Demon-Haunted Trading

PPT = The GHOST of J P Morgan.

What does a Jew alien look like? There seems to be a lot of guys on Wall Street that have the 3 B's in common. Black hair, bulb nose and bubble butt. ...:eek:

And getting back to the theme of this thread, who complains more about a certain other trader in this forum and constantly complains about his own lousy trading and blames it on everything under the sun except looking at the real problem in a mirror?

Quick hint........his name is BITSTREAM..... :D

lets all have a better year next by indeed correcting some of this years mistakes. the challenge in trading is to constantly improve yourself. Good Luck
 
Look for a couple of big dumps toward the end of the year and you'll find out why there is a theory behind market manipulations. You see, the fund managers have to pump up the stocks and then sell off to show off some profits, I won't tell you the stocks but just look and you will find one soon.

There is also a reason behind some resent breakout due to what they called momentum funds, again it's up to you who are so experienced in the field to find ouy. good luck. There is no conspiracy here.
 
Deepfried,
I agree with you. I myself have made posts about this and people claimed I was "attacking" them. :)

However, I'm glad those sorts are market participants. I want them to be in it. I want people to listen to every word of the nightly Mad Money show. We need the frustrated traders. The one who refuses to take responsibility will fill your bids and offers. And fill your pockets too.



:D
 
" They weren't wrong, you see, it was the market maker, the specialist, the "Plunge Protection Team", the "Big Boys", the jew bankers, Bushitler, the Masons, Haliburton, and the Clintons, all conspiring against their trades." -DeepFried-

I didn't know the Clinton or Monica Lewinski was behind a market crash; since Lewinski is so hot I'll take it as a conspiracy. :D
 
Quote from DeepFried:

You sound a little defensive. Having trouble trading against the Masons and the Bilderburgs? :D

Comparing the LTCM situation to the average independent trader or even small to mid sized institutions is silly.
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No, it's just funny how many traders need to believe that their universe is "friendly" to get by. It's not so friendly, and you can make more money if you are comfortable with that, is all I'm saying.

Let me guess -- you go to church? Is this cruel world easier to handle if you believe in God? It's just a hunch, by your "jew" this and "jew" that :)
 
Quote from illiquid:


Let me guess -- you go to church? Is this cruel world easier to handle if you believe in God? It's just a hunch, by your "jew" this and "jew" that :)
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What are you trying to say?? That you cant be a Christian and a good trader?
 
Quote from stormins:

What are you trying to say?? That you cant be a Christian and a good trader?
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No, is that how it comes across?

On second thought, isn't thanking god for your profits the same as fearing demons for your losses?? :)
 
the markets are neither benign, evil, out to get you, or out to benefit you. they don't care about you.

they are the sum total of all investor, trader, hedger, speculator, orders placed together.

we ascribe anthropomorphic attributes to them, because that's a natural way for our psychology to look at things.

the markets are a price discovery mechanism. they are a way for capital to be allocated, value to be discovered, capital to be invested, etc.

they do NOT care about you. that works both ways. if you buy at X, the market drops 20 points and you are hoping and praying for it to come back to your buy point, the market doesn't CARE where you bought. nor does it know

manipulators are bogus. the market moves based on supply/demand. period.

stop blaming others for bad trades.
 
Quote from whitster:

...the market doesn't CARE where you bought. nor does it know
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Are you absolutely sure about that? :)

Even if no single entity may be personally targeting you, it's possible that you place yourself in a position where that just might as well be the case. In other words, sometimes traders by their own free will either choose or more passively allow themselves to become "targeted" victims.

Of course it's "silly" to stretch what happened to LTCM to the "average independent trader". But if you happened to be holding the same position as an LTCM during the same time period, isn't the end result the same? And wouldn't knowing the facts surrounding that situation, however unlikely, have aided you in your decision making?

Obviously I'm playing a bit of devil's advocate here, but sometimes it just feels like there are as many closet "random walkers" around these boards as those who believe in monsters beneath their beds.
 
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