Search results

I read some stats somewhere a while ago that the average for daytraders was mid 40's. Made of people who wanted to change careers.

Dark, I disagree with some of what you've said. The main thrust of it, for me anyway, is that in the aggregate trading is not a zero sum game. All the time that companies earn profits then the value of the underlying company will increase. I think, as traders, we forget what it is that we are...

also, I find that it oftens signals a change in trend when a good run starts to fade out.

Seanote, I noticed that your trades were starting to get a little looser than usual. Stopping trading is the right thing. Disclaimer, I find it v easy to say and v hard to do.

A fine objective...me too. So I wonder why you don't feel that you can learn from Lundy? Of course we can all plainly see what he is doing so even if you only learn what not to do then surely that is worth something. And if you feel that he is just blowing smoke then ignore it...

.......and yet my impression of you is opposite to this. You are outspoken, quick to respond, willing to display your obvious intellect, deep and thoughtful......If I could pick a handle for you it would be galloping steed instead. You are a leading contributor to these boards. Just my...

Yes I think you are right about futures. Over the life span of a contract (3 mths) I guess it is 0 sum. Say I buy 1000 QQQ's today and 1 min later they are - .20, the other side of my trade is profitable, but if I hold them for 30 years, I will also be profitable. That's + + and the only way...

I was confused by this.....not entirely......just in parts......but understood it nonetheless. You have plenty of time to spare to keep ripping Lundy apart so why not take a break and lead by example. Show us how you trade. We all know your views on how things souldn't been done so now show...

Yep same handle. Good to run into you again. Jeff is still around. http://www.coopercartography.com/ Good trading 2 U 2. Cheers

Personally I don't subscribe to zero sum. Maybe in a suspended instant of time it is, but overall, it cannot be. Stocks and their derivatives are pieces of companies that make money and those that don't make money cease to exist and are replaced by new ones. In the aggregate and over time the...

Maybe. The only other place I posted at was the Trading Markets site in the days when Goran reined supreme (wonder what ever happened to him). If that's you then we swapped a lot trading set ups and even traded a few e-mails. Must be over 1.5yrs ago. Cheers

That's the bit I'm not sure about, but, I think it's fair to say that if you use your own name then you must feel somewhat accountable for what you post. I do anyway. I'm sure you are real swell guy. Or gal.:D

Anyone else noticed the different styles and content of the posts between those whose handles are clearly a variation of the persons name and those that are a pseudonym of some sort? I have. I'm not making any judgement about good/bad or indifferent, it's just an observation. Bearing in...

True. and also, if I may add, Develop the enjoyement to excel at your chosen occupation. Succes comes from a desire to do something well.

I think you are right on with what you say except for the above. I don't know if you have ever been a CEO, but pls be assured it is very very tough. Trading is hard but so are most things if you want to be succesful. Cheers

ROFL. "I resign. I don't want to belong to a club that would have me as a member". Groucho Marx. Nice observation posted in the third person, Bono. Personally,I don't post on threads that I think are a waste of time and this post is my official post to inform everyone that I am not...

Wow. Private investors are dumb investors??? Maybe some are but don't blindly accept the mantra that is pumped out amongst traders and the huge array of support sites, that only they know what is real and everyone else is a moron who deserves to get whats coming to them.

I wonder if the Fed will cut rates today? I bet they shave a temporary .25% off the rate just for the fun of it. This would scare the market as it would imply things are really bad. Then the turks would step in with some cheap overnight loans and start buying. And then big corps would be...

The major issue with this farce is that so many foreign investors will pull out of the US. A number (in the UK where I am) have called me this morning and what they are so upset about is the amount of time it has taken to get this information out. Everyone can accept that there are rogue...

Haven't got a stiff neck but have got a sore ass, from all the whipping I get from Mr Market.:D