ES Journal Archive (2009 - 2010)

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Quote from emg:

You sound like Robert Kiyosaki (Rich Dad, Poor Dad). He makes money by holding seminars. His book is no different than a college tech book Finance 101.

The best philosopy in trading is coming out of your own experience. Like i said, you believe that es is easy

I don't hold seminars, write books or make money from trading by any another means than the art of trading ... ie buying and selling contracts.

All I know is that when you enter any new venture, the first people to greet you are those who have been less than successful and either want to make a buck from your innocence or see you fail.(it makes them feel better)

The people you want and need to meet are approachable but they do not need you.

And so if people either see you as shark bait or regard you with a detached indifference until you have proven yourself, nothing is going to happen in this business until you make it happen.

The clustering behaviour at ET will provide people with some good clues to follow through with and at the same time it will reinforce the doubts already building in their mind.

How they handle this complex situation is entirely their affair.
The most popular approach seems to be to ridicule other posters, which simply reinforces the doubts in their own mind.

Probably for many people, learning to trade is the first time they have really come across themselves and their complete lack of understanding causes them to attack others.

Yes there is a high attrition rate with trading, more so with day trading I imagine.
 
Quote from jorgez:

I don't hold seminars, write books or make money from trading by any another means than the art of trading ... ie buying and selling contracts.

All I know is that when you enter any new venture, the first people to greet you are those who have been less than successful and either want to make a buck from your innocence or see you fail.(it makes them feel better)

The people you want and need to meet are approachable but they do not need you.

And so if people either see you as shark bait or regard you with a detached indifference until you have proven yourself, nothing is going to happen in this business until you make it happen.

The clustering behaviour at ET will provide people with some good clues to follow through with and at the same time it will reinforce the doubts already building in their mind.

How they handle this complex situation is entirely their affair.
The most popular approach seems to be to ridicule other posters, which simply reinforces the doubts in their own mind.

Probably for many people, learning to trade is the first time they have really come across themselves and their complete lack of understanding causes them to attack others.

Yes there is a high attrition rate with trading, more so with day trading I imagine.

Thanks for the Super Size Fries.

Now I just have to steal a Coke and enjoy a complete value meal.
 
Quote from F112358:

Thanks for the Super Size Fries.

Now I just have to steal a Coke and enjoy a complete value meal.

Good on you.
You stay with whatever makes you feel comfortable
 
is it possible that fund managers will sell and capitalize profits on 3/31 to reflect 1st quarter??

although the bulls have been winning, its been a weak push the past few trading days.. where will new steam come from?
 
Quote from OTCkrak:

is it possible that fund managers will sell and capitalize profits on 3/31 to reflect 1st quarter??

although the bulls have been winning, its been a weak push the past few trading days.. where will new steam come from?

A pullback is already underway... it will get the boiler stoked again for the run to 1200+

The powers that be are making sure the markets close up or flat even though there is a fair amount of selling going on. Pretty soon the selling will be much more conspicuous. That's when it gets interesting :)
 
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