You are suggesting that much of your trading decisions are intuitive tempered by years of experience? My opinion here doesn't mean much but this makes perfect sense to me.
A few hard and fast rules, then trust your instinct.
Has ET reached the Tipping Point?
- Thread starter Xspurt
- Start date
You are suggesting that much of your trading decisions are intuitive tempered by years of experience? My opinion here doesn't mean much but this makes perfect sense to me.
A few hard and fast rules, then trust your instinct.
poof.
What he said, 'cept I'm a relative baby compared to him. Also, I don't think I've ever even thought about the complain button, I just put the ones I don't like on ignore.
You always have to pick through knee-deep - or even neck-deep - crap to find the good stuff.
But if you're in the market you already knew that.
This place is like any other forum, it puts on display all the faults of folks you would argue with in real life. I vividly remember going point by point through some conspiracy-monger's post and proving it wrong from top to bottom, having that poster acknowledge it, and then seeing him post the same stupid crap less than a month later, regardless.
Whatever.
It's all free, and worth every penny. Sometimes you can make out on that trade. Those times make up for all the rest.
Yeah,
I miss the old ET.
That's why I hardly post/visit anymore.
Once upon a time there were some real gorillas here... I think they still come around for entertainment /nostalgia value but if they are still here its hard to say due to the lack of discourse.
I think it is more of an indictment of the shrinking pool of traders and folks with liquid capital. Symptoms of the entire hollowing out of the middle we have seen across our entire society. Retail trading is moribund, and MF Global, PFG don't help the industry either as retail stock traders who get their feet wet at schwab don't graduate to futures, etc... and in fairness, how can you blame them trying to compete against the HFT's where the barrier to entry is quite high, indeed.
But as with all things, the pendulum swings, and perhaps at one point, everyone will want to be a speculator again. And ET will thrive with new blood (waiting to be led to the slaughter, obviously). The 2nd oldest profession waxes and wanes (Equities in Dallas anyone?) and it just seems that traditional trading instruments are out of favor. The problem is that to access the stuff that's now fun (CMO's, CDO's, HFT), you need to be an institutional or a well-capitalized HF. Not for grandma's IRA.
But anyway, thanks for the memories...
I miss the old ET.
That's why I hardly post/visit anymore.
Once upon a time there were some real gorillas here... I think they still come around for entertainment /nostalgia value but if they are still here its hard to say due to the lack of discourse.
I think it is more of an indictment of the shrinking pool of traders and folks with liquid capital. Symptoms of the entire hollowing out of the middle we have seen across our entire society. Retail trading is moribund, and MF Global, PFG don't help the industry either as retail stock traders who get their feet wet at schwab don't graduate to futures, etc... and in fairness, how can you blame them trying to compete against the HFT's where the barrier to entry is quite high, indeed.
But as with all things, the pendulum swings, and perhaps at one point, everyone will want to be a speculator again. And ET will thrive with new blood (waiting to be led to the slaughter, obviously). The 2nd oldest profession waxes and wanes (Equities in Dallas anyone?) and it just seems that traditional trading instruments are out of favor. The problem is that to access the stuff that's now fun (CMO's, CDO's, HFT), you need to be an institutional or a well-capitalized HF. Not for grandma's IRA.
But anyway, thanks for the memories...
I haven't read this in full. But I agree with the OP completely this is post number 12 for me, and the reason I rarely post is because anything you have to say is just criticized. I faithfully read ET posts everyday during my boring classes, but I am beginning to find most forums go no where fast and just end with people bashing each other. I have learnt almost everything I know about trading from (as little as it may be) this site and its a shame to see it go down hill.