Heard the same from a quite a few of my friends when they started firing people before the summer.
They ran out of unemployment.
They haven't found a job.
Some have had to move back with their parents or in-laws.
Oh, this was the summer of 2008.
Roll the dice and tell me where my...
I think this is one of the keys of why <i>many</i> new traders make money at the beginning: they simply don't close trades until they show a profit. It may be a small profit, particularly in relation to the heat they took on the trade, but their line of reasoning goes like this: if without...
I'm offering consultations with the legendary Jesse Livermore via my cursed ouija board:
1. One-time fee of $5,000 gives you unlimited consultations (1 per day)
2. Only cotton prices
3. If by the fall you haven't multiplied your capital tenfold, your money back
Small print at...
Is there something weird with this HOD or is it just me?
Edit 19:57 WTF??? :confused:
Edit 20:02 No, seriously, WTF??? :confused: :confused: :confused:
Damn, should have re-entered in any of the many chances I had.
OK, when this happens - when I miss a move I was looking for - I totally lose my focus. Need to focus back on the market, not on the missed trade. It's still early in the session.