Can't Get Back On The Horse

[Wayne Gibbous]

Quote from optionsgirl:

For what it's worth, I thought the original post was about self trading doubt and reassessment. I didn't really see anything arrogant about it. I also read the Ferrari in the context of fantasizing. I think in this business, we all fantasize about potential wealth. It's just matter of keeping it in check.


What would you consider modest? Are you day trading stocks or options?

If Spin don't make at least $8,000,000 in a year, he piles the money up and burns it. Just not worth the trouble to put in the bank...

 

[spindr0]

Quote from optionsgirl:

For what it's worth, I thought the original post was about self trading doubt and reassessment. I didn't really see anything arrogant about it. I also read the Ferrari in the context of fantasizing. I think in this business, we all fantasize about potential wealth. It's just matter of keeping it in check.

What would you consider modest? Are you day trading stocks or options?

My mention of arrogance, etc. was a generic comment about some of the traits you experience on ET and other BB's. I had no problem with the original post since I'm not much older, retired and paying the bills from my trading and investments. I think that trading doubt and reassessment is a normal, essential and healthy trait if one is in retired and must avoid major loss.

My objective is to pay the bills and be worth one dollar more today than I was a year ago. It may not sound like much but when the primary income is gone along with the grief involved earning it , it's nice not to have to tap into the nest egg. And while it's not nice to be older, it's a lot more reassuring every 5 years to have a larger nest egg, reducing the odds that anything short of catastrophic events will not lead to eating Alpo.

A modest year is achieving the $1 more thing as compared to 2008 and 2009 when a midget monkey could through darts at the financial page and make big bucks. All the monkey had to be was short

I primarily trade stocks now (options are more the gravy than the main course).The holding period is more likely to be very short if news oriented, longer if reversion oriented.

 

[spindr0]

Quote from Wayne Gibbous:

If Spin don't make at least $8,000,000 in a year, he piles the money up and burns it. Just not worth the trouble to put in the bank...

I'm trading Iraqi stocks based in dinars so that if it isn't that much, they're cheap enough to burn