i've lost 400k the last 2 months i'm quitting

[der_kommissar]

Quote from Pekelo:

To the OP, not to be mean, just objective:

There is an 80% chance that your story is BS, and there is a 100% chance that you are an idiot. Again, I don't mean to be offensive, but:

1. You said you have been reading ET for years, and you haven't learnt anything???? You are either the biggest idiot or your story is a lie. I go with the lie...

2. Blowing so much money in such a short time, I am sorry but again, just classifies you as an idiot. No plans, no papertrades, no small account trades first, no diversification?? You just jump in and bet the bank on 1-2 stocks??

If it happened, you deserved it, I am sorry. In real life the stupid gets eaten.

By the way, assuming a 2 to 1 margin, would you care to show which stocks fell 50% in 3 weeks???

Not to be mean, but just to be objective, you're the farking moron giving props to that mildly retarded moron, Marketsurfer.

Better take a look in the mirror pokeman.

 

[Pekelo]

Quote from der_kommissar:

Not to be mean, but just to be objective,

If you were objective, you wouldn't use a non sequitur...

Next please....

 

[kbeck]

repeat...

we would like to see broker statements, no names of course. and again, where did you get the money?

of course it's none of our business, but it is a pretty outrageious claim.

k

 

[polpolik]

Quote from Pekelo:



1. You said you have been reading ET for years, and you haven't learnt anything???? You are either the biggest idiot or your story is a lie. I go with the lie...

By this statement, the longer the time you spend on ET, the better chances of you making a blockbuster profit.

You should write a book based on this rationality.

LOL.

You are a punkass. People like you deserve to lose all their money and then some.

 

[tradewiz50]

Quote from hedgeking:

i've dropped 400k since may 10th and i'm throwing in the towell dead broke. i was long everything from mrvl to brcm and was margined huge. i just couldn't take a lose and now it's over. i wish all the best of luck

400K in 2 months? Wow hard lesson to learn about risk/money management. you got fucking owned!!!

But, like others have said here, it's a lie or your the biggest fucking retard north of the equator.

 

[tradewiz50]

Quote from hedgeking:

i'm in shock now to be honest and have no idea what i'll do. i've already started taking cash advances on my credit cards to live on the next few months till i figure out a course of action. i actually had some hope till yesterday and today as mrvl collapsed almost 10 pts

Take the business end of a .357 Magnum to the head. Problem solved.

 

[Pekelo]

Quote from polpolik:

By this statement, the longer the time you spend on ET, the better chances of you making a blockbuster profit.

Guys, please just once bring up a rational argument against me!

No, I don't expect anyone to MAKE a huge profit after having read ET for years. But I do expect NOT TO LOSE a huge amount of money in a short period of time!!! Slight difference...

But if you think the guy is legit, why don't you send him money, after all using your logic he sure wouldn't make the same mistake again??

 

[sgsaxton]

Quote from Pekelo:

Guys, please just once bring up a rational argument against me!

No, I don't expect anyone to MAKE a huge profit after having read ET for years. But I do expect NOT TO LOSE a huge amount of money in a short period of time!!! Slight difference...

But if you think the guy is legit, why don't you send him money, after all using your logic he sure wouldn't make the same mistake again??

To a person with a gambling problem the market is a casino.
A trade is a bet
A profit is a win and a great reason to double up.
A loss is a set back and an even better reason to double up.
And money/risk management doesn't exhist because the next bet is sure to be a winner.

Vegas was built and runs on this type of thinking. And to an extent, so does the market.

 

[Cesko]

Quote from der_kommissar:

Not to be mean, but just to be objective, you're the farking moron giving props to that mildly retarded moron, Marketsurfer.

Better take a look in the mirror pokeman.

What's the problem with Pekelo's post? He just said it the way it is. No touchy feely (the American way) but true.

 

[QQQShort]

Quote from Pekelo:

If it happened, you deserved it, I am sorry. In real life the stupid gets eaten.

In real life, we all become "stupid" at least a few times. Hopefully, we are lucky enough to survive our biggest mistakes. If not lucky, though, is being "eaten" the fate you wish when stupid eventually happens?