MGB: Journal
- Thread starter MGB
- Start date
be careful out there.>Ooooh, I just couldn't press the
>Sell button and take a massive loss
>like that. Instead, I decides to
>have steel in my bulls. heh heh
>I left the trade alone (1,500 shares)
>and took a shower.
This sort of action (or lack thereof) will clean your clock and whack you out of the market.
You got very VERY lucky and luck doesn't cut it in this business. TAKE YOUR STOPS...not a shower.
(MHO)
JB
>Sell button and take a massive loss
>like that. Instead, I decides to
>have steel in my bulls. heh heh
>I left the trade alone (1,500 shares)
>and took a shower.
This sort of action (or lack thereof) will clean your clock and whack you out of the market.
You got very VERY lucky and luck doesn't cut it in this business. TAKE YOUR STOPS...not a shower.
(MHO)
JB
Magna
Administrator
Michael,
I left the trade alone (1,500 shares) and took a shower.
Whew. That's 2 days in a row you've been ridiculously lucky (today's luck prevented a huge loss, yesterday's luck was the humongo pop right when you were going to sell and decided to wait 1 more minute). Forget about riding tradeRX's coattails, you don't need it but I'd sure like to ride yours!
Be careful, there's a fine line between steel in the bulls and rocks in the head.
I left the trade alone (1,500 shares) and took a shower.
Whew. That's 2 days in a row you've been ridiculously lucky (today's luck prevented a huge loss, yesterday's luck was the humongo pop right when you were going to sell and decided to wait 1 more minute). Forget about riding tradeRX's coattails, you don't need it but I'd sure like to ride yours!
Be careful, there's a fine line between steel in the bulls and rocks in the head.
NVDA can put a big whooping on your little behind if you're not careful. Did you see that trading range today??? OH MAN...BIG CACHINGO! I practically went apoplectic when that sweet thang dropped 2.5 points this AM in about what...10 minutes! HELLO! IT'S BANKED!! And it just got better from there! 
tradeRX
tradeRX
TraderRX,
You should team up with WAXIE from http://www.trendfund.com
Both of you call the market perfectly and have
no humility at all. You guys would be able to kick
major market ass. And if you guys start your own
fund, I'd be glad to put all my money in it and
enjoy life. Please give us some of your realtime
trades so we can make a few points with you too.
Keep up the good trading!
You should team up with WAXIE from http://www.trendfund.com
Both of you call the market perfectly and have
no humility at all. You guys would be able to kick
major market ass. And if you guys start your own
fund, I'd be glad to put all my money in it and
enjoy life. Please give us some of your realtime
trades so we can make a few points with you too.
Keep up the good trading!
basic math
MGB
1500 shares down 2 points is a $3000 loss while being up $300 is a good day from what I see. Unless you are right more than 95% of the time you are trading a negative expectancy system.
Next time just get out the second you can't trade due to a problem. No questions asked.
rtharp
MGB
1500 shares down 2 points is a $3000 loss while being up $300 is a good day from what I see. Unless you are right more than 95% of the time you are trading a negative expectancy system.
Next time just get out the second you can't trade due to a problem. No questions asked.
rtharp