Great Traders Have no Morals

Quote from brocklanders:

Thanks to God for free will.
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:)
Quote from nutmeg:

Hey, if you don't like my principles, well... then.. I have other principles.
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:)

Yep, that's the whole point of the exercise ... you'd be amazed at how many "people" don't "get it" though.
 
I am struggling to believe that we have principles and stock market in the same sentence. There are no principles, rights or wrongs in the stock market - it just is. The market doesn't give a fk about you or anyone else.

Great traders are impartial, they don't care if the market goes up or down. They are one with the flow and thats about it.
 
Quote from pneuma:

I am struggling to believe that we have principles and stock market in the same sentence. There are no principles, rights or wrongs in the stock market - it just is. The market doesn't give a fk about you or anyone else.

Great traders are impartial, they don't care if the market goes up or down. They are one with the flow and thats about it.
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Very well said, Sir!
:cool:
 
Yes it is wierd Mvic..

Wow .. you guys are on egde!? The point was the 90% traders losing Money are probably trading what they believe against the 10% that know how Wall Street Works... Some poor soul bought CALM at $40 yesterday on Great earnings from someone else... They think they've been swindled..

It's like going to Washington with intentions of changing the place, but sooner or later...

And I did fine today.. Long.
 
Quote from retire45:

In order to consistently do well you can't be a person of principle, doing the right thing all the time. One of principle would have been shorting all day today and will keep doing so until he/she is proved right.

By making money long Today you were part of a crime and are no different from those crooks on Wall Street.
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Robin Hood does not feel this way :)
 
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