I finally Quit Daytrading after 5 years

It funny, when I watch those bruce lee snipets... I am impressed by the delivery, by the act... it was awesome. I want to know who his acting coach and agent and pr coaches were. What I see is an actor, selling his guruishness. His delivery was awesome. It was a beautiful act.

as far as content -- "be water my friend"..... what a bunch of fake zen garbage. Be a rehearsed "IED" my friend would make far more sense.

Bruce Lee was a rehearsed marketing IED, pretending he was being water.

It reminds me of the act all those those other martial arts guy used to get away with until... MMA.

Those guys must have had a martial arts acting school.

course 1. Become proficient at a martial art.
Course 2. How to pretend to be a wise man full of insight
course 3. how to pretend to be a mystic.
course 4, how to be pretend to be a guru.
course 5, how to get create a marketable product and cash in.
 
Quote from jem:

It reminds me of the act all those those other martial arts guy used to get away with until... MMA.

Those guys must have had a martial arts acting school.

course 1. Become proficient at a martial art.
Course 2. How to pretend to be a wise man full of insight
course 3. how to pretend to be a mystic.
course 4, how to be pretend to be a guru.
course 5, how to get create a marketable product and cash in.
More...

look very similar to trading school layouts doesnt it.

course1. I will teach you technicals
course2. I will teach you the flow of price
course3. How to trade with determinism and rock hard will
course4. The zen of trading
course5. Unfortunately there are those that will never be able to profit.. but teaching trading can be profitable to use what I have taught you my son.
 
Quote from nukethewhales31:

look very similar to trading school layouts doesnt it.

course1. I will teach you technicals
course2. I will teach you the flow of price
course3. How to trade with determinism and rock hard will
course4. The zen of trading
course5. Unfortunately there are those that will never be able to profit.. but teaching trading can be profitable to use what I have taught you my son.
More...


You miss the point completely to what Bruce Lee is saying. If anything, Bruce Lee was phrasing Lao Tzu.

"Nothing is softer or more flexible than water, yet nothing can resist it"

Learn to adapt and you will be successful.
 
I can't speak to the flexibility of water when entering and exiting trades... but I can speak to pop zen.

You can't trick yourself into profitable trading for very long.
it takes edge and or experience.
 
Quote from etile:

You miss the point completely to what Bruce Lee is saying. If anything, Bruce Lee was phrasing Lao Tzu.

"Nothing is softer or more flexible than water, yet nothing can resist it"

Learn to adapt and you will be successful.
More...

I dont really think that water is that soft.. if I were to belly flop into a pool of water it would hurt more than belly flopping into a pool filled with plush pillows.....and alot of things can resist water.. like a dam

seems like a pointless concept why not just say learn to adapt and you will be successful? cause they wanna sound like gurus.. its about the sell.
 
Quote from nukethewhales31:

I dont really think that water is that soft.. if I were to belly flop into a pool of water it would hurt more than belly flopping into a pool filled with plush pillows.....and alot of things can resist water.. like a dam

seems like a pointless concept why not just say learn to adapt and you will be successful? cause they wanna sound like gurus.. its about the sell.
More...

This is what day trading is like , imagine a day trader being a buffalo with a stop just behind his tail.How many times does the tail cross the stop?

And the head hurts all day long.Day traders are fighting the wind and sudden gusts.

http://www.youtube.com/watch?v=RJjZsVB4CIw
 
Quote from thesniper:

The first 2 years were unprofitable the last 3 years were profitable but I'm stuck in an 18 month long drawdown. I'm just too demoralized and tired of the stress to continue.
The money I can easily make back but all the time wasted impulsively gambling and all the life wasted from the stress - that I will never regain. No regrets, however - I learned lots about myself and the market. And fortunately, I have more than enough money to make it as a swing trader and investor so I will try that path the reminder of the year.
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You finally came to your senses and tested ATH outside of regular trading hours? Good for you! The real money was never in daytrading.
 
How can a day trader get stuck in a drawdown? Wouldn't you have exited by 4:00 pm? It sounds like you lost money from swing trading or some type of longer-term trading.
 
Quote from thunderbolttr:

How can a day trader get stuck in a drawdown? Wouldn't you have exited by 4:00 pm? It sounds like you lost money from swing trading or some type of longer-term trading.
More...

Lose one day, then lose the second day and so on. Drawdown doesn't just magically reset after you close your positions. Read the definition.
 
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