If you use stop losses then you are essentially gambling

[SimpleMeLike]

It is OK, none of us started as expert traders. If he keeps at it, one day he will achieve "generational wealth" (using @newwurldmn's definition), not just Lambo successes.

It takes time to turn the corner and you won't turn the corner without experiencing some failures.

What I like about @wxytrader is he can think out of the box. If he is more receptive to suggestions he will go far.

I was a failed day trader back in 2010 but found my niche in options a couple of years later because some kind ET posters helped me.

Now, many kind folks like @volpri, etc.... made helpful suggestions to help me and I am forever thankful.

Hello ironchef,

You are right. I'm extremely grateful for guys like @MarkBrown , @volpri ,and @wxytrader .

These are the guys that give some good ideas to try and make money in the ES futures market.

Just have to try all the trading ideas, cause you don't know what will make you million of dollars quickly. The traders making a million dollars a year trading, do not have time to help other traders, they too busy having fun and pleasing women. They don't need the headache trying to help other traders make millions.

Every trading idea is a good idea if money can be made from the idea.

My trading idea I can offer people is just to open the chart and click 1000 times a day until your eyes is sore and finger is numb. Eventually the money will rain on you.

 

[cesfx]

It is OK, none of us started as expert traders. If he keeps at it, one day he will achieve "generational wealth" (using @newwurldmn's definition), not just Lambo successes.

It takes time to turn the corner and you won't turn the corner without experiencing some failures.

What I like about @wxytrader is he can think out of the box. If he is more receptive to suggestions he will go far.

I was a failed day trader back in 2010 but found my niche in options a couple of years later because some kind ET posters helped me.

Now, many kind folks like @volpri, etc.... made helpful suggestions to help me and I am forever thankful.

The difference is, I learned from some your posts and threads. A couple of years ago you opened a thread about butterflies and understanding destriero, from that thread I read lot of history here and my knowledge improved.
Most of us are here to learn, we shouldn't play like we know it all.
I don't mind wxy, but when statements and show off start, I feel like I am watching someone on YouTube showing off a supercar and saying he makes money everyday on Forex working 10min a day...

Simple Like Me went from "I can't make money trading, but one day I will, whatever it takes" to "I have a profitable algo to sell you"....

 

[SimpleMeLike]

Simple Like Me went from "I can't make money trading, but one day I will, whatever it takes" to "I have a profitable algo to sell you"....

Hello cesfx,

I do not sell algos to any one or the public. I have stated that before. I offered someone an algo cause they was losing money on a thread, but I do not sell any algos publicly, too much work.

I will correct your statement to the below.

Simple Like Me went from "I can't make money trading, but one day I will, whatever it takes" to "I am ES Master and make money trading the ES."

 

[themickey]

......I like your no stop strategy, I been doing it the past week. Took a big loss yesterday, but still up. I like it.

If you don't use stop losses then you are essentially gambling recklessly!

 

[SimpleMeLike]

If you don't use stop losses then you are essentially gambling recklessly!

Hello themickey,

What is wrong with essentially gambling recklessly? As long as I make money in my bank account, I do not care what is it is called. Call it dancing ducks trading, gambling trading, hoping trading, getting lucky trading, praying trading, coin flip trading, ES trading, price action trading, options trading, KKK trading, Donald Trading, blah blah blah blah..... I do not care what you say, I wake up every morning to make money everyday.

If you want to call me a Gambling Trader, that is fine with me. I will own that title as Gambling ES Trader and Love every minute of it. As along as I make money. You guys keep on trying to work hard looking for perfection trading, not me. No stop loss trading for me it is, it works for me.

If it makes money, it makes sense!

 

[themickey]

Hello themickey,

What is wrong with essentially gambling recklessly? As long as I make money in my bank account, I do not care what is it is called. Call it dancing ducks trading, gambling trading, hoping trading, getting lucky trading, praying trading, coin flip trading, ES trading, price action trading, options trading, KKK trading, Donald Trading, blah blah blah blah..... I do not give a fuck, I wake up every morning to make money everyday.
If you want to call me a Gambling Trader, that is fine with me. I will own that title as Gambling ES Trader and Love every minute of it. As along as I make money. You guys keep on trying to work hard looking for perfection, not me. No stop loss trading for me it is, it works for me.

Congrats!

 

[SimpleMeLike]

Congrats!

Thank you @wxytrader . You are the Smart Man.

You call me ES Gambler @themickey , I call me ES Money Maker!

Who cares how the money is made in the ES market, just make it. You have to do whatever takes to make money, forget perfection. Takes too long and too much work trying to be a perfect trader.

 

[themickey]

Thank you @wxytrader . You are the Smart Man.

You call me ES Gambler @themickey , I call me ES Money Maker!

Who cares how the money is made in the ES market, just make it. You have to do whatever takes to make money, forget perfection. Takes too long and too much work trying to be a perfect trader.
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No argument from me.
If a trader riding a bycycle upside down on a tightrope makes money then so be it, what you and I do are not related.

 

[SimpleMeLike]

No argument from me.
If a trader riding a bycycle upside down on a tightrope makes money then so be it, what you and I do are not related.

Hello themickey,

Exactly!!!!!

The goal in trading is to make money doing WHATEVER it takes!!!! Steven A. Cohen did whatever it took to make money trading, now he owns the Mets baseball team. He did not care, he just want all the money!! We must think just like Steven A. Cohen when it comes to trading for money!!

We can not be like the USA KKK (Ku Klux Klan) members in trading and kill every trading ideas and discriminate on different methods to make money trading.

If it makes money, do it!!! Even if closing your eyes and clicking buy or sell button and praying, just make money!!!

If you keep searching for how to make money trading, you will eventually be 70 years old still searching and poor and not have million dollars to enjoy the life. Remember Padu who love Al Brooks and study all his books trying to be the perfect scholar trader, he never made it and now he is tired.

We do not trade to suffer, we trade to get rich QUCIKLYYYY!!!

 

[themickey]

......Even if closing your eyes and clicking buy or sell button and praying......

LOVE IT !!!