Confessions of a successful trader

A friend of mine who is a successful trader sent a manual he wrote to a publisher. She returned it and said that she would publish it if he changed some things so that it fitted the conventional wisdom. I don't doubt that she knows her business (publishing what sells).

There is a lesson here.
 
Quote from StLouisTrader:

Trading individual stocks has been my full time profession for almost 7 years. I've made more money than I ever could have hoped for or expected. Confession #1 is I read the elitetrader site and sometimes even post. I think this is mainly due to bordeom. I'll follow with more confessions whenever I run out of anything else to do. Confession#2 is I believe very few people on this site actually make money. Confession#3 is I believe none of the gurus on this site or pretty much anywhere else can make money themselves or help anyone else do so over any extended period of time. I'd love to hear confessions from the other dozen or so successful traders on the site if u choose to share.

#1 After you trade futures, you never look back at equity trading, too boring;
#2 after you automate your trading system, you will never look back at discretionary trading, too much effort. :D
 
Quote from Pension_Admin:

I just want to know how you got started in trading and how much were you expected to make back then?

Any obstacles you had to go through or was everything a smooth sailing?

Thanks!

PA

not directed at me but I got my start in an analyst with an investment bank. Very good training and no risk of losing my job for first two years, however did do some time in back and middle office.
 
What is your point Stlouis ?
Is this a self stroke for your ego ?

I hear that to truly make more $ you have to go to Forex or Futures, yet you already made more money than you could have imagined, and have done so for how long ?
 
Somehow, I've managed to stay in the game full time for 30 years. I haven't figured that one out yet with all of the ups and downs. I concentrate on the grains, and leave everything else alone. So far it has worked for me, but then again......you're only as good as your last trade.
 
Quote from mokwit:

A friend of mine who is a successful trader sent a manual he wrote to a publisher. She returned it and said that she would publish it if he changed some things so that it fitted the conventional wisdom. I don't doubt that she knows her business (publishing what sells).

There is a lesson here.

mokwit,

I have a large collection of trading books. I wonder if your friend considered self-publishing? I've bought 3 ring binder type books from various authors. Nothing wrong with that style of publishing. In any event, what is the topic? I just might be the first buyer.

Regards,

JP
 
1# I've been in this business for the 1/5th of my lifetime, now.

2# I don't really work for myself anymore. I make more (or lose much less :p ) with a team. Fortunate that I foud the right one.

3# I'm a belgian, working remotely for an american private fund.

4# I'm quite good looking.

5# I've mostly dealt with Bobl and Schatz german interest rate futures, Eurex. Very few american individuals trade them.
 
Quote from themickey:

ooooooooooooooooooooohhhhrrrr

Can you post yur pic on the Daily Hottie.....?

On second thoughts, Fuggin' NOT !!!!!

C'mon Mickeymouse, fess up, what's your secret - genitalia malfunction?
 
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