Journal

[nonpln]

How are you so poor that you are thinking in terms of 200 equity balances?

this whole endeavor isn’t worth anyone’s time unless they can earn 5x what they can doing something else. Or they are so rich money doesn’t matter.

It’s too risky. You’ve only been trading for 6 weeks. You will get clobbered; everyone does.

It's the exact opposite of what you're thinking. You think it's risky because of the way you trade. Look at your wording. In your own words your admitting your advantages are coming from time and money.

Neither of those are factored into what I am doing. Of course when I have the ability to, then I will also take advantage of them.

It's a simple, but very effective risk management system I built. That's where a lot of the edge is coming from. You could equate it to people who take small profits, but large losses. Essentially I am doing the opposite of that, but have the mental fortitude to actually follow the rules(where most people don't). Layered on top of that is additional information that actually puts the math in my favor. Given those factors it's incredibly difficult for me to end the day negative as long as I don't over leverage.

Today is the perfect example. Knew today would be rough and I traded poorly overall. Still ended up net positive.

 

[newwurldmn]

It's the exact opposite of what you're thinking. You think it's risky because of the way you trade. Look at your wording. In your own words your admitting your advantages are coming from time and money.

Neither of those are factored into what I am doing. Of course when I have the ability to, then I will also take advantage of them.

It's a simple, but very effective risk management system I built. That's where a lot of the edge is coming from. You could equate it to people who take small profits, but large losses. Essentially I am doing the opposite of that, but have the mental fortitude to actually follow the rules(where most people don't). Layered on top of that is additional information that actually puts the math in my favor. Given those factors it's incredibly difficult for me to end the day negative as long as I don't over leverage.

Today is the perfect example. Knew today would be rough and I traded poorly overall. Still ended up net positive.

Ok. If you say so…

I’ve heard your story 100 times before from junior traders and people on this board. Maybe you’ll be different.

still you can make 200 dollars a day working at a McDonald’s.

 

[nonpln]

Ok. If you say so…

I’ve heard your story 100 times before from junior traders and people on this board. Maybe you’ll be different.

still you can make 200 dollars a day working at a McDonald’s.

Correct but that would not afford me the time to develop and forward test it as well. That or I'd have to neglect other things that really can't be neglected.

Really? you've seen 100 people here willing to meet in person and trade in front of someone live? If this is factual information, can you point me to a couple of them here?

 

[nonpln]

@poopy wow you are a good troll I admit it. First you post a screenshot in hindsight to make a point while asking me if I am joking(Literally laughed out loud because all the shit you give people for "standard" stuff and you do the classic wait till market is closed to post a hindsight chart). Then you delete it.

Next you claim price hit the area prior to me saying that (which even if it did, that would not invalidate that being a great place to take profits, as price did revisit the general area).

To be factual though I posted it at least 12 minutes before it hit. I calculated it via a custom method. Could care less if it matches something you have, just made up or not. Totally irrelevant to me. The method I use is consistent and works. That's all I care about.

 

[poopy]

@poopy wow you are a good troll I admit it. First you post a screenshot in hindsight to make a point while asking me if I am joking(Literally laughed out loud because all the shit you give people for "standard" stuff and you do the classic wait till market is closed to post a hindsight chart). Then you delete it.

Next you claim price hit the area prior to me saying that (which even if it did, that would not invalidate that being a great place to take profits, as price did revisit the general area).

To be factual though I posted it at least 12 minutes before it hit. I calculated it via a custom method. Could care less if it matches something you have, just made up or not. Totally irrelevant to me. The method I use is consistent and works. That's all I care about.

What are you blabbering about? 12 minutes before what hit?

 

[maxinger]

This is very confusing to me? I thought people we're just being negative in order to toughen me up and prepare me for the challenge. You mean they are actually truly rooting for me to fail?

Some members have a negative mindset in their subconscious and unconscious mind.
Whatever comes out of their mouth is nothing but negative.

Some members just lost tons of $$$$ from trading/investing.
Or they miss earning tons of $$$$ from trading/investing.
So they will bash anyone in their way.


Some members post lots and lots of Journals.
eg @expiated posted > 40 Journals.
He hardly gets any responses.


> 90% of the investors/traders can't make it.
So you can imagine how many angry investors/traders (who can't neutralize
their negative emotions) out there.


Anyway, your Journal is not a journal anymore as there are too many negative responses.
You can ask the administrator to delete or lock it.

 

[nonpln]

Some members have a negative mindset in their subconscious and unconscious mind.
Whatever comes out of their mouth is nothing but negative.

Some members just lost tons of $$$$ from trading/investing.
Or they miss earning tons of $$$$ from trading/investing.
So they will bash anyone in their way.


Some members post lots and lots of Journals.
eg @expiated posted > 40 Journals.
He hardly gets any responses.


> 90% of the investors/traders can't make it.
So you can imagine how many angry investors/traders (who can't neutralize
their negative emotions) out there.


Anyway, your Journal is not a journal anymore as there are too many negative responses.
You can ask the administrator to delete or lock it.

It's really ok. I'll do the journal on my own time anyways. Most important thing for me is to trade properly right now, not spend time debating with people about what, when or how I post. Frankly my edge is clear and strong enough that it can over ride the negativity.

 

[hilmy83]

It's not pizza, it's dejournal

 

[maxinger]

It's really ok. I'll do the journal on my own time anyways. Most important thing for me is to trade properly right now, not spend time debating with people about what, when or how I post. Frankly my edge is clear and strong enough that it can over ride the negativity.

 

[nonpln]

It's not pizza, it's dejournal

i am sure youll enjoy your overnight float up long, no doubt.