Is my career over?

traderdragon has pointed out more than enough.

You are dillusional, you write stuff that are obviously lies to yourself.

YOU DON'T UNDERSTAND, but you THINK you do.

That is your reason for failing.

You think you are better than the market.

Have you not noticed the amount of people jumping on you trying to tell you something, who are literally trying to prevent you from committing an almost equivalent of suicide that I'm sure have been true in some cases?

Gamble your money away though.
 
Enjoy your life lose as much as you want its your money & dont listen to anyone else. If there was one profitable person on this whole message board they would be trading & not wasting time and giving you advice. If all else fails you get up and try again.

Thanks,

Klem
 
Quote from JMowery1987:

[BYou need to read a lot of books. [/B]
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So your secret to success in trading is reading a lot of books. I gotcha...lol You probably never traded in your life before.

To be a trader is to be a gambler. Every trade you make comes with the possibility of loss no matter what your strategy is. So yes I'd have to agree that I am a gambler as every trader in the world is one.

Here's what your problem is: you resent someone like me. Someone who takes risks.

bottom line is that you won't make it in this business if you are not a risk taker. a risk-averse individual will match the averages at best.

I think that if you think that trading is not gambling then you are definitely in the wrong business. every trade you put on comes with the possibility of loss: is this not hte definition of a gamble?

Keep on reading your books. I'm sure you'll become a fabulous trader doing that.
 
Oh really? I guess you can pull more than 50% a year then, huh? Oh wait, your losing money like crazy, never mind :)

20% of a million is 200K a year.
50% of a million is 500K a year.
Median doctor pay is 155K a year.

I guess this is chump change to you. After all, you had a whole 30K :)

You really are hopeless. You are doomed from the start.



Quote from TruthSeeker247:

20-50% a year is not enough for a trader trading less than a million dollar account.
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Ummmm the market is closed right now and I already posted my 2K profit for the day :) Im running backtests all day long as we speak.


Quote from gdtrader:

Enjoy your life lose as much as you want its your money & dont listen to anyone else. If there was one profitable person on this whole message board they would be trading & not wasting time and giving you advice. If all else fails you get up and try again.

Thanks,

Klem
More...
 
Quote from TruthSeeker247:

So your secret to success in trading is reading a lot of books. I gotcha...lol You probably never traded in your life before.

To be a trader is to be a gambler. Every trade you make comes with the possibility of loss no matter what your strategy is. So yes I'd have to agree that I am a gambler as every trader in the world is one.

Here's what your problem is: you resent someone like me. Someone who takes risks.

bottom line is that you won't make it in this business if you are not a risk taker. a risk-averse individual will match the averages at best.

I think that if you think that trading is not gambling then you are definitely in the wrong business. every trade you put on comes with the possibility of loss: is this not hte definition of a gamble?

Keep on reading your books. I'm sure you'll become a fabulous trader doing that.
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YOU NEED TO READ A LOT OF BOOKS ON RISK MANAGEMENT...

You know what, your cocky ass attitude is done for me, don't even bother talking to me anymore, you are one cocky ass bastard you know that?

You think you are the hot shot on wall street.

Go do it then.

Go prove to the world how good you are.

You are already so amazing, where'as I've taken my licks but controlled my losses at the same time and put a lot of work into this.

I contribute to this forum daily.

You come up here now sounding like you know how to trade.

So you know what, go ahead and trade.

But don't talk to me like I don't know how to trade because TRADING is a LIFE LONG commitment, and I WILL ALWAYS......... ALWAYS, BE LEARNING NEW THINGS.

You got it figured out though.

You are pissing me off more than eSignal is now. You are taking it personally.

You don't deserve to be called a trader....

So SCREW YOU.... and I'm going to go back to reading my damn books and preparing myself for tomorrow.

You can sit here and brag all you want how you can put it all on the line

You just made yourself look like an asshole I hope you know.

I don't give a damn what happens to you now. Go blow it all my friend, go do it.
 
Quote from traderdragon:


I change my mind. You actually are more delusional than those horrible American Idol singers that swear they are great singers, even after 100 people told them they are really really bad :)
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sit tight on your $200k. That'll get you far. At least I have the balls to have an idea and put my money on the line to support it.

If you don't have risk-taking tendencies then you don't belong in this game. i advise you to take that $200k and open a pizza shop or something. Then you could probably still make your $363 per day without the risks associated with trading.

BTW, you should not alllow your confidence to depend so heavily on people. People have always underestimated me throughout my life; thought I was dumb or slow or whatever. Yet my educational background is probably stronger than 99% of the people out there. I recieved my BA in mathematics with honours and also attended Oxford University in England for a masters degree. Now do you think these accomplishments came through listening to what people are telling me I am capable of? When I one day post 400% montly returns over many years, do you think it will be because I listened to your advice? Or because I allowed myself to be bound by what the investment industry defines as the cap on yearly returns? SOME ADVICE: free yourself from the limits imposed by society. Let the limits define themselves.

You've done nothing but put me down on this thread. You are free to your opinions. It is true that I am in the beginning stages of trading. I am not afraid to lose money to learn lessons from the market. While some people would drop dead upon losing $30,000, I will move forward and continue trying. While others can not come back from a $30,000 loss, I willl. I don't give up.

You are clearly just another rat in the pack. Sit on your 200K and keep on making your $363 per day if that makes you happy. I'm looking for more and one day will find it. I don't see my $30,000 as a complete loss. I've learned a great deal about how powerful size can be and the punch such big size can pack.
 
"Sit on your 200K and keep on making your $363 per day if that makes you happy."

You know what, go f**k yourself.

He is going to be making more than you will ever dream of because he is consistent.

So go play your games.

I personally feel like an ass because I'm wasting time here feeding you to act like you good.
 
Quote from TruthSeeker247:

The problem with me is not a lack of knowledge of how the bond market works but rather a lack of money management skills. I need to cut my losses....that is the bottom line.
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No. It's not.

I am different from other people. I truly believe that ther is nothing that is impossible. I set "unrealistic" goals. I've always been that way and that will never change.
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That is your problem.

Lack of patience.

If everything good needs to come to you either at your pace or not at all, it will always be the latter.

You may make a few million on your way up trading the way you do, but you will certainly lose it all, eventually, if you never learn patience.

Either learn this lesson now while the going's cheap -- or learn it the hard, hard, way later on.

Just my .02
 
Quote from JMowery1987:

YOU NEED TO READ A LOT OF BOOKS ON RISK MANAGEMENT...

You know what, your cocky ass attitude is done for me, don't even bother talking to me anymore, you are one cocky ass bastard you know that?

You think you are the hot shot on wall street.

Go do it then.

Go prove to the world how good you are.

You are already so amazing, where'as I've taken my licks but controlled my losses at the same time and put a lot of work into this.

I contribute to this forum daily.

You come up here now sounding like you know how to trade.

So you know what, go ahead and trade.

But don't talk to me like I don't know how to trade because TRADING is a LIFE LONG commitment, and I WILL ALWAYS......... ALWAYS, BE LEARNING NEW THINGS.

You got it figured out though.

You are pissing me off more than eSignal is now. You are taking it personally.

You don't deserve to be called a trader....

So SCREW YOU.... and I'm going to go back to reading my damn books and preparing myself for tomorrow.

You can sit here and brag all you want how you can put it all on the line

You just made yourself look like an asshole I hope you know.

I don't give a damn what happens to you now. Go blow it all my friend, go do it.
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I'm open to comments that are helpful but will not accept your contention that I am doomed to failure. telling me that is not helpful at all. Thanks for trying to help me. I appreciate your efforts, I really do.
 
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