I am thinking about going short in the YM late today 03.22.07

When you battle with what you think and feel and justify with the trader mentality that you have learned, then you are on the right track

And as Taleb says in "Fooled by Randomness" (p.222):

"The epiphany I had in my career in randomness came when I understood that I was not intelligent enough, nor strong enough, to even try to fight my emotions. Besides, I believe I need my emotions to formulate my ideas and get the energy to execute them."

"No matter how long I study and try to understand probability, my emotions will respond to a different set of calculations, those that my unintelligent genes want me to handle. If my brain can tell the difference between noise and signal, my heart cannot,"
 
MANAGE YOUR EMOTIONS...YOU CAN'T ELIMINATE THEM

For me...

1) This is why I automate Forex Retail Forex cannot steal from me anymore...they do not have a chance as I play their own game and actually react to what THEY do. lol...they would need to remove flow and straight-line their quotes to stop me...I will remove all excess and when they figure it out they will ban me

2) and why I autotrade options (TOS and a local Colorado options trader that I know does this for me..its really is "WHO" you know. I really love America...born in Burbank, CA.)

3)Equities I hold and measure in dividends and fundementals

4) I only speculate with Futures Hey! if your going to put it all on red...then do it with leverage...right?

5) Real Estate is losing for me....(go figure...I am a loser :))

6) The Hummer H2 depreciates unceasingly... I miss my 1990 Plymouth Voyager with simulated wood-grain siding, but it's kewl driving the Hummer :)

TYVM,ES
 
I am unbeatable, when I realized and accepted that I was a loser...

That is the place to be as you can "work" with it...

Dale Carnigie..go fuck yourself....I have never been so successfull at being a loser...I only had to realize it...

Thank you very much,
ES

your birth is a losing trade...you are born into sin...you cannot help it
 
I would not call you a loser. Anyone who keeps at is AND IS STILL IN THE BUSINESS is a winner. Perhaps a better description would be "one who has great respect for the market (and what it can do to one's account).
 
Guess what....I am dieing and so are you...


Quote from Bingoking:

I would not call you a loser. Anyone who keeps at is AND IS STILL IN THE BUSINESS is a winner. Perhaps a better description would be "one who has great respect for the market (and what it can do to one's account).
More...
 
Not getting any younger that's for sure. One's life is not measured by how much one has. Rather by how much one gives away. That includes good advice. "Give and it shall be given unto you, pressed down, shaken together, overflowing . . ."
And as the Apostle Paul said somewhere: "What do you have that you have not received."

Makng another run at the top. Good place to be short. But if anyone listens to what I say . . .
 
:)


Quote from Bingoking:

Not getting any younger that's for sure. One's life is not measured by how much one has. Rather by how much one gives away. That includes good advice. "Give and it shall be given unto you, pressed down, shaken together, overflowing . . ."
And as the Apostle Paul said somewhere: "What do you have that you have not received."

Makng another run at the top. Good place to be short. But if anyone listens to what I say . . .
More...
 
If you pull this off...well that is no way to LOSE...


Quote from Bingoking:

I had a buy stop at 839 and a sell limit at 840 that were recently triggered. So I'm short at a higher price near another top.
More...
 
I don't use any indicators. I just watch price, volume and sizes of contracts being traded in the book trader. It seems I can find entry points OK its the exits that I have a harder time with.
 
You must log in or register to reply here.
Back
Top