Someone please define for me what a system is. A 5 point stop loss, is a system. Am I the only one thinking today. Where did all these idiots come from... it really is pissing me off now. Of course there are systems that are profitable. But unless that system is automated, it is descretionary trading. If you decide to trade a moving average, that is a system not based on descretion, but automation, the only difference is, you are the one hitting the button. You know what, I'm not even going to argue this BS, because it seems like people that wanted to piss someone off about trading should have happened 20 pages ago when porgie started the BS. So, go ahead.....
So you're not going to take a great set up if you are down -$100. You cannot go in with scared money. You always got to be open to an opportunity that the market presents itself. Onward, and forward. Take every trade and do not put a restriction on youself.
LOL, I've been posting/lurking in message boards for years. Just like in "Real Life" there are annoying people, nice helpful people, popular people and unpopular people. I hardly notice anything that isn't useful to me any more. Everything else doesn't make it past my filters. You have too much life ahead of you to spend it churning your guts over inevitable annoyances.
I am taking 1 contract short from 418. I don't do this often, but hopefully I could bag +100 pts in the afterhours/pre-market
Scared money... it isn't scared money. This is a part of a "SYSTEM" I guess you could say. The thing you just argued.... do you have a damn clue what you are talking about. Why are you on this thread, specifically to piss me off? Are you related to porgie? jesus, the haters just love to come all at once.
Screw it, you know what, I'm going to start my own thread when i start trading aimed for people that are new to trading, and keep all these people that love to hate out of it. I'm sick of idiots who love to make it sound like you don't know anything. I guess I'm just another one of those newbies. Screw you. This is the same kind of stuff people get for trying to help others, but people that are already good somehow feel "threatened". It isn't everyone, but Porgie is a classic example. Ripley, I don't know what your problem is but you are just out of your mind.
haha... what a joke? Have you heard about "constructive criticism"? or maybe you don't learn that in middle school?
Oh yeah, traders don't rely on Hope... I guess that is a sign of a bad trader? .... really, I guess I'm already better than you because I don't rely on hope. Ripley... you should just leave me alone, i'm helping others, I don't need your criticism. There wasn't anything constructive about your bragging about your system. Same damn thing porgie did.
Oh yeah, if you want to provide your amazing criticism... why don't you carry it over to a PM. Insults get you nowhere in life...
JMowery1987, If you get wound up that easily, perhaps you should forget about trading. I was just replying to your post, not having a dig. You might have a reason to be mad with porgie but why lose it with everyone else?