i quit trading

[ammo]

i can't imagine the work load running a fulltime website and trading full time,i think tim knight on slope does well and little if any site revenue,he may be an exception,you would think that your trading would suffer, you would have to be pulling in the difference from the website and it would have to be higher than you earned previous to the site

 

[Roark]

How does Robert Weinstein manage it? He trades, maintains a blog, and writes articles for SeekingAlpha.

 

[smilingsynic]

Quote from Roark:

Check out this trader's <a href="http://highprobability.blogspot.com/2011/02/i-quit-trading.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+HighProbabilityTrading+(High+Probability+Trading)">blog</a>. Does this post sound familiar:

<blockquote>After 6 years of trading, I quit. I have several hundred comments waiting to be published, and I don't know when or if I will ever get to them. I'm quiting trading because I make the same disasterous mistakes over and over and I'm too stupid and stubburn to fix myself. I feel like a complete failure quiting trading at this point. I've spent thousands of hours in front of these computer screens trying to make a living, but it is all at a total loss because I can't manage risk well. Farewell traders!</blockquote.

I thought he already blew up already.

http://www.youtube.com/watch?v=vIMwMsY0ndo

Yes--I am pretty sure it was him.

 

[nkhoi]

Quote from smilingsynic:

I thought he already blew up already.

http://www.youtube.com/watch?v=vIMwMsY0ndo

Yes--I am pretty sure it was him.

yes, I remember it well I was long too because after 3 down days it had to go up, right? little did we know a French brokerage was unwinding their rogue trader's positions the whole night.

 

[momoNY]

Quote from Fireplace:

You mean Gaddafi, right?

I think he meant Qaddafi ;-)

 

[Eight]

Quote from smilingsynic:

I thought he already blew up already.

http://www.youtube.com/watch?v=vIMwMsY0ndo

Yes--I am pretty sure it was him.

I really, really, want to read some blogs.. no really...

I watch that video every so often hoping that it will motivate me to find the chinks in my armor. The guy is highly leveraged over the weekend and when things go wrong he's mad at the markets. There must be a Myers Brigg personality type that is good for trading, but whatever it is, it's not him.

 

[volente_00]

Quote from Eight:

I really, really, want to read some blogs.. no really...

I watch that video every so often hoping that it will motivate me to find the chinks in my armor. The guy is highly leveraged over the weekend and when things go wrong he's mad at the markets. There must be a Myers Brigg personality type that is good for trading, but whatever it is, it's not him.

INTJ is best suited IMHO.