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    ES Journal - 2014

    short 3 at 21.25......may add 2.
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    Starting a fund / raising capital

    5% a week is legendary. I would convince your family to invest, even take a 2nd mortgage on the house. Call all relatives every day and have them invest everything they can. You now have the system, so the plan now is to raise capital. I would be on the phone and in-person all day, every day...
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    ES Journal - 2014

    food for thought. IF, IF, IF markets are near the lows by the close, there is a good chance more liquidity will have to be raised because of Argentina's default. liquidity trades are the best....forced selling.
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    which option advisory is best for new trader

    To all those thinking of starting a newsletter. make bold predictions. send out 2 different emails. One all CALLS and one all PUTS... so at least 1/2 will think you are genius. (i know you can sell puts and sell calls...i just mean directional debit recommendations at first, then get...
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    Career trader's perspective on living off trading profits vs living on salary?

    you are correct, no guarantees. we will trade differently. i like to fall in love with a company or two or three, put at least 25k into a position, add if it goes up. sure, it could go to 10k and that would be a risk i understand. but they have tripled in price over time before more than...
  6. I

    Career trader's perspective on living off trading profits vs living on salary?

    exactly, exactly. i wasted maybe 2 years of my life thinking 20k was enough to strike it rich. i was so stupid. now it's clear the commissions kill most retail traders. makes it almost impossible to win if you trade more than 1-2 times a day. fees are everything. took me longer to figure...
  7. I

    Career trader's perspective on living off trading profits vs living on salary?

    Other People's Money, OTM. i won't share my story, it wouldn't help me at all. i did have a 10k, 20k and 30k trading accounts while working. no way that is enough money. i think you need 4k a month for mortgage (most people have one), expenses, food, life, etc...and you are not turning...
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    Career trader's perspective on living off trading profits vs living on salary?

    you are right. at home trader is viewed as an unemployed loser. loner. less money and likely not smart enough to trade OTM. But if you do have money (my house is paid off, car paid off, no debt, nice area) then the conversation goes nowhere. Why? Lifestyle. I can buy what they buy, go...
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    Career trader's perspective on living off trading profits vs living on salary?

    I've learned nobody really cares. "Oh, what do you do?" "Trade stocks." "Oh, do you make money?" "It's good." end of conversation. or some shallow continuation. Nobody cares what you do. You should, IMO, have good medical insurance, worry about retirement, emergency fund, and after 6...
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    Topsteptrader

    My interpretation would be libel or defamation does "hurt others" and would go against Mill's thinking. From wiki, "He argued that even if an opinion is false, the truth can be better understood by refuting the error." However, I think the opinion is something not harmful to others, say "The...
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    Topsteptrader

    I haven't seen any of the youtube videos, yet. trading, day or swing, might be some insane addiction that posting only makes worse. perhaps. i haven't been scammed directly yet, but i do remember a few brokerage firms charging me too much with commission, or bad hours, or insane...
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    Topsteptrader

    i'll chime in. lurker and now member. Doctors have passed exams, shown competency, and have the basic credibility. to teach other doctors, they need to be hired, giving them more credibility. and then to keep their job they must give some good, useful information. and a lot teachers need a...
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