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  1. SimpleMeLike

    If you use stop losses then you are essentially gambling

    Hello wxytrader, This way will take forever to get rich. You have to trade every day or once a week to get rich man. Everyone is already buying and buying and holding index funds forever. This is a no brainer, everyone I work with at full time job does this already. This ain't no money right...
  2. SimpleMeLike

    If you use stop losses then you are essentially gambling

    HAHAHAHAHHAHA LMFAO HAHAHAHAHAHHAHAHAAHAHHA :D:D:D:D:D:D:D:D:D LMFAO HAHAHAHHAHA at "All this time going round and round discussing about stop loss and it turns out he's talking about averaging the damn index." LMFAO HAHAHAHAHAHAHAHAHAHA
  3. SimpleMeLike

    If you use stop losses then you are essentially gambling

    Hello wxytrader, Then I take my loss. If I lose a certain amount or my trade not going my way to make me money, I simply exit the trade for a loss. No big deal. Losses come with the game.
  4. SimpleMeLike

    If you use stop losses then you are essentially gambling

    Hello Quanto, I can not speak for anyone else, but I am indeed a Gambling/discretionary/guessing/speculating ES futures trader. And I love every minute of it!!!
  5. SimpleMeLike

    If you use stop losses then you are essentially gambling

    Hello wxytrader, I dollar cost SP 500 index in my 401K account when I get paid. What is wrong with adding to losers intraday? I did it and it makes money. I do not want to add to losers for no months and years. I trade intraday daily. You can do it intraday here as well and make some money.
  6. SimpleMeLike

    If you use stop losses then you are essentially gambling

    Hello NoahA, There is nothing wrong with it at alll. But I want some more money man. more more more more more more money!!! There is no rules in this trading business, you can trade 10 trading strategies if you like. whatever works for you man.
  7. SimpleMeLike

    If you use stop losses then you are essentially gambling

    Hello semperfrosty, Lol, trying to get that million dollars buddy. That is all I know. If it makes money, it makes sense!
  8. SimpleMeLike

    If you use stop losses then you are essentially gambling

    Hello NoahA, Well, I am not sure what to tell you NoahA. I want to make money as much as I can. If it makes money and I like it will do it in trading. I have said over 1000 times, I learned trading from other traders right here on ET forum for the kind cost of $0.00. I have tried other members...
  9. SimpleMeLike

    If you use stop losses then you are essentially gambling

    Hello wxytrader, You are genius buddy. THANK YOU FOR YOUR HELP today and telling us about this way of trading. I traded with no Stop Loss today, average into losing trades, and made money!! Pretty Easy. I will keep on doing it. Nice idea @wxytrader Thank you!!!
  10. SimpleMeLike

    Down to about $90k, where would you park it if your trading skills were trash?

    Good Morning p0box4, You can get rich in stocks and options and bitcoin as well. Its all the same. I have only been in ES all these years. Did stocks years ago. I catch you later man, let me go get this ES money man.
  11. SimpleMeLike

    Down to about $90k, where would you park it if your trading skills were trash?

    Good Morning ironchef, That is good sir. That is good. I hear its alot of money to be made in them options. I never tried it before, maybe in the future I try to make some money in options. Good work @ironchef ok I holla at you later man, time to go click.
  12. SimpleMeLike

    If you use stop losses then you are essentially gambling

    Hello wxytrader, I understand . Thank you I will try it out indeed. Thanks good comments and thread.
  13. SimpleMeLike

    If you use stop losses then you are essentially gambling

    Hello wxytrader, Thanks for the no stop strategy, I will try it out. Whatever it takes to get rich. I agree with you , no stop master.
  14. SimpleMeLike

    Down to about $90k, where would you park it if your trading skills were trash?

    Hello ironchef, I'm sorry but I don't understand what you talking about. What do you mean retire in CA and cottage? Retire from what? Do you want to be a millionaire ES futures trader in 1 to 3 years? Please respond with yes or no.
  15. SimpleMeLike

    If you use stop losses then you are essentially gambling

    Hello wxytrader, Yes, I heard of this before , and I do it some times. It is pretty fun as well.
  16. SimpleMeLike

    If you use stop losses then you are essentially gambling

    Hello BlackPhoenix, You are right about that, a buddy of mine was showing me one of that EA algos in forex, it just keeps adding on to losers forever. It works for awhile, until not enough money in account.
  17. SimpleMeLike

    Down to about $90k, where would you park it if your trading skills were trash?

    Hello ironchef, I am talking about having + $1 million dollars in your bank account and all your debt paid off. The +$1 million dollars cash is there for you to do whatever you want to do. I can careless about owning a damn home. That is easy to do. I do not care about having assets worth +$1...
  18. SimpleMeLike

    If you use stop losses then you are essentially gambling

    Hello wxytrader, Are you referring to DCA dollar cost average without stops with intraday trading futures or stocks? intraday meaning all trades close by session close 3:15pm
  19. SimpleMeLike

    If you use stop losses then you are essentially gambling

    Hello wxytrader, Thank you for response. I agree your statement and respect your style of trading.
  20. SimpleMeLike

    If you use stop losses then you are essentially gambling

    Thank you murray t turtle for the response. I would like to hear what @wxytrader have to say to the questions as well.
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