I'm Home MaMa
- Thread starter super_ego
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Brother Super_TraderX_Ego,
Let's have some fun on this board,
Fraternally yours,
Candle
Let's have some fun on this board,
Fraternally yours,
Candle
SuperEgo Quiz:
If a stock is bid 5.38 by 6.22 at what price will you (try to) enter the market?
None. It's a piece of crap, illiquid small stock that's not worth my time. However, if a gun was pointed at my head I'd buy on the bid during a pullback.
Do you know what forces drive the market? (don't say supply and demand, please!)
Fear and greed.
Do you know the difference between a mathematical indicator and a data-compiled indicator?
They CAN be one and the same depending on several factors. Generally though, a data-compiled indicator is usually one that was developed by backtesting with historical data. A mathematical indicator is not derived that way.
How many times per day do you get SCARED to take a position? (be truthful)
I'm never "scared" to take a position. I will back down many times a day because I think the risk/reward is not favorable.
How many times per day do you fight the daily trend?
I TRY not to fight it, but sometimes it doesn't work out that way.
What was your last trade?
Long 2000 SPY in the mid-afternoon of July 3. Sold them for about 40 cents profit.
Did I pass the quiz?
If a stock is bid 5.38 by 6.22 at what price will you (try to) enter the market?
None. It's a piece of crap, illiquid small stock that's not worth my time. However, if a gun was pointed at my head I'd buy on the bid during a pullback.
Do you know what forces drive the market? (don't say supply and demand, please!)
Fear and greed.
Do you know the difference between a mathematical indicator and a data-compiled indicator?
They CAN be one and the same depending on several factors. Generally though, a data-compiled indicator is usually one that was developed by backtesting with historical data. A mathematical indicator is not derived that way.
How many times per day do you get SCARED to take a position? (be truthful)
I'm never "scared" to take a position. I will back down many times a day because I think the risk/reward is not favorable.
How many times per day do you fight the daily trend?
I TRY not to fight it, but sometimes it doesn't work out that way.
What was your last trade?
Long 2000 SPY in the mid-afternoon of July 3. Sold them for about 40 cents profit.
Did I pass the quiz?
1. feel like I'm being approached by a timeshare huckster in Ft. Lauderdale knowing I'm going to get screwed but the free meal is too enticing so I bite. So in this case I'll take the offer if the trend is up, and short the bid if trend is down; then feel like sh_t right away.
2. profit motive-I'm in it to make money so I have to believe everyone else is. But I realize Wall ST is Madison Ave-one big selling machine.
3. Data-compiled is appropriate only to the medium being studied and tracks its movement; whereas a mathematical formula is universal and can be applied across many disciplines.
4. never scared, always concerned I might be forced to partake in the early-bird specials here in FL if I lose money.
5. once; if my first pos is under water I go other way and continue to press it until that pos fails etc.
6.Mark Anthony said I didn't believe it, but I could feel it. Yest was a trend day so I let my pos from prev days run and closed some at eod, however tip toed around by buying/selling MSFT twice during day for minor profits compared to id move. cela vie.
Visions of babes running through my head keeps me real!!
2. profit motive-I'm in it to make money so I have to believe everyone else is. But I realize Wall ST is Madison Ave-one big selling machine.
3. Data-compiled is appropriate only to the medium being studied and tracks its movement; whereas a mathematical formula is universal and can be applied across many disciplines.
4. never scared, always concerned I might be forced to partake in the early-bird specials here in FL if I lose money.
5. once; if my first pos is under water I go other way and continue to press it until that pos fails etc.
6.Mark Anthony said I didn't believe it, but I could feel it. Yest was a trend day so I let my pos from prev days run and closed some at eod, however tip toed around by buying/selling MSFT twice during day for minor profits compared to id move. cela vie.
Visions of babes running through my head keeps me real!!so, what are the mistakes everyone is making?
although i am skeptical, this should be an interesting thread. i applaud your willingness to teach, if indeed you are for real.
i have this feeling we will see more of him very soon
The "market" does not count on anything. It does not know that you or anyone else exists, and it does not care.
Elvis
Originally posted by nkhoi
don't matter if mojo-ego is real or not, this thread is very entertaining. that was wicked, best laught I had in days
I am glad to see that you are up and running and using these boards to get a good laugh. Here is a good laugh for you, you make no money! Isn't that funny. I read on these very boards that, "the average trader makes less money than a McDonald's employee." Whoever said that was right.
So that would explain the jokes that reference the fast food atmosphere. Cause when your money is gone (taxes, girlfriend/wife, bad trades, etc.).....IT IS GONE. I have been there and I know. If you don't know how to come back from that situation, you become really screwed.
Welcome my japanese friend, nkhoi.
super_ego
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