Recent content by SimpleSimon

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    Why Do Most Traders Lose MOney?

    Excellent , Excellent point. I have a quote in my trading journal which i put in a ways back that says "losing trades are always filled". I did this because I used to have a problem of playing market maker when a good trade came along and usually missing out. Now if I like something,I hit...
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    Livermore 1940 First Edition

    Good point. Didn't Van Gogh cut his ear of or something. Yet his works are considered masterpieces.
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    FEAR

    I always loved that scene from TRADING PLACES where Dan Ackroyd tells Eddie Murphy "In this building it's kill or be killed, fear , that's the other guys problem, are you with me!
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    Supplemental Income

    You're on the right track. When I first started out some very well meaning people advised I supplement the trading activity and I didn't listen to them. Without going into details, I should have. Trading takes a great deal amount of time to learn for most and you give yourself the best chance...
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    Does the midday lull still exist?

    I was wondering what some others thoughts were on this. As markets become more and more electronically and globally traded, does the standard midday lunch hour still apply? I take a break and eat when I'm hungry not necessarily at 12:00 eastern as I'm sure others do. Volume still shows heavier...
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    Thinking or Being?

    Confuscious say: He who has time to make fun of other peoples methods have very small account!
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    Thinking or Being?

    Maybe you should change your signature to FULOFIT! You could start a whole new thread category. We could call it the Masterbater, oops I meant Master Trader.
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    Whether you think......

    A bumper sticker I saw one day: Be a go getter! Take your wife to work and go getta!:p
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    Thinking or Being?

    Anybody who has surfed through ET lately may have noticed that I have made several posts regarding the positive mental aspect of the game. Lately I have come to realize that some may misunderstand exactly what a positive mental outlook is. So I thought I might bring some clarity to the...
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    Your trading mentor

    The problem with mentors is that they will try to teach you THEIR method and it might not be right for YOU. Then if you fail, the conclusion could be drawn that you just didn't have it, which may not be true. My advice would be to figure out what sytle of trading you have the most aptitude for...
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    If you could have any job, what would it be?

    Trading of course! If I knew of something else I'd rather do, I quit and start pursuing it.
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    Whether you think......

    "Whether you think you can, or you think you can't, you're right!" Henry Ford
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