Search results

So you shorting Hershey stocks isn't the same as you were doing earlier in the journal?

Has anyone been taking shorts on this? There was an IIG one a few days ago that would have worked great as well. Does shorting of these work consistently?

I'd like to again give my compliments to Spyder for doing such a great job with this journal. I still don't think that Jack was straight up with everything- the guy has a tiny house and when he tried to run a chat room on PalTalk he got smoked by the market. This does not matter though, not...

Hahaha did I say retarded? I typed that out but then thought I deleted it. I like your idea because it's something that you've thought about, you understand the idea, and now you are going to go test it. If it doesn't test out, I think you are smart for not trading it. I think that...

It caused losses the one time he did it, but that doesn't mean what he did was wrong. Similarly, if he made money doing it it doesn't mean he was right. If the stoch is at 74.9 I think buying is just fine. Indicators are tools to be used. When you trade a system and have an edge you have...

Does it really matter? I think there is some room for discretion in systems like these- what matters most is the concept. If the stoch is 73 or 74.5 or 74.9, but everything else is in place, I don't think that should be a deal-breaker. It's close enough, we have the volume and the price...

Could it be any clearer that you are a shill? I think it's pretty clear to everyone now.

Well of course you need a system that works. The thing is though I could give a system that works to a newbie and he'd still lose money with it because he's new to the game and the emotions involved are many. Starting with $500 and something simple and workable I think could really reduce the...

This is interesting and it's cool. Is he daytrading? I was thinking a guy could take a little more high-frequency setup, maybe 3 or 4 trades a day. The fun thing about trading is if you can do it from $500 to $5000 you can do it from $5000 to $25000 to $125000 ... etc you get the idea...

I'd recommend your first deposit be to PokerStars, they have the ultra low-limit games there that you can cut your teeth on and learn the game. Then, when you are ready, deposit $90 at Interpoker and they'll give you a $90 bonus to say thanks, play a little, cash out and go to Paradise, deposit...

I think that's a little loose. I think 500-700 BBs is more reasonable. This is true (although Paradise is pretty soft too.) I wouldn't recommend making the switch to Party until you have $500 though, that way you can max out their signup bonus. I sorta agree/sorta disagree with this...

Check your PM!

Back to the thread though! Does anyone know anyone that built their trading bankroll this way? Is this good advice to give a newbie?

Agreed. It's one of those things that sounds like a fun job to have, but is pretty unfulfilling after awhile. The money can be fantastic though, but who knows what happens when the poker boom ends..

Is this viable these days? A lot of guys I know are just getting started playing cards because it's the newest fad or whatever, and because of all the action online you can get started and play for very cheap. Starting at with $90 at $.50/1 limit hold'em I've seen students of mine get up to...

I actually would have got a long signal with SYNA yesterday (but I didn't take it as I don't trade this method.)

Curve fitting a system to make 24 trades profitable by setting a huge stop loss is really, really dumb.

I normally don't talk about it. I learned my lesson when I was a pro poker player/gambler. "What do you do?" "I play cards, mostly." Blank stares. Lot's of "Oh." Like I'm some sort of degenerate. Like I'm some broke-ass hobo with his last $5 at a craps table. They didn't get...

Are these really such earth-shaking insights? If it took you 15 years to figure out that you need to follow a plan and stay relaxed then I think you're probably in the wrong business.

Do we have a shill? I'd recommend you guys get a new web design, the current one is a bit cheap looking especially for a guy making 1000% / year. I mean, seriously, if you can really make 1000% a year I don't think you need to be selling a system, you should keep it to yourself. On...