Here is my secret. Follow these 4 easy steps and you too can do it.
1. Wake up ready and wired at 8am with a line of coke.
2. Blowjob at 8:30am from whatever skank you picked up the previous night. If last night wasnt successful for you, the nearby homeless woman(man?) will do it for...
Uhm, not much has changed. Specialists still receive a boatload of inside info, front run orders and move price levels for humongous profits at the cost of mom & pop. Now with day traders, we have pennying, held orders, and order execution abuse.
It's just a tool not a bible.
And yes they do work on many occasions. Be it self-fulfilling prophecy or scientific fact, MAs have help me in my trading.
Interesting.
Coffee does like look it's about to break out. I wouldnt mind going long some coffee futures but seems like doing it through stocks is easier.
Coffee mania is back with all the lates, expressos and new drinks. Expresso brewing uses up more coffee than American style. Might be...
Take partials.
Period.
If the rest of your size is goin back the other way and has lost more than 50% of original profit, time to just go. You can always re-enter.
Unless you are building a intraday-daily position, but it does not sound like you do that.
You are trading ES, no...
You're just figuring this out???
Trust me, not one profitable NYSE trader likes dealing with NX monkeys that screw up trades. At the same time, you can make a little bit of money by manipulating these stupid hacks. Often I grab a quick scalp of a steady size in the book and sell it to the...
Later, Im in 5 positions now, 4 green, 1 red. Trying to leave early, go to gym, then take a late lunch with some drinks then come back to check on the positions Im taking for a few days.
Still high from last nigh and I smoked some of that blunt this morning.
Pretty cool. It's slow today volume is low but I'm more relaxed and I have some positions I'm building. Made a little cash so far, I'm not expecting much out of today.
It does get hard to control 5 fast positions, yet...
I hope you all do realize that there are hedge funds that have teams of traders that manipulate stocks like TASR. They are multiply their income vs going solo. There are news trading teams in many prop firms that work as a team and can create moves in stocks.
I've learned a lot from being...
I'm thinking about smoking a bit tomorrow morning since it's gonna be low low volume.
Trading on acid, hahaha. I would make sure simulation more is on. Sounds like fun though.
Pabst, ever get too stoned for the bond pit? I'm sure you got some good stories.
I was gonna put this in resources section but doubt that would have lasted.
Wondering if anyone here likes or even tried to smoke a little herbal medicine before trading on like slow days just to help stay calm and chilled out. Think sometimes it would keep me from getting irritated with a...
Here is the thing. You control your exact risk amount with options and take intraday even to intraday swing positions that you might not be able to sit through with stock. Some of these stocks get so dangerous even in a nice up/down trend that you have to go against your usual disciplined...
This a great example. I assume rjon makes about 1k a day which will amount to over 200k a year. It is very possible with 150K BP as I did it throught December & January. But at times when I would take a few positions and some higher priced stocks, my 150K BP would hinder me. Hence I had it...
Oh my god, leave the poor guy alone.
WTF yo it's like you guys are having orgasms over lecturing and criticising this guys loss. I'm pretty sure he stated the loss situation and fully acknowledged his mistake in letting his ego take control and not exercising discipline. Take a look at a...
Ohhh that MO is one fuuuuunnnnnnn stock to trade. 7500 shares, wow that trader must be damn good and got some big cajones.
To the original post, yes $100k a year is possible and realistic trading stocks, at least at the moment. You do need some BP as silk mentioned. 200k should do it and...