Confessions of a successful trader

Quote from monty09:

I do not trade my own account but trade for a firm.

I do make money and get a bonus of pnl. I may not have the balls to go on my own but honestly I dont have the market knowledge to even try. Going on 4 years and have made my firm as well as myself money.

I think the one thing I learned is trading for me is not the sexy job people think. There is a lot of hard work and learning involved.
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agreed,

its not as flashy as the movies or pundits portray the job to be...

and yes, what it takes to be an independent trader versus a paid trader for a house are a completely different pair

they aren't the same....
 
hey stltrader, nice thread and congrats on your trading success.

since you're doing confessions, i'll add one of my own - its been a while since i made or lost the $40k in a day that seems your daily swing, but not as long as 99% of the other posters here. im happier with less swing and more consistency right now, but maybe one day i'll regain my comfort level. if i don't that's ok too.
 
Quote from prof. charles:

hey stltrader, nice thread and congrats on your trading success.

since you're doing confessions, i'll add one of my own - its been a while since i made or lost the $40k in a day that seems your daily swing, but not as long as 99% of the other posters here. im happier with less swing and more consistency right now, but maybe one day i'll regain my comfort level. if i don't that's ok too.
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Thx prof Charles:

I'm really not very happy w/the 40k swings in the context of how much I'm making. I think I should either be making the same amt w/20k swings or be making 2x as much w/my current 40k swings, so that gives me a goal to works towards. No doubt I need to increase my consistency and lower my losses.
 
Good morning:

Around the open, I'm looking to:

stx long around 16, long a lot below 16
xlnx short around 25
altr long below 20.80
azo long around/below 148
jnpr long around 27
 
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