What kind of approach can make you INSANELY rich?

Discussion in 'Trading' started by trade5656, Feb 9, 2017.

  1. I did well to ask. Because I assumed he died because it was part of the Kennedy's "curse", but I was not sure if JFK jr was also part of it.
     
    #181     Feb 16, 2017
  2. ironchef

    ironchef

    rajesheck, I know you are trying to inspire us but I am not so sure that is true in mine case.

    The fact that I was born is luck. The fact that I am in the US instead of some poor third world country is luck. The fact that I don't need a day job anymore is luck. My trading success is luck - rather than my trading skill it is because we are in the middle of one of the strongest, raging bull markets in history. When the bull market ends I will be unlucky.:(

    Come to think of it, I better take some money off the table just in case my luck runs out sooner rather than later. :finger:

    Regards,
     
    #182     Feb 16, 2017
  3. Many alternative medicines claim that most of the health conditions, if not all, including cancer, are caused by mind.

    As of now conventional medicine has identified a bunch of conditions as psychosomatic disorders which are caused by mind.

    Science is maturing day by day. Let us wait and watch. :)

    What science has conquered ?

    There is infinite scope in science to explore and uncover.

    What science has and will unleash is always a finite set.

    At any given point in the past and in any imaginable far future, science would have conquered 0% (= Finite / Infinite * 100 %) of truth.

    Mathematically speaking science knows nothing.

    This very true human life purpose point of view. Science is directionless. It is a total chaos when comes to direction.

    Ancient wisdom, on the other hand has direction, peace. :)
     
    Last edited: Feb 17, 2017
    #183     Feb 17, 2017
  4. Ironchef

    Regarding day trading, if you are good in bullish market then it means that you are good in bearish market as well, all that you need is volatility not any particular direction, right? :)

    Regards
     
    Last edited: Feb 17, 2017
    #184     Feb 17, 2017
  5. ironchef

    ironchef

    No, in a bullish market, a large number of random trades will result in profits because of the upward bias. Not so in a bearish market.
     
    #185     Feb 17, 2017
  6. speedo

    speedo

    I find it easier to make money in bear environments...cleaner and faster patterns. Bull markets will produce more long signals and bear markets will produce more short signals. There shouldn't be any bias in the trader.
     
    #186     Feb 17, 2017
  7. ironchef

    ironchef

    I don't short the market or short the underlying that is why my statement. The reason is I don't know when the bear market starts or stops but in general over a long time the trend is up.
     
    #188     Feb 17, 2017
  8. speedo

    speedo

    A professional trader should be as comfortable going short as going long. An investor can have a different mindset.
     
    #189     Feb 17, 2017
  9. Please post both your bearish and bullish charts in the poll thread. We will try to understand where the difficulty is. :)
     
    #190     Feb 17, 2017