Search results

So you're up 50-55% in 4 years? That's what, 11-12% year annualized? Personally, if that's all I had to show for the last 4 years I'd certainly not be posting 4000+ times such gibberish. 50-100% returns each year would be a lot more impressive --- something that some actually achieve as...

S&P is up maybe 50% in the last 4 years .. you call that any kind of decent return? What's that 10-11% a year compounded? 4000+ posts and nothing of substance. I guess buy & hold is easier for you than actually trading. One thing you excel at is wasting bandwidth. I'd guess you're still holding...

Right, no losing years; a couple mediocre ones where I basically paid the bills. What's so hard to believe about that? You guys that question such must not comprehend that there are two sides to the market and playing BOTH (yes, the short side also) allows you to make $$$ in down markets.

Yeah, tell that to people who bought the high flyers (INTC at $75, MSFT at $60 , CSCO near $80, YHOO at $100, DELL at $55, SUNW at $60) back in 1999. Today INTC is $24, MSFT $30, CSCO $27, YHOO $28, DELL $28 and SUNW is $5. Your buy & hold mentality has nothing to do with trading. Traders go...

I'm going on my 12th year of full time trading. Had some good years (up 150%) and a couple mediocre years where I basically paid the bills. My trading is a combination of day trading and swing trading with about 20% of my net profits from day trading the the other 80% from the swing trades. I...

Nothing wrong with $500 to $1000 ... I averaged $675/day last year and was happy with that. This year I'm around $695/day. Those claiming to make the really big numbers here are few and far between.

He's not a trader ... he's a buy & hold investor. I've asked him about shorting multiple times and he seems to think shorting is un-American or a 4 letter word ... any trader who's serious about trading plays the short side.

Sounds like you're similar to me in that you're not out to make every last dollar you can trading. I make what I need and then some. But finding a balance between trading and truly enjoying life on a daily basis, doing the things one really enjoys, is what it's all about to me. And those...

I think lots of people need security .. they need that regular paycheck, they need that 401K there for them, they need the company paid health insurance. Sure, they're all nice perks, and I enjoyed them too during my time as a corporate guy, but if you really desire to be a trader you have to be...

You clearly don't understand what "quality of life" is all about. How is sitting at home (or in an office) trading, staring at a monitor a lot different than some corporate guy who is doing IT work? Or an accountant playing on his PC with spreadsheets, ledgers, balance sheets? And don't assume...

Who cares about "good times"? With all due respect you sound like someone who thinks "good times" occur only when the market is heading higher. Any trader --- or any real trader who's been around more than a decade knows you have to play both sides of the market to make this a "career" longer...

Haha! That's like a football coach saying "this sucks" because they only run the ball, don't throw it and are getting the crap beat out of them in the 2nd quarter. Any intelligent trader plays both ways, long and short, just as any decent team both runs and passes in football. If a coach (or...

Again this is a TRADING site. If you think buy & hold is actually trading then you have a lot to learn. As a trader I need to make better than "average" returns. Some years are better than others. Last year I made 130% trading, This year so far it's 34%. And for the record, even in an...

Funny, I haven't seen people curse you. Rather some have challenged you. And your rebuttal is the above. Sad IMO. Those who can trade actually trade. Those who can't trade post all day long. I can see where you fit in. Almost 4200 posts. PS I've traded full time for 11+ years ... wish I...

In this day and age there are many small businesses, corporate employees and entepreneurs who operate from home. And having traded in an office doesn't necessarily imply more discipline. It may in some cases but it also may have less discipline in that other traders may be yelling out their...

The only "success" regarding your experiment is that you added another meaningless post to your 4000+ priors. Just because you apparently can't scalp successfully is no reason to assume others can't. Maybe if you spent more time trying to learn how to succeed at trading, and less time posting...

Recall early 2000? Smart money was shorting prior to the top. One had to be patient for a little while longer and then made a ton of $$$$. No different than longs buying as a market tanks waiting for the reversal. Example: I shorted VTSS at $96 in early Feb. 2000. Next day it was $116. In a...

Anyone who made money and ultimately lost all of it wasn't much of a trader IMO. Many were people who thought they could trade but were confusing brains with a big bull market. It's always been my belief that you have to play both long and short to be able to make it long term as a trader...

I short in any market. Just have to find the high probability trades (i.e. shorts).

I was trading at All Tech back then. Barton killed 5 at All Tech and had killed 4 at Momentum minutes earlier. And whereas his losses may have pushed him over the edge Barton was a troubled guy. In addition to killing his 2nd wife and 2 kids the day of the shootings he was a suspect in the...