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  1. 2

    Where is this Market going?

    Well, if you believe we're still in a long-term Bull market, then you probably think the market is going to bounce like it (S&P) did in February and October of 2002, March of 2003, October 2004, and April and October 2005. hmmm... If you're a TA Bull, then you've probably come to the...
  2. 2

    What do you have around your desk?

    Fine with me, as long as bigmrfrank brings his dancer entourage and DrawDown leaves his wife at home... Is it just me, or is DrawDown's wife discharging some kind of orange goo? ...Yuck!
  3. 2

    Where is this Market going?

    Where has it been? Where is it now? Where are my car keys?
  4. 2

    What do you have around your desk?

    That's a beautiful naked lady? What prison have you been in? It just looks like a crack whore to me...
  5. 2

    What do you have around your desk?

    It looks like an 8' x 10', so probably one of the white collar minimum security facilities... That's great and all, but if I were going to bang something in an office, I think I'd rather bang something in bigmrfrank's office. You, Me, Equalizer, and JMowery1987 could start a Styx cover band...
  6. 2

    What do you have around your desk?

    Why is it I always seem to be the one who kills threads? One long post and nobody posts another word... I mean, it's not like I'm licking electric fences and pissing on amphibians or anything... :D
  7. 2

    Disillusioned

    There is truth to your statements, yet I would not say they are correct, at least not in my opinion of what is anyway. Risk Management/Money Management are necessary parts of successful trading methods, but not because they amplify the methods result, but because Risk/Money Management ARE the...
  8. 2

    Disillusioned

    I think that was just a rant. :confused: A good story, but probably for the wrong thread. Sorry.
  9. 2

    Disillusioned

    KISS - Keep It Simple Stupid is not my favorite quote, but it does apply in many aspects of trading... Okay, here's a story that starts out like a joke, but its not: Four Traders walk into a Las Vegas bar. None of them knew each other before the LVN Traders Expo. Trader A was in his 40's...
  10. 2

    Favorite movie qoutes that apply to trading

    ROTFLMAO! (I never knew what that meant until I asked...) It's from Grease. Danny and Sandy are in the diner, just before Frankie Avalon sings.
  11. 2

    Disillusioned

    Pretty good posts indeed. I agree there is no Holy Grail, or at least it's not a Trading System with specific rules that any TooL could follow. Good Money Management should be common sense for traders, but far too often it isn't. So, I just wanted to point out a few things my earlier post didn't...
  12. 2

    The adventures of a new Trader

    It just seems to me like you're all over the place. Maybe that is just inherent in beginners. I was trading like that too, when I started out. One day you want to trade based on this, the next day based on that. Been there, done that, sold the T-shirts from the back of a van. If it is a phase, I...
  13. 2

    Disillusioned

    This is a reality check. Log it into your checkbook, and find some satisfaction in knowing that you have been paying your dues. Not sure how long you've been at this, but guess what, you have not failed. Payed, have you, all of your commissions? And still, after all of this time, have a...
  14. 2

    What do you have around your desk?

    It's an "L"-shaped desk with three computers - one 4GB XP (two monitors), one 512MB XP, one 512MB XP notebook. A 13" television mounted above the monitors. Four speakers. A scanner, copier, printer machine. Post-it notes posted all over the office. Several pens, highlighters, legal pads...
  15. 2

    I've Turned It Around

    Exactly my point. Whether there is any rally or not, hedgeking is not fully prepared to react to market fluctuations as are professional traders. The logistic-based probability processing functions of his mind are not like anything we understand. He is a gambler. And true gamblers process...
  16. 2

    The adventures of a new Trader

    Look man, I know this is your journal, and if you really, really don't like my post I'll ask Baron to remove it, but did you re-read anything you wrote and think about whether or not your trading strategies are up to snuff? ...Stops will be held mentally... Why? It's not a good idea. What is...
  17. 2

    I've Turned It Around

    You need to close out your account now. Not "intend to" later on. Right Now. If you're serious, and you really did lose 400k, then what you are experiencing is the "Dead Cat Bounce" of gambling. I'm not sure if this is a phrase you're familiar with, but basically it means that even a dead cat...
  18. 2

    Favourite quotes about money/markets/trading

    "The most valuable commodity I know of is information." "Every battle is won before it is ever fought." "What every trader is saying, by entering an order, is that the guy selling to him is an idiot." "Every dog has its day." "There are sure things... ...and then there is lying...
  19. 2

    Favorite movie qoutes that apply to trading

    "My parents want to invite you round for tea on Sunday. Do you wanna come?" "I don't like tea." "You don't have to drink tea!" "Well, I don't like parents." That one has nothing to do with trading in any way, but the movie is really one of the classics...
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