Recent content by chopper77

Yeah, I'm pretty sure it is true, his whole blog for the last 6 months has pretty much been about him dying. I put this in the Journals section because that's where he made all his posts! That shit was epic!

Hey, Dunno if anyone kept up with tampa after he left ET, but apparently he passed away a few days ago. http://www.bloglassiter.com Funny guy, it's a shame. [Edit by Magna:] FOR A SHORT WHILE THIS WILL SIT IN THE JOURNALS FORUM SO THAT THE MANY PEOPLE WHO READ TAMPA'S JOURNALS...

This is clear, obvious, thick-as-hell sarcasm. Main Entry: sar·casm Pronunciation: 'sär-"ka-z&m Function: noun 1 : a sharp and often satirical or ironic utterance designed to cut or give pain 2 a : a mode of satirical wit depending for its effect on bitter, caustic, and often ironic...

I'm a liar? What did I lie about? I raised some pretty good points I think, and you didn't respond to any of them... Now you finally post 2 losses? When were these? What happened? Did I break your 90 day winning streak?

But what has he given? Any strategy discussion? Nothing. Just p/l screenshots, none of which were losses until just now. Who gets anything out of that? He finally posted a loss, maybe now he'll actually post some execution reports.

Wow, you are probably the best trader of all time. You haven't lost money once in over 3 months! Astounding! Amazing! How do you do it? Seriously. And I also love the fact that all you do is post P+L, but no actual predictions or execution reports or anything like that, just one screen...

Sure, it's POSSIBLE, but its likelihood of happening is about 0. If it did occur it would be due to luck. A lot of luck. You could win the lottery also. Same shot. Nope, that would be trading. It's still pretty much impossible. Think of it like this- you have a setup that works 75% of...

Don't you understand that 50 straight winning days is pretty much impossible? The reason you are losing money isn't because you are "taking trades that aren't there."

No. You said "Thus, I thought I'll get out around when my bagholding position is around -$700 so that my account is even." Why on earth would the size of your account have any relevance as to where you get out? What would ever make you think that? I think it would have relevance as...

Well, sorta, but not necessarily always. I think you're still missing why your reasoning is flawed there, but that's kinda the point.

This is not a good reason to exit a trade. Do you see why?

Yeah, I kind of agree with you there. I liked the Ripley threads of the past much better when he'd put up charts of his trading day. "I took a $5k advance on my credit card, time to take care of the YM! Here I held on to a losing position way past where my stop was and I kept averaging down."...

I think that's the name of a city in Mexico or something where that picture was taken.

That's because you just aren't man enough to meet the margin call head-on. Leave the trading to the men, I suggest you take up either tiddlywinks or hopscotch. Both honorable pastimes. I've attached a picture of an old friend that also used to meet margin calls head-on. Hardcore!