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40% this year.
- Thread starter cooolweb
- Start date
Quote from Fireplace:
You said this like 5 years ago....and now you are trading snail stocks.
I think you are too scared to be a real trader, I mean a real big trader. You might be able to make a little but I don't see you being able to be a size player.
You know, I resent this statement. I've been working my fucking ass off refining the system daily for the past I don't know, fucking I stopped counting like 6 fucking years.
All thi time I got like 5 million dollars in savings sitting there for me to trade, do you know what I do? I trade with fucking 30-50k , Do you think I like sitting here like a fucking piker?
I don't like this slow as fucking process more then you like seeing me pike with $100k . You know I want to get to that finish line faster then you want to send a dumb fuck reply back.
You know I may not be the best fucking trader on this message board, I may not be warren (I've dreamed about the guy about 3 times) , but I'm going to be fucking making money within my risk parameters, which is NO RISK. It took me a fucking shitload of time to figure out which areas have 0 risk, was not easy. was not FUCKING easy.
I made 35% ROI on capital last year, motherfucking, This is my #2nd fucking profitable year, motherfucking.
fuck you all, I will make it fucking big if it kills me.
I call em like I see em, you may be a great risk manager in your snail stocks but you aren't going to be a size player with what you are doing. Consistent small returns...maybe. Sure you can do that but the bravado you show implies you THINK you are some BSD. The stocks you are trading, after all these years, shows me at least that you are afraid of the market. And not a healthy fear but a real fear of losing anything. You strive for zero risk but where you'll make real money in trading you will have to take some heat sometimes. If you want to trade the snail stocks and catch a nice trade with 2000 shares every so often while scratching or losing a penny on many otjer setups, then go right ahead but this isn't the path to a size player....I've been doing this long enough to know this.
Throughout all my previous businesses, not one of them required *any* risk to make net profits. Just from that I can cross reference that to the stock market, that large net profits do not require risk, they require a growth market. Anytime I found an area with 0 risk, I loaded it up with 100s of thousands of investment $$$$$, thats when huge money poured in.
You may have a lot more then me to learn.
ps. this journal has just started, I'm sure 10-15% return per trade is bound to come in sooner or later with 0 risk. Cause I already took quite a few 10-15% this year on FMCN , NTES , 700.HK earlier this year. and a bunch of other shit I forgot.
You may have a lot more then me to learn.
ps. this journal has just started, I'm sure 10-15% return per trade is bound to come in sooner or later with 0 risk. Cause I already took quite a few 10-15% this year on FMCN , NTES , 700.HK earlier this year. and a bunch of other shit I forgot.
Bottom line is you realize that trying to pick exact bottoms is very very hard and so you trade snail stocks in order to be 'safe'. Safe is a relative word. You can have stocks that move 20% up but will whip a bottom several times before taking off. Just because you are temporarily out of the money .20 or more DOESN'T mean you are on the wrong side of the trade.
You fear price moving against your entry, regardless of whether the trade is right or not and so you trade scared. This is why you trade the snail stocks and like I said, you can do ok this way.
I guess the reason I am coming off harsh is that your attitude doesnt match your trading style. You talk about banging chicks and spending $$$ and then you go and trade like a scared rabbit. Risk mgmt is vital but it can also hold a trader back if taken to the extreme.
Good luck CW
You fear price moving against your entry, regardless of whether the trade is right or not and so you trade scared. This is why you trade the snail stocks and like I said, you can do ok this way.
I guess the reason I am coming off harsh is that your attitude doesnt match your trading style. You talk about banging chicks and spending $$$ and then you go and trade like a scared rabbit. Risk mgmt is vital but it can also hold a trader back if taken to the extreme.
Good luck CW
Quote from cooolweb:
Throughout all my previous businesses, not one of them required *any* risk to make net profits. Just from that I can cross reference that to the stock market, that large net profits do not require risk, they require a growth market. Anytime I found an area with 0 risk, I loaded it up with 100s of thousands of investment $$$$$, thats when huge money poured in.
You may have a lot more then me to learn.
ps. this journal has just started, I'm sure 10-15% return per trade is bound to come in sooner or later with 0 risk. Cause I already took quite a few 10-15% this year on FMCN , NTES , 700.HK earlier this year. and a bunch of other shit I forgot.