Desperation
- Thread starter HappyGoLucky
- Start date
Those that need so much help are beyond help. And this is certainly not a business for leaning on others.
The trouble is that noobs and previous failures say they are asking for advice when what they only want is new encouragement in their failed 'limp dick' quest or in their unrealistic dreamscape.
Not news: failure at succeeding is a constant for all but the few. But nevertheless most may well do good enough but only as employees.
Bottom line: the real world.
The trouble is that noobs and previous failures say they are asking for advice when what they only want is new encouragement in their failed 'limp dick' quest or in their unrealistic dreamscape.
Not news: failure at succeeding is a constant for all but the few. But nevertheless most may well do good enough but only as employees.
Bottom line: the real world.
Chuck,
You question my motivation. I guess it was a) to show him some appreciation (I actually told him I would at some point. b) A lot of people invested time and effort into reading and responding to this thread; I felt they deserved an update. c) I just kind of think it's nice that there are still people out there who take the time to help others.
As far as him having asked me to keep it confidential, that's the truth -- what does it have to do with readdressing this thread?
As far as being so busy with my new job -- I have been. That's what has prevented me from updating this thread earlier. I don't think it's nice when people start a thread asking for advice, receive it, and then just abandon it. It's a courtesy to respond to those who took the time to respond to you, and keep them abreast, IMHO.
I hope this makes some sense, Chuck.
Pekelo,
I'm not sure how you interpreted what I asked for -- indeed, I myself am not sure exactly what I was looking for. What I received, and I am grateful for ('pity factor' or otherwise) is some great advice on-thread (including yours), some eye-opening challenges that forced me to rethink and readdress how I approach trading -- which are worth at least as much as the advice. And some great advice off-thread, with some people sharing with me different ways to approach the market that I hadn't considered before, including what symbols to watch, what to look for, etc.
Is it a free lunch? Not really (at least I don't think so). I've come to realize that there is no set of rules that will instantly change my trading unless I put the time, effort, and work into it. But this thread, I hope, has given me a sense of direction, and the confidence to keep working at it, despite your emminent judgement that, "I think you should stick to something else... And that is the best advice anybody can give you on this board..." You're entitled to your opinion; I just hope others are not as quick to judge you as you do others (ref. Thunderdog's post, and Lescor, who went through a similar situation to mine, and once turning the corner, never looked back).
Quote from nkhoi:
one, there is the guardian angel, two, you don't have to look far for the clues, Mr. "T" & "A" , get it
Not sure I do get it. Sorry.
Edit: Do you mean T & A like Technical Analysis?
GTS,
I missed the last part of your post. I do feel like I've turned a corner, though I've still got a long path ahead of me. Good luck to you too.
ChiBondKing,
I agree with you -- I don't regret missing the tech bubble. And I do wish I had missed that bond collapse, but them's the breaks. Good luck to you too.
Hi Bitstream,
That was a copy of his PM. He said he could teach it to me in 5 minutes. In reality, we spoke for about 2 hours or more on the phone, going over the day's trades, and him explaining some of the nuances about how he trades. And as I said, for me, that's just the beginning. Now I've begun papertrading it, and backtesting it. After papertrading it for a few days, there's no question that I'm not ready to begin trading it with real money yet; as is always the case, things that appear obvious to someone who has been trading a certain stock in a certain way for some time aren't obvious to one who is just beginning to watch it, despite receiving guidance from an experienced trader.
I'm not sure if you saw my post, but I also did not say I am already making money. In fact, due to the advice of many even-keeled ETr's, among other factors, I'm not trading real money at all now, as I think I said. I was referring to the couple days I sim-traded the system.
Hope that clears things up.
Quote from Cheese:
Those that need so much help are beyond help. And this is certainly not a business for leaning on others.
The trouble is that noobs and previous failures say they are asking for advice when what they only want is new encouragement in their failed 'limp dick' quest or in their unrealistic dreamscape.
Not news: failure at succeeding is a constant for all but the few. But nevertheless most may well do good enough but only as employees.
Bottom line: the real world.
Cheese,
Despite your somewhat crass way of making your point
, I think it is well-taken. Something I and others should consider when asking for advice. By the time I posted the first post on this thread, I already knew, to some extent, that what I was looking for and what I really needed weren't necessarily one-and-the-same. Still, the process of posting, listening, responding, receving criticism, encouragement, and advice, has been helpful to me. I hope there are others who have benefitted as well.