How to measure probability of side ways move

[taowave]

I love when traders blabber on about the powers of compounding..

 

[Overnight]

I love when traders blabber on about the powers of compounding..

You love it, because you know that people who tout it do not understand it. I tried to dip my toes into it early this year, and it ripped my fucking face off. I mean, I lost over a year's worth of profits trying it. It is no joke.

Anybody on this forum who claims that compounding is the way go for unlimited riches, is a bitches. They have NO idea. NO idea. NONE! They are NUTS! They know NOTHING!

 

[volpri]

ETF's, Funds, Wall St, Managers, Traders....they are all dumb money, as far as I'm concerned.
And individual, retail, traders are even Dumber money.

I don't compare myself to any of them.
That's like the inventor of Electricity or the Atom Bomb saying it's impossible....since no one else has done it.

Again, if a, rare, trader has understandings of his process....then he can grow into great things. The Golden Spiral of trading.

 

[VSTscalper]

How did you get my picture - thought that was removed from the internet.

 

[SimpleMeLike]

Compounding is, truly, the 8'th Wonder of the World,

Trade 1....100
Trade 2 ....200
Trade 3....400
Trade 4....800
Trade 5...2000
Trade 6....4000
Trade 7....8000
Trade 8....20000
Trade 9....40000
Trade 10....80000
Trade 11....200000
Trade 12....400000
Trade 13....800000
Trade 14....2000000

The skill, rarity, mastery, of course...is being relatively consistent and able to pull off those, winning, trades. And not many people have these traits, mindsets, and understandings to accomplish such a feat.

Hello MacBookProHo,

Nicee, make that money man. Make that damn money.

If it makes money, it makes sense.

 

[MacBookProHo]

Hello MacBookProHo,
Nicee, make that money man. Make that damn money.

If it makes money, it makes sense.

This forum kind of similarly reminds me of WallStreetBets, in a slight way. At the opposite, conservative, end of the risk/reward spectrum.

Everyone, essentially, shares the absolute mindset and is drinking the same party kool-aid. If there is a single adversary voice, that person is deemed a false, weirdo, outcast. If everyone here are losers, they all want everyone else to be similar losers.

 

[taowave]

I think we have a winner

I'm beginning to think you are the reincarnation of SPX Options Trader.

 

[SimpleMeLike]

This forum kind of similarly reminds me of WallStreetBets, in a slight way. At the opposite, conservative, end of the risk/reward spectrum.

Everyone, essentially, shares the absolute mindset and is drinking the same party kool-aid. If there is a single adversary voice, that person is deemed a false, weirdo, outcast. If everyone here are losers, they all want everyone else to be similar losers.

Hello MacBookProHo,

Yes, traders have to be opened minded to the trading game.

Money is money, who care how money is made. We have to trade our reality and figure out a way to get consistent profitable year to year for the next XX years, and we have to hurry up. Time is ticking.

I just applaud you for making money.

Congratulations.

 

[volpri]

This forum kind of similarly reminds me of WallStreetBets, in a slight way. At the opposite, conservative, end of the risk/reward spectrum.

Everyone, essentially, shares the absolute mindset and is drinking the same party kool-aid. If there is a single adversary voice, that person is deemed a false, weirdo, outcast. If everyone here are losers, they all want everyone else to be similar losers.

 

[SunTrader]

He has a calculator that broke when the first digit was an 8. He's the Sicilian.

Think he was 8 also when it happened. Parents won't get it fixed till he goes into H.S.