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    How to change mindset to let profits run?

    Since you posted yours, let me present my daily catch.
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    How to change mindset to let profits run?

    Austin I appreciate your input and I am familiar with your way of trading and would be the last person to state that it does not work. It does especially in markets like we have had lately. You are a good teacher and I do see your logic. Thanx for taking the time to explain your position. :D
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    1 T External Hard Drive

    I get it now. I was under the impression that there are equal and then there are more equal ones out there.
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    1 T External Hard Drive

    If you can't take the heat then stay out of the kitchen. :D :D
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    How to change mindset to let profits run?

    however, if the market were to go down another 60 points, one would continue doubling at 20 point intervals which would bring the position of 32 contracts long at -120 points which would be the equivelent of a 1100 to 1200 drop. Now in order to be able to hold over night and not get a margin...
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    How to change mindset to let profits run?

    Also, I think the flip of the coin example is flawed. When one flips a coin the chance of tail is always 50%. When market dives 20 points the probability of it diving another 20 points is not equal to probability of it bouncing up 20. The more the market goes one way, the more there is a chance...
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    How to change mindset to let profits run?

    Moreover, it has become impossible to implement in modern casinos, due to the betting limit at the tables. I wonder why is that? Why would they limit a client to bet using this system. Wouldn't allowing him to keep on doubling flash all his money???
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    How to change mindset to let profits run?

    but since I am at the desk let's re hash the old pros and cons definition: Originally, martingale referred to a class of betting strategies that was popular in 18th century France.[1] The simplest of these strategies was designed for a game in which the gambler wins his stake if a coin...
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    How to change mindset to let profits run?

    Wow i am being pissed at by both Austin and Jack at the same time. Not a good day for me not a good day I tell you. :( :(
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    1 T External Hard Drive

    So, they are all the same. No better or worse????? I guess I will get two of one kind and hope for the best.
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    Multicore processor question

    I had C 64 then C128 and then graduated to amigas (early 90's). Amiga 500 was IT. 512K which later was increased to 1mb of RAM. TYhose were the times! Modem you betcha ..... 300 and my first entrance on the net, priceless! :D
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    How to change mindset to let profits run?

    The fear is there and since 16 is rarely in play I am dealing with it by exiting at 2 1/4 point instead of holding it for more. Happened to me yesterday in the last hour. I could have waited and easy bank another 5 points per car but I bolted like a bold eagle the minute I got my golden 2 1/4.
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    1 T External Hard Drive

    We both wear pants but let's not get into the kinky stuff shall we? Sha has on occassion, but it was not during the time of urination, but let;s not get into that..... A hard drive is not a hard drive. I need something that is considered the most reliable one.
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    1 T External Hard Drive

    Wait a minute this is not all: 1. Only oranic baby food for the boys till the age of 2. I am still paying off the second motgage I needed to pay for those groceries. 2. Still buys organic cereal for them. I on the other hand can eat the regular stuff (hey I gave her 2 kids, so wtf am I...
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    1 T External Hard Drive

    1. I was able to configure a rig for around $1000 that included a Blue R. burner so it is within limits. However, first I need to convert the other stuff before I tackle this one. 2. Cannot have Playstation 3. My wife is so against consoles that she would kill me if I even mention this...
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    How to change mindset to let profits run?

    Well, I am thinking what is going to happen if this thing is going to hit my circut breaker and I am going to be - 16 cars. paranoid, you betcha. Also, when I mutliply 16 cars times 2 points I get happy, very happy and tell myself: shit you used to slave yourself to a boss whose IQ was lower...
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    How to change mindset to let profits run?

    I think, it is because 16 cars is way too many cars to be trading in my case. I get scared and book profits early. It happened twice yestarday and in retrospect, I lost some major $$$. On a + side, most of the time I am in with 1, or 2 contracts at a time, and 16 is a very rare thesedays. Also...
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    How to change mindset to let profits run?

    My biggest problem is when size is in play. I generally let 1 car go for 10 points or more without a problem. However, on those rare days when I get 16 cars in play, the second I am up two points, I get "happy" and follow the no trader ever have gone broke mantra and take my profits. Sometimes...
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    1 T External Hard Drive

    I am afraid of e bay when it comes to fragile stuff like HD and such. Plus, the prices there are often in line with what I can get on other sites. Plus the whole thing about bidding and fighting for the best deal. I prefer a straight price and no tricks. After my vacations in Egypt, I developed...
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    1 T External Hard Drive

    You are right, I am always on a look out for new gear, and I like asking questions on forums were folks know their stuff. As for the notebook, I got it, (went with Acer).it is working great, no complaints so far. Sorry I did not update the thread. I prefer the 20" configuration. The weight does...
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