Anybody making any real $$$???

Originally posted by Commisso



Jun 2001 to Sept 2001 / 2070 to 1088 about 50% down
Sept 2001 to Dec 2001 / 1088 to 1735 about 60% up
Dec 2001 to now / 1735 to 1200 %???


PEACE
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By the way Commisso, when did the Nasdaq get to 1088? Maybe six years ago! Are you sure you're a trader? :D
 
Yup, I got rocked by Klac yesterday! Tried to play a bounce. Should've stayed short but I haven't seen such wicked down moves in awhile. Thank god my max position was only 1000 shares or I'd be out homeless...
 
I agree with Don. Listed stocks are where the action is right now. You can find good trading stocks in many sectors. Nasdaq is limited to tech stocks to a certain degree, and they suck right now.

other advantages trading listed stocks:
easier to read the tape
cheaper commissions at many firms
more sectors to trade


It was hard to make the change from nasdaq to NYSE but the only constant in trading is change. :cool:
 
Originally posted by Commisso


I am sorry goldenarm but what more do you want???
The market is anything but stuck in a range!

I am sorry but I am sooooo tired of hearing people complain about this market... This market is as good as any other...

Jun 2001 to Sept 2001 / 2070 to 1088 about 50% down
Sept 2001 to Dec 2001 / 1088 to 1735 about 60% up
Dec 2001 to now / 1735 to 1200 %???

How much volatility is needed???

And as for the dimes and pts... They are no longer trading for $200 a share... So instead of risking 1pt to make 3pts you risk .20 to make .60 and take bigger size its all relative...
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Amen to that brother. It is all about adjusting the method to the current market to still find those high reward to risk opportunities every day.
 
Originally posted by TriPack


Amen to that brother. It is all about adjusting the method to the current market to still find those high reward to risk opportunities every day.
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That is exactly what it is about Tri... If you are not producing results than it is because your method is no longer viable in the current environment NOT because there are no opportunities within the market...

THERE ARE ALWAYS OPPORTUNITIES WITHIN THE MARKET!

You can't sit around and expect an indiffrent creature to adapt to your methods you have to adapt to its way...

"To be a man of knowledge you must be light and fluid"
--Carlos Casteneda

Oh btw Tri thanks for the idea of the index cards I went out and bought lamenator and have been making cards for the past week :)

PEACE and good trading,
Commisso
 
Oh no big deal Don ...

Just some index cards with some affirmations to keep me in the flow when I am out of it...

If I feel myself forcing, or becoming attached to an opinion, overthinking/hesistating, that sort of thing... I'll take a few minutes to look over the cards...

Oh and I also have all my levels for the S&P and NQ printed out and lamenated on big cards :)

PEACE and good trading Don,
Commisso
 
I use some post-its on my monitor to help me keep my focus. Sayings like "Don't average down losers", "Keep It Simple Stupid" and my personal favorite, "He who picks bottoms ends up with smelly fingers". :cool:
 
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