Search results

ric, I think you have the right attitude and I think you will go far in trading as well as in life. My apologies, :(

Do you think Donald Trump would've been where he is if he didn't attend Wharton? What about Warren Buffett, would he be the "Oracle" if he didn't attend Columbia?

It isn't due yet. But I have enough $ margin of safety to pay off and to take one out for the next month, where I hope to run it up and be able to keep a full account for myself.

Not even I could've said it any better... :p

% returns depends on so many factors. It is how much you have in your account. How much you are willing to risk etc etc. I was up 115% in 3 days. But, that doesn't mean I am a good trader. It only means that I was willing to take on a bit more risk, and that my account size was really...

It all depends on what kind of a trader you are. If you are a scalper, and a shorter time position trader, then it is best to take profits. But, if you are a longer time frame intraday position trader, there are some advantages to holding onto a partial position. Either way, you cannot be...

http://www.elitetrader.com/vb/showthread.php?s=&threadid=26464&highlight=returns

Therein lies the key to profit mate. Wait and fade the move. :D

Don't be too sure. This would explain a lot. Various statistical studies have shown that people tend to post more on the message boards when they are emotionally aroused, or are happy. Here at a trading board, that would only mean one thing: you make a lot of money. I myself tend to...

Don't have a credible link. But, this is what I've been told by other experienced traders. No. If you can find it and post a link to it, that would be much appreciated. I am seriously thinking about something similar to this without the losing traders part.

See, having started a thread with what my problems were I was able to rectify it. I haven't had a loss more than my supposed stop since then. I also cut down on the number of times I get stopped out by waiting for sure trades. Thanks again for those who have helped. :cool:

The award for the "Shortest Post from NihabaAshi" goes to this post. :D

Not only are you a n00b, you're a dumb n00b. A lot to learn kid! Having a lot of posts only means one thing. It means they are rolling in dough each day that they don't have to worry about losing out on one or two ticks. It also means that they are well ahead of the game that they are...

Is this a riddle or something. Assuming that it is one, I would say I would rather be the maggot because I got the log for free and I was able to take flight upward, which represents a bull market. My cost basis was nil, and I am headed up... way way up...

WOW. that brings us back to square one: 2 losing traders.

I know its illegal for an individual to be long and short on a single stock at the same time even using different accounts. But, I don't think thats the case with futures.

If two consistently losing traders gang up and trade together, then they both could be net positive at the end of the year. One take LONG and the other go SHORT on a volatile instrument, and one cut the losses fast, while the other one let the profitable position ride. Split profits and try...

Winners never quit and quitters never win. ...and then there are those who neither win nor quit...

Briefing covers more news on stocks that matter while FOTW is cluttered with any and all sorts of down/up-grades and news pending of each and every stock imaginable. I found one is faster with something, and sometimes the other is faster with something. The edge goes to FOTW for posting...

I tried the maximum contracts I could try on a position trade and not on a scalp. The mistake I think I used to make was that I would take on a huge position, and then add onto it as it got profitable. Thus, I wasn't being careful with my entries once the position was profitable because the...