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  1. O

    Retirement for Traders

    What do you do for a living son? You seem to have plenty of time on your hands to pimp people, and in general make a bunch of mindless posts throughout the day. Why don't you try to do something productive with your life other than entertain the other idiots that find you amusing? Why...
  2. O

    Retirement for Traders

    My view would be that if you're worried about a retirement plan, you probably should go get a job...you're probably not cut out to be a trader. You know, to be a successful trader requires some level of comfort with risk. Risk takers are probably not the people who are going to be worrying...
  3. O

    Ever Tempted to Buy and Hold?

    Most of the people I've ever seen undertake a dollar cost averaging program quit when the price goes down. Dollar cost averaging is one of those ideas that seems to make sense on paper. What they can't explain to you though is that when the price goes down 50% it does it for a reason. The...
  4. O

    E Mini journal

    Novice: Looks like you got a good start with a couple of good trades. Congratulations. If I may ask, on the short why did you get out where you did? Was this on the way back up before it closed, or on the way down before it hit it's low? OldTrader
  5. O

    Do you feel bad? Should you?

    I'm not an expert on sugar either. Matter of fact, didn't even enjoy it. Tell you what...if you promise not to talk about bowling, I won't talk about sugar anymore. If you do happen to be truly interested in the sugar story...do a search. I've talked about it more than it deserved. OldTrader
  6. O

    Do you feel bad? Should you?

    Tell you what....right after you tell us about your bowling expertise and escapades, I might be persuaded on the sugar story again. OldTrader
  7. O

    Do you feel bad? Should you?

    If you would review my post, you'll find that I responded to STATEMENTS that you made, not questions. I quoted the statements that I was responding to. I disagree totally with those statements. That said, anyone interested in your statements or my response can read them. I have nothing to...
  8. O

    Do you feel bad? Should you?

    The fact that a guy makes a trade does not mean he is either greedy or indifferent toward his fellow man. A trade is a trade. Who is on the other side of the trade is impossible to know. It could be a commercial interest hedging a portfolio, it could be an institution trying to establish a...
  9. O

    what to do when you're screwed

    As long as I'm not his Dad, I'm OK with it!:D Did his dad go by "Darkhorse"???? OldTrader
  10. O

    what to do when you're screwed

    Hi Guys: 1969 was the year. I was buying...not selling. I kept buying around 3.20, and it would run down, stop me out. I lost all my money in a trading range. LOL. At the time there was a World Sugar Agreement, under which the producing countries had agreed not to let sugar rise over 3.5...
  11. O

    Do you feel bad? Should you?

    Nope...never do. Think of it this way. That market is going to trade regardless of whether YOU buy or sell. You can't control what someone else does. You're just NOT that powerful. If they choose to act irresponsibly by trading the rent money, how could you have possibly changed that...
  12. O

    Is intraday timing of tops and bottoms method known by anyone?

    Some of these times actually make some sense: 1) 10:00 AM EST. Usually there is economic news announced at this time...and may well set the trend for the morning session. Whether it's a "reversal" though, or simply a continuation of what has already started would of course depend on the...
  13. O

    Nov Shameless Self Promoting Guru Journal

    Candletrader: It may not surprise you that I don't particularly agree with your last point. LOL. But more importantly, I DO agree that the bickering has gone farther than necessary and really contributes nothing. My guess is that most of the points worth making have been made at this...
  14. O

    Nov Shameless Self Promoting Guru Journal

    Well DB I do know that brandonf is a purveyor of market information and trading chatroom. Now how YOU made the leap from that to "market wizard" is beyond me, and really where my question was. You've been asked several times now by various people what you meant by "market wizard", and you have...
  15. O

    Nov Shameless Self Promoting Guru Journal

    Intelligent observation. OldTrader
  16. O

    Nov Shameless Self Promoting Guru Journal

    Can't you read? I'm here adding my opinion, answering questions, and getting my balls busted by you. By the way, did you miss my question? Who is this brandonf that you claim is a market wizard? As you were.... OldTrader
  17. O

    Should a novice play the ES or NQ?

    :D LOL! Thanks alot! I like him better when he's riding you! As you were:D OldTrader
  18. O

    Nov Shameless Self Promoting Guru Journal

    Magna: You're exactly right....$100K per year for most people is quite livable in most areas of the country. But without wish to be argumentative, how many people do you really believe are making 3 points per day? I've read various journals here since I registered with the site, and at...
  19. O

    Nov Shameless Self Promoting Guru Journal

    Monee: First, a quick comment on limit orders. Yes, I always use limit orders...but I don't mean to imply that I put an order in away from the market, then walk away from the screen. Let's say the trend is up. I like to buy reactions against that trend. So the ES is moving down, and the...
  20. O

    Nov Shameless Self Promoting Guru Journal

    Just re-read my comments....I think I explained in full WHY I had a problem with setting a stop that tight. I don't think I "condemned" it though...kind of a strong word isn't it? As far as a prop firm goes, never walked into one. But I would imagine that they would support what you're...
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