Is anyone here profitable?

Quote from oldtime:

ah, you kids today, I liked something about the coyotes though that just came out in a fit of inspiration, it has to do with sustainability, "they never took more than they needed"

many of us are still looking for a viable exit strategy
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you bring up a good point.

making money is the easy part, wealth growth and preservation is another matter.

to add to that,

the entry is one thing, but the exit ultimately affects the P/L.

ahhh the art of speculation....
 
Quote from Ironplates:

you bring up a good point.

making money is the easy part, wealth growth and preservation is another matter.

to add to that,

the entry is one thing, but the exit ultimately affects the P/L.

ahhh the art of speculation....
More...
well, you can just do it Warren's way and never exit

sometimes the IRS will tell you when to get out

and sometimes the IRS will never let you out (unless you want to pay more than you ever dreamed was possible)
 
Quote from Ironplates:

you bring up a good point.

making money is the easy part, wealth growth and preservation is another matter.

to add to that,

the entry is one thing, but the exit ultimately affects the P/L.

ahhh the art of speculation....
More...

Never speculate, always follow your strategy!
 
Quote from Ironplates:

you bring up a good point.

making money is the easy part, wealth growth and preservation is another matter.

to add to that,

the entry is one thing, but the exit ultimately affects the P/L.

ahhh the art of speculation....
More...

The entry is the MOST important thing.
 
Quote from bornwarrior:

The EXIT is the MOST important thing.
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Nope, the reason why is that your chances of obtaining a profitable exit are much reduced if your entry is incorrectly placed.

Just common sense really, which many here seem to lack.
 
im not prfitable in the sense that i am 5 years consistent. :( :mad:

but ive discovered the holy grail and am up 25% since jan of this year... so time will tell.:cool: :D

i should double my money this year. Or else i am truly a failed trader.:eek: :eek:

it has been a long long journey and three aliases on elitetrader ago i thought it was so easy.. alas, young and innocent and naive:) :)
 
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