Confessions of a successful trader

Quote from TraderZones:

Confession#4 - I highly suspect you are NOT either of the bolded items in your OP above...

Unless you plan to post convincing proof of your self-anointed success.

We gets lots of these claims, and they are VERY rarely true.
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Confession #7, the longer I've been without a real job, while making more cash than I could if I had one, the less I care what anyone thinks about me, especially some poster on an internet message board.
 
Quote from Vespasian:

St. Louis thanks for sharing and I hope you know how blessed you are to have someone like your friend and a method that worked right out of the box. [/B]
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No confession there. I got really, really lucky and know it.
 
I confess that it has been decades since I felt any real guilt about anything that I have done or said.

I have taken joy in guiltlessly expressing a certain meanness by being as politically incorrect as I can possibly be.

I think the inability to feel guilt is what probably allowed me to remain a profitable trader.

I do not give a twit if I leave profits on the table. Leaving profits on the table is part of profitable trading. I think it was Baron von Rothschild who credited his success and his fortune with always selling too soon.
 
Confession#8. I reshorted aig today in double size after being smoked out for a large loss earlier in the day. The second trade almost never works for me yet I did it anyway.
 
Confession #1: Practice makes almost perfect

Confession #2: You will make much more and lose much less money trading with a team

Confession #3: Invest in yourself and your personal trading education, because no one is going to make you a successful trader.

I am not a grizzled veteran like some of the other folks i have seen on here but i have been at it a while and these are honestly the best lessons that i have learned thus far from a broad point of view.
 
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