closing my trading account today

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"If I ever reach 'Elite' status - I've given my wife instructions to simply shoot me."--Johnny Rotten

Well you hypocrite loser...27.80 posts per day will get you there very quickly.
 
Quote from VOLUME:

"If I ever reach 'Elite' status - I've given my wife instructions to simply shoot me."--Johnny Rotten

Well you hypocrite loser...27.80 posts per day will get you there very quickly.
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LOL
 
Quote from agin1415:

Day Trading is all about buying power. You cannot Day Trade with a small account.

If you have 200K in buying power you have a chance, because you can average up or down.

But the guys making a killing are fearless and they have LARGE buying power, anywhere from half a million on up.
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Agin,

Sorry, I disagree. I think "averaging" when a position is going against you is the wrong way to go for most people, myself especially included. I always thought the idea was to get out of the way of an oncoming train.

You refer to large buying power. Unless you are planning to move markets (which I assume you are not, certainly not with 200K), I think you are implying very large stop losses. That may be one way to trade, but it is certainly not the only way. If anything, I think it is riskier. But that is a matter of opinion.

I think that trading is scalable. (I heard someone once refer to it as "equivariant.") True, 2K is too thin, but your suggestion of 200K as being a minimum sounds to me like overkill. Nice number, though.

Regards,

Thunderdog
 
Quote from VOLUME:

"If I ever reach 'Elite' status - I've given my wife instructions to simply shoot me."--Johnny Rotten

Well you hypocrite loser...27.80 posts per day will get you there very quickly.
More...
The difference you ignorant dimshit is that 20 of those 27 are trading related on a different thread. Whereas your shit is 100% worthless crap across all threads. If there's anything worse than a wanker, it's a fucking kiss-ass wannabe wanker with fuck all to say.

Now I really must be going because this fucking thread is by invitation - wankers only.
 

Quote from Gordon Gekko:

i can already see the responses now from dbphoenix, etc. i'm looking for sympathy, blah blah blah. i'm gonna state right now, i don't care what negative responses i get in this thread.
--------------------------------------------------------------------------------

Response from dbphoenix:
To the contrary, I'm completely supportive. I said a long time ago that you should quit. I'm glad to see that you're doing so.
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Phoenix, you can be such an ass sometimes! :p

~Scientist
 
Gordon,

It's good to get things off your chest. Now that you've done that, pause and take a break. Don't make any major decisions right now. Step back and get some perspective. In due course, you'll know what's right for you, trading or otherwise, and you'll be on your way again. Good luck to you.

Regards,

Thunderdog
 
Quote from Johnny Rotten:


The difference you ignorant dimshit is that 20 of those 27 are trading related on a different thread. Whereas your shit is 100% worthless crap across all threads. If there's anything worse than a wanker, it's a fucking kiss-ass wannabe wanker with fuck all to say.

Now I really must be going because this fucking thread is by invitation - wankers only.
More...


bwhahahahahahahahahahahhaa!! RIGHT AGAIN!:D :D
 
1 - Open a Forex or minis account
2 - Sell very (very very) out of the money options (1 month to expiration)
--> Hedge buying underlying if needed (shouldn't be often)
3 - Get a job
 
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