JIM Cramer is posting on ET
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Some of the greatest macro traders are think type traders.
The ones that succeed are the ones that a) have enough education or intelligence to think somewhat correctly, AND b) have excellent money and trade management skills, AND c) have a realistic assesment of the time frame they need to be trading in.
There were many poeple last year who were 100% correct in anticipating the prtoblems that have started to matter to the equity markets this year even while many on WS and in the Gov were saying things were great. Most lost money because they did not correctly assess the time frame they needed to be trading on, months not weeks or days.
Failure in trading for those who have a basic idea of what they are doing usually comes from a mismatch between their edge, their time frame, and/or their money management.
The ones that succeed are the ones that a) have enough education or intelligence to think somewhat correctly, AND b) have excellent money and trade management skills, AND c) have a realistic assesment of the time frame they need to be trading in.
There were many poeple last year who were 100% correct in anticipating the prtoblems that have started to matter to the equity markets this year even while many on WS and in the Gov were saying things were great. Most lost money because they did not correctly assess the time frame they needed to be trading on, months not weeks or days.
Failure in trading for those who have a basic idea of what they are doing usually comes from a mismatch between their edge, their time frame, and/or their money management.
Mvic, I hope you don't think I think anyone should take a trade because they get some wild-hair up their butt? I may logically think with facts and believe the market is going-up over a period of time with all indications saying so. However, there can come a shift with the tools I as traders use, which begin to intuitively tell me otherwise.
It is when we begin to "see" the change and we are given the opportunity to act on the change we are seeing. It is at this point the argument between our left-side "thinking" brain begins to overpower our right-side "feeling" brain. It is when we go long instead of short or short instead of long. It is when we hold instead of exit or exit when we should have held.
It is when the field-goal kicker missed because he thought about the crowd, instead of just kicking the football through the uprights.
It is when we begin to "see" the change and we are given the opportunity to act on the change we are seeing. It is at this point the argument between our left-side "thinking" brain begins to overpower our right-side "feeling" brain. It is when we go long instead of short or short instead of long. It is when we hold instead of exit or exit when we should have held.
It is when the field-goal kicker missed because he thought about the crowd, instead of just kicking the football through the uprights.
The painting(cough cough), where did you get that . NY0B is a trader who iam trying to help for the past few months he had + days but after a year nothing to show for it, he's coming along. And we all see the Level II different some see the big order other see the game within the game. Keep it simple and the bottom line is making money. Some are just wet behind the ears, just never piss on a bee's nest (and respect the screen)
what does a gorilla do with 100 mil in bank?
anything he wants, get REAL
he's your superior till you prove otherwise (ie that you got 101 mil) OTWSTFU Ha
anything he wants, get REAL
he's your superior till you prove otherwise (ie that you got 101 mil) OTWSTFU Ha
exactly. this isn't EliteCharity is it? If after 10 yrs max you ain't driving a late model VETTE or a VIPER your a looser, period lol
make all excuses you wish, say you loove jesus more, whatever, but here on earth your a looser
CRAMER IS WORTH A 100MIL, YOU CALL THAT A LOOSER? LOL, i want to lose that badly, please