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Beating Larry Williams record
- Thread starter sabena
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First of all, richness I don't measure by
how much money one have but what you can do
with that money.
A guy that has 1 million dollar and can barely
make 10 % yearly
or a guy that has 10000,-$ and can make
100 % monthly ,
who is the richest ?
for me number 2.
In fact I feel myself much richer than Bill
Gates !
Like my mother said "The capital in your head
they cannot take away from you, the capital in
your account they can...."
Even they take all my money, I go working
in McDonald's and make 10000,-$ and start
all over again.
how much money one have but what you can do
with that money.
A guy that has 1 million dollar and can barely
make 10 % yearly
or a guy that has 10000,-$ and can make
100 % monthly ,
who is the richest ?
for me number 2.
In fact I feel myself much richer than Bill
Gates !
Like my mother said "The capital in your head
they cannot take away from you, the capital in
your account they can...."
Even they take all my money, I go working
in McDonald's and make 10000,-$ and start
all over again.
You known, part of the reason, I have become
so good, is that the money doesn't mean
much to me. I have always lives as a student
with 500,-$ monthly.
I have always wanted to be the best in what
I do.
When I was playing European football, I was
the happiest man of the world when I passed
6 guys and made a goal.
If you are too much focused on the money
you will make less than when you are only
focused on winning.
You known, I don't look at how much I made
at the end of the day.
The only thing I look at is how much % I
catched from the daily range. I just want
to bring up that number because that's the
number that measures your performance
againts the market. Your true performance
is the relative performance against the market.
I can make one day more $ than another day
but if the % of the range on the day with
the most $ is less then on the day with
the lesser $ then I feel better with the day
that I made the least $
so good, is that the money doesn't mean
much to me. I have always lives as a student
with 500,-$ monthly.
I have always wanted to be the best in what
I do.
When I was playing European football, I was
the happiest man of the world when I passed
6 guys and made a goal.
If you are too much focused on the money
you will make less than when you are only
focused on winning.
You known, I don't look at how much I made
at the end of the day.
The only thing I look at is how much % I
catched from the daily range. I just want
to bring up that number because that's the
number that measures your performance
againts the market. Your true performance
is the relative performance against the market.
I can make one day more $ than another day
but if the % of the range on the day with
the most $ is less then on the day with
the lesser $ then I feel better with the day
that I made the least $
Like my father Albert Einstein proved
in his relativity theory.
Motion is relative, speed is relative,
everything in life is relative, everything...
Finally it all ends up in philosophy.
Science gives an answer on the "How" but
not the "Why"
"It's our duty to the world to fullfill
our full potential"
And I'm trying to do just that.....
in his relativity theory.
Motion is relative, speed is relative,
everything in life is relative, everything...
Finally it all ends up in philosophy.
Science gives an answer on the "How" but
not the "Why"
"It's our duty to the world to fullfill
our full potential"
And I'm trying to do just that.....
I am just trying to get as close to
the truth as possible.
In trading ,we as humans, will never be
able to reach the full truth, never.
Only God knowns....
And when I had my accident, I had the
chance to look God in the eyes for a
few seconds and I'm sure that he had
a purpose with that accident.
This challenge I will take next year is
just part of something more.
If I start that Hedge Fund, then the %
of the profits will go not to me, no,
it will go to people who need education.
Like my father said " The best investment
are people"
Yes, people and not stock, futures or
options.....
the truth as possible.
In trading ,we as humans, will never be
able to reach the full truth, never.
Only God knowns....
And when I had my accident, I had the
chance to look God in the eyes for a
few seconds and I'm sure that he had
a purpose with that accident.
This challenge I will take next year is
just part of something more.
If I start that Hedge Fund, then the %
of the profits will go not to me, no,
it will go to people who need education.
Like my father said " The best investment
are people"
Yes, people and not stock, futures or
options.....
of course, but that's just another way of saying "if you can see the future, then you can always make money consistently".Originally posted by sabena
The real trick is to have techniques that are not correlated to market conditions, wether it is bull, bear, trading range, any market behavior. If you can do that, then you can ALWAYS make money CONSISTENTLY.
anyhow, i don't really want an argument on a thread that's quickly degenerating into the "TraderRX+NVDA=BIG CACHINGO" realm, so i'll just say that: if you really think that you have the holy grail, a system that works consistently no matter what happens with the market, then be prepared, some time in 2003, to say "oh shit, that never happened before!".
you have been warned.
- jaan
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