i don't think the markets are random, i think they're like this...
- Thread starter Gordon Gekko
- Start date
That is EXACTLY why he will get his lunch eaten!
Forget it Gekko. Don't think too much after hitting the bong or the sauce. It really is simple. The market goes up, or down, or does not do much of anything. The indicators won't tell you what it is doing until it a move is is pretty well on its way, but price will.
Follow price until it tells you to fuck off, then wait and see where it wants to go.
Follow price until it tells you to fuck off, then wait and see where it wants to go.
Gekko you don't need to know in order to get into harmony with her, YOU ARE GETTING IN YOUR OWN WAY!
just go out there and trade bro, forget everything and JUST DO IT!
just go out there and trade bro, forget everything and JUST DO IT!
Yep. Karma plays havoc with your trading and your head. I've made a lot of money over the past year trading ES, and I've lost a lot of money. The main thing I noticed is when I started talking to other people about how easy it was - how it was like printing my own money - how I had found "the system" - almost immediately after that I'd lose my ass. The more talking you do the more likely you are to let a loss run on you. Now I talk about nothing - I don't set myself up for failure.
I know a guy that makes 20K a month. He trades through Cyber Trader and uses no charts what so ever. His total systems consists of a program called Market Tones. Converts any action that you want to program into musical notes. Example 2000 shares of INTC hit at the bid plays d flat Hit at the ask plays d sharp. He trades only 3 stocks and and listens to the music of the market. He trades in the dark and usually smokes 1-2 joints before market opens. He sits in an old oak swivel chair with his back to the monitor and stares at a blue and black poster of the universe. when he hears the right music he goes long the basket of stocks. If the market is sounding flat he shorts. He only trades until 10:07 he says this was the exact moment that the universe was created. He got into trading because in 1994 when he was high on mushrooms his cat actually spoke to him and told him that "trading was the only peaceful battle."He bought an island off the coast near Nova Scotia and is going to retire at 10:07 on December 31st the end of this tax year. He flies a Hughes 500 helicopter from his home in Newfoundland to his Island every weekend. I asked him what his secret was and he told me that It was His ........ Got to get the phone will finish this post later
The above post is totally fabricated. I just thought you all needed a break from your boredom. Happy trading!! Nas 