Search results

Don't waste a moment. Open a trading account. Set a time span in which to jack away all of the £20k. Start your planning for what you're going to do afterwards. :)

Take it, pal. This is not for you .. you will just go down the pan with the other 95% who try out their unrealistic and ill-informed dreams. Continue to work your way as an office stiff. :)

Hey, relax. There is never an exactly even playing field. We're only 10,000 years into civilization.. not even an eyeblink in cosmic time. The dinosaurs were around for some 250 million years. Mankind is only at the very very beginning. Treat everything as primitive. We are the firstcomers...

Yeah .. and funny how it can afflict otherwise intelligent people. Same old problem .. they arrive with answers without knowing enough about the market or what the actual problems/challenges are. :)

Nice one. Very amusing. :)

All trades you close should be counted if you compile and keep a record of your trading average, eg YM points gained per contract or per $.

Warren, his time and place, stetching back into the past. Your time and place, mine too, stretching into the future. To todays getter, go and garner the rewards. :)

YM. Volatility. :)

Why would you think trading is not a skill to be acquired and honed? Why would you want to trade with insufficient knowledge and understanding of the particular market you choose? If you are talking about having to experience emotional impact and real money on the line it is a silly...

How does it help to be jacking away some or all of your capital before getting to the point of sufficiently knowing what you are doing? Its not a good idea to believe in yourself while choosing to be a loser through not studying the market and first reaching a sufficient level of expertise. :)

No, its a game where you have to know intimately and accurately the market you trade in. Mind fixes, psychological poses and cult thinking hubris do not amount to horsesh*t if you do not know sufficiently what you are doing. The point is the market is there to be your killing field. Do all...

There is one guaranteed method to prevent major losses and indeed all losses .. which I would recommend to most. Do NOT trade. Or do not become a trader. :)

How do you determine when to follow the trend or counter it? Well as you can see at ET you can't because there is constant argument as to whether the trend is up, down or just going round the bend .. again. Is it the top .. short term, medium term or long term? Or is it the bottom? Or is it...

Is Day Trading Possible with a full time job? It is possible. It is unwise. You know nothing in principle or in detail about your proposal to trade part time. Forget it! :)

At 30 anyone is dead meat for any top employer in investment advice. They look down on maverick independent traders and especially so if you haven't made it into the big time. They expect the office stiffs they take on to come in either as starters with the highest and shiniest academic...

Why is there this need to tell other people what to do? Bottom line, let people stumble into the next wall or avoid the next pitfall depending on who they are .. so what. Its a bad idea to be an interfering arsewipe with friends. Make your fortune. Become Mr Big. Then see if you never do some...

FaderTrader you know you can be what you want .. or just be as sloppy as f**k and let whatever gets squeezed out of the top of the toothpaste tube as being you. But the truth is we are all 'faders'. Who does not buy without the intent of selling higher or does not sell without the intent of...

Mine is a simple one. Always liked it. Others have used it on ET; so have I. Its an old salemans mantra. "You didn't plan to fail; you just failed to plan." :)

My reply was in response to the subject of the thread .. whether to 'save anything'. :)

Wrong.