Search results

You for certain can do better than that.

I find that I have a finite pool of discipline within myself. When I am dieting, I seem to lose some concentration while trading. When I am eating junk, I can focus all my mental energy on trading. Therefore, my diet consists of what I have access to in my refrigerator. I only need to have...

I stand by my earlier post. The NBA is fixed. At the point one accepts that premise, he will enjoy the game that much more because he will no longer take it personally when he is screwed by a ref's call.

Huh?!

When are you all going to learn that the NBA is FIXED?

I derive satisfaction from trading because of the very things you mentioned. Discipline is painful and it sucks having to have it, but I get great satisfaction knowing I have overcome one of my failings as a person; namely my own emotion. Emotion is a good thing generally, but not in this...

Sure Jesse. If it makes you feel good then I will vote for you. Humor the dellusional my pappy always told me.

Who is this Don Bright fellow you all speak so much of?

Pete Maravich

It would depend on the risk and reward of any trade and the probabilities associated with the risk reward outcomes. You shouldn't determine risk until you assess the probaility of the risk, the reward and the probability of the reward. At the same time, only risk what will not screw you...

Mercy and compassion is for pussies with no conviction in their beliefs. An eye for an eye -- what about that?

We should never announce we have him. We should just hold him in isolation, solitary for the rest of his life. No outside communication. Just a cell with a light on 24 hours a day. Three meals of basic food. No reading material. Nothing. Not even contact with his jailers. Let his...

I am very surprised that traders turned down an opportunity for free drinks. Regardless of whatever directive their office manager gave them. Didn't they learn anything in college? Never pass up free food or free drinks!

If you hate trading, don't. Quit. Be a pussy. Go get a real job. Stop complaining and get some focus.

Good point! Kaya good luck in whatever you endevour!

You make a good point that if the firm was not happy they would throw the trader out in a minute. Is taking an out of character risk trade the same as a constructive firing. It forces the firm to firm you to get out of your contract. Sounds to me like the appropriate decision here is to...

I want to reincarnated as one of my kids; they got it easy!

I realize that Swift owners or the firm in general was not working on a high moral plane. I was refering to the idea in general that a trader would screw the prop house in order to do whatever was best for the trader regardless of the firm and its character. In the case of Swift, if they...

Sometimes it is three weeks, sometimes less, and sometimes more when I need a break. When I break from the markets I make it a clean break -- no sneaking peaks at CNBC etc. I think about two times every three months I take a day or two off. I also take about 4 weeks full vacation a year...

Every business goes through cycles. Often, the fat margins available in the early stages of an industry are squeezed as either more players come in, technology creates efficiencies, or the customer can't afford to pay your price. Trading is a little of all three but more on the latter...