Search results

Right here, I've thrown keyboards, broken screens, broke the phone hanging up, name it, I've broke it. Cursing like a bat outta hell. Oh I am not a robo-trader by any means. Emotionless? I can't do it. Of course as I got older, it got much easier not to. but, when 'm back on the desk, I...

a note: I do not profess to be Tudor Jones nor some trading shrink guru. Take all this with a grain of salt. I have no idea what I'm talking about. Your mileage will vary. :cool:

Ask this: What % of fills in your career will you get the price you want? Lot lower than what we want. Consider how much it costs you in opportunity cost for not being in the zone for the rest of the day. Is it worth it in the long run? Sometimes a new perspective on a condition may be...

No, yes, yes, yes, yes. It's #2 that seperates the men from the boys in my book. The moment in your life when you can actually "do it" rather than talk about it. Yup, difficult indeed - for most of us anyway. lol - no more comments about that.

See my comment about alcohol above and you are one of the lucky ones without any demons. :cool:

Overtrading: Probably in the all time top 5 if not top 3 list of demons. The problem when facing our demons is that we have over 4 billion - is it 5 billion now? - human beings on the planet with as many personalities. I found in many cases, the same demon attacks traders differently based...

acronym, lol - cute, but not what I was referring to. By the "dark side" I meant that we as traders will always have our demons lurking in our heads ready to mess with us. That we MUST as traders always be vigilant to our demons or else hear ourselves saying, "^%$@#$! I did it AGAIN!"...

ksonsinc, That comment is the whole problem isn't it? Further, if you learn from your mistakes but then "do it again", did you really learn from it? Some humans learn but can't follow the lessons learned. It's when we finally start putting our lessons into our trading that traders improve...

lol, Last night when I started the post, I was drunk. :D I didn't mean to imply that my demon was alcohol. I was just having a few on a saturday night and this topic came to me. Some good responses. Let's see if we can tackle a few today.

Location: NY Type: Salt Species: Fluke, Tog, Stripers, C-bass, Porgies, Tuna, Weakies I know you're out there anglers. :cool:

"Never under estimate the dark side." I don't like threads talking about specific trades/stocks/etc... I prefer the threads talking about the intangibles of trading. My battle cry when I was on the desk used to be... "It's not that we don't know what to do, we can't do what we know."...

lol - of course being drunk, I forgot to start with my own demon. My #1 demon over the years was large losses from a single trade. I had no problem making money, I just couldn't keep it sometimes because at some point I'd blow up on a trade and give most of it back, sometimes into the...

As I sit here on a saturday night - very comfortably drunk :D, I thought I'd write my first post here in the psych room. As you can see from my join date, I am a ET newb, so first and foremost, greetings to my fellow traders who place an importance on the psychology of trading. What I want...

you say, When I was your age, I didn't give a shit about anything but trading. I gave up everything for it. There were many years not going out with friends and instead looking over charts and other info. My walls were plastered with charts and data. I'm no Einstein, I had to devote...

Not to crash your thread, but all my new traders used to get a "DO NOT TRADE" list everyday. The high vol stocks you mentioned would most certainly have been on that list. Nevermind the added volitility due to the NMX ipo on fri. Though I do not know you, it's sounds like perhaps you have...

I'd like to ask the 19 people so far thinking of quitting... What do you think is the #1 reason that you're having such a hard time these days? Is it you? (personal issues, burnt out, etc..) or Is it the market that has changed and made your setups no longer profitable? or Somethingelse...

Thanks to the fifty people who voted. To those suffering: I feel your pains - there is life after trading though. To those in the middle: Congrats, you're the survivors. To those doing well: Cough it up! What are you doing? :D Jokes aside, thank you all for you participation.

cks, Since you're young, I'm going to give you a break and not hit you over the head with anything rude but... WTF ARE YOU DOING LOOKING AT CRAZY VOLITILE STOCKS LIKE GOOG? If indeed you want to learn to become a trader like you posted in the other thread, I would suggest looking at...

I am surprised to see there aren't any sentiment threads here. With the number of active traders here, I would think this is a worthwhile thread. (Did I miss a major section somehwere? A ET noob mistake?) So I'm going to start some sentiment threads here each quarter to see what ET traders...

Thanks Don, Regardless of what people might say about this business and prop firms, I am glad to see your name is still around. I recall meeting you in or around 1996 in your NYC offices. Straight shooter then, still a straight shooter I see. I remember when you said 1c/share I said...