Another one hangs it up

Quote from Bitstream:

if da guy sees he can't beat this tough mkt, that's good enough, actually, pretty commendable since he admits defeat before carryin' on too far with things that don't work, therefore wastin' precious time and money. afterall we are not all designed to make it in this biz. it is clear his aspirations lay elsewhere and he's well and done with tradin'.
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You're right Bitstream.

I liken it to the Coca-Cola soccer advert. You live it, breathe it, eat it, drink it, sleep it, become it.
 
Quote from Broken dreams:

Uhh... 1000, before, you said you wanted to trade because you simply despised your 10 hour 6-day job. You were tired of your old work.

But now you're talking about passion for something else and that you only want to trade for the brave men and women who died for your freedom? ?

You lost me, dude. You sound pretty angry too for some reason.

Hey, I'm the one who is hanging it up. I'm not making you hang it up.

Take it easy.
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I never said I despised it. I said I did it. I got invaluable experience to understand the economy, business, trade, people, psychology, keeping things simple, money flow, budget, cash flow, accounts etc. I've been there, done it, worn the T-shirt. OK. And I am not angry. I JUST GIVE 'EM HELL. You hear me, HELL.

I didn't lose you, the frigging system lost you. And for what reason? You sound like you've been living on Mars.

Believe me, you cannot say to anyone, not anyone that you not going to be back. I'll bet on the fact that at some point in the future you will trade again.
 
You really need a chill pill, man.

I'm the one hanging it up. Not you. So Relax. I don't think you should open this thread again, 1000. You seem to enjoy ruining many other threads.

Or better yet... Ignore mode, on.
 
Quote from Broken dreams:

You really need a chill pill, man.

Or better yet... Ignore mode, on.
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That's right. IGNORE, IGNORE. That's the reality. Just indulging in defeatism when someone gives you a dose of reality.

This is your thread, and you ignore. Trading is reality. Why you post a topic like this. What is your message to everyone out there? Let all the anti-Americans screw you up even more and you're welcome to it, just like your sorry GOP, who sound like the Chinese voted them into office. OH, THEY ARE JUST SO FEEBLE. Like they have no balls to stand up for their own people.
 
Broken Dreams...

Do you think making a thread about you're about to quit trading is a good idea or not? Do you think it has been a distraction, or have you gained something from it?

I mean, if you could do it all over again... Would you suggest some other broken dreamer make a thread about quitting or not?
 
Quote from Broken dreams:

You really need a chill pill, man.

I'm the one hanging it up. Not you. So Relax! I don't think you should open this thread again. You seem to enjoy ruining many other threads.

Anyway... Ignore mode, on.
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AND THAT IS YOUR WHOLE PROBLEM.

That's what you need to change to succeed. Whether it is trading or holding a 9-5 job. GET IT.

So why post, why don't you just fizzle away quietly, and no one would ever have known?

What other threads, do I seem to enjoy ruining? Why you're telling me not to open this thread again?

There is something called reality. People are successful doing many things, not just trading. There are also those who aren't so successful. And my point is that those not so successful people don't go around telling the whole world that they failed.
 
Ripley, it's understandable that there might be a few emotional people who don't want to hear this type of stuff because it is indeed quite depressing, but for a number of people, it's reality, and that's why I even discouraged them from reading in my very first post. But everthing I put down in this thread has been a completely honest review and perspective, with nothing but geniunely good intentions. I don't regret sharing my side of the story at all. I wish I had this information a lot earlier or at least have a constant reminder. Maybe there's a new guy wondering if trading might be right for him, I think it's fair to give him this kind of perspective for him to decide. Or maybe there are already traders wondering about the same thing. Afterall, not everyone of us is going to last in this game forever, and that is just a statistical fact that is very real. One poster posted that in his firm, there was only one guy left from eight years ago, and that's common everywhere. Sometimes, it doesn't even extend to that far, but maybe the longest trader has only been around for three years. The rest didn't defeat the odds and became statisitics. We're all sometimes so fixated at chasing a big dream that sometimes we just forget to think about the worst because... well, they're miserable thoughts. But as dark as it is, it's still part of reality. At the end, it's still anyone's decision to think whether this trading thing is right for them. I made a personal decision, but I'm not discouraging anyone from chasing their dreams. I only gave an honest analysis of the industry. That's all.
 
Well. I just have to agree here. Trading is like climbing Mount Everest. Has anybody here climbed Mount Everest? I have not, but trading is hard. The facts of the statistics cannot be argued with.

I have sort of a dumb thing that to say. I pay myself monthly. And everytime I get a paycheck that is insurance.

I am trading the dream and found an edge...but I still am frantically looking for a back up..I am scared, because I am climbing mount Everest without the second hook...

I obviously am NOT displaying superstar trader status...I am supposed to say that I am not scared and I have the market by the tail.

I think that my tests are yet to come, to separate me into the ones that make it. I am sharing the truth here, so please do not make fun of me.

But remember to be brave you must be scared.

You must read Jesse Livermores book. "Reminissance of a Stock Operator". I am going to read it again. I read it when I get depressed. BD I have read and reread your posts and I have nothing to say to you personally and I feel frustrated. I have a trade on as we speak, and it's funny...I continue to trade and my depression does not effect my trading. I am just executing.

Michael B.


Quote from Broken dreams:

Ripley, it's understandable that there might be a few emotional people who don't want to hear this type of stuff because it is indeed quite depressing, but for a number of people, it's reality, and that's why I even discouraged them from reading in my very first post, but everything I put down in this thread has been a completely honest review and perspective. I don't regret sharing my side of the story at all. Maybe there's a new guy wondering if trading might be right for him, I think it's fair to give him this kind of perspective for him to decide. Or maybe there are already traders wondering about the same thing. Afterall, not everyone of us is going to last forever. One poster posted that in his firm, there was only one guy left from eight years ago, and that's common everywhere. Sometimes, it doesn't even extend to that far, but maybe the longest trader has only been around for three years. The rest don't defeat the odds and became statisitics. We're all sometimes so fixated at chasing a big dream that sometimes we just forget to think about the worst. At the end, it's still anyone's decision to think whether this trading thing is right for them. I made a personal decision, but I'm not discouraging anyone from chasing their dreams. I only gave an honest analysis of the industry. That's all.
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Quote from Broken dreams:

Ripley, it's understandable that there might be a few emtional people who don't want to hear this type of stuff because it is indeed quite depressing, but for a number of people, it's reality, and that's why I even discouraged them from reading in my very first post.
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All the great guns who succeeded never knew they were successful until they succeeded. So how do you measure success with failure?

What makes me sick is the stupid government who want to turn everything into a statistic, because otherwise their mathematical equation just doesn't work. So they can keep and spend all your money for you.

And you, Broken dreams, want to hand it to them for free.

Jimmy Jam taught me one thing that I lacked, and that is I have to be hungry. So I take what he told me and reach my year's target in one month. Thanks Jimmy. Peace.
 
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