinion, these are universal trading "secrets".
Significant Quotes to Remember: "I find that the harder I work, the more luck I seem to have." - Thomas Jefferson "The toughest thing about being a success is that you've got to keep on being a success." - Irving Berlin The secret of success is to know something nobody else knows." - Aristotle Onassis "A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty." - Sir Winston Churchill "You gain strength, experience, and confidence by every experience where you really stop to look fear in the face... You must do the thing you cannot do." - Eleanor Roosevelt "Obstacles are those frightful things you see when you take your eyes off your goal." - Henry Ford "What counts is not necessarily the size of the dog in the fight- it's the size of the fight in the dog." - Dwight D. Eisenhower " The two hardest concepts too deal with in life Are success and failure." -Anonymous " This is not a dress rehearsal. This is it." -Tom Cunningham " Winners don't do different things. Winners do things differently." âThe difference between the impossible and possible lies in a man's determination." - Tommy Lasorda " Only those who dare to fail greatly can ever achieve greatly. " -Robert F. Kennedy The grass is greener where you water it If thou art a man, admire those who attempt to do great things, even if they fail. " It does not matter how many times you get knocked down, But how many times you get up, Vince Lombardi "A winner never quits and a quitter never wins Action stems from having dreams that are bigger than your fears
LOL Stockbroker Was printing these quotes from another source when I came across your post. Hope they help both of us today. PS Don't even bother responding to FIREHAWK aka TraderX etc..It just encourages him.