No Bullets....vix At 16 And Collapsing
- Thread starter grimer11
- Start date
DB,
I can not agree with you more!!!!!!!!!!
The guys that survive the longest care only about their situation. If you are living in a location where rent is really inexpensive and your lifestyle does not cost much, then you do not need to make a lot of money. Which means, that you do not need to take on much risk.
If you make $500/day and do that for the rest of your life, you are still better off than the guys that make millions and lose it all and then find them selves in debt. I know a few people that have done just that.
Nobody has to make thousands every day. There are needs and there are wants. What you need is usually far far less than what you want.
If you can stay humble and disciplined throughout your trading career, than all you need to make is enough money to cover your needs.
I can not agree with you more!!!!!!!!!!
The guys that survive the longest care only about their situation. If you are living in a location where rent is really inexpensive and your lifestyle does not cost much, then you do not need to make a lot of money. Which means, that you do not need to take on much risk.
If you make $500/day and do that for the rest of your life, you are still better off than the guys that make millions and lose it all and then find them selves in debt. I know a few people that have done just that.
Nobody has to make thousands every day. There are needs and there are wants. What you need is usually far far less than what you want.
If you can stay humble and disciplined throughout your trading career, than all you need to make is enough money to cover your needs.
I agree. I do not want to have to get a normal 9-5 job. I love trading. I have so much free time, and I make enough money to handle all of my expenses. I scalp a few contracts on the mini futures in order to pay my rent, and then I make all of my big position bets in natural gas and coffee.
Hehe yeah I watch the futures with attention and I do not care what anyone says on this board. Eminis, NQ, S&P are no joke. The experienced traders will rip any beginners apart. And how about those hours and hours of 1 point range. That is churning city.
It also seems like way too much competition. So many traders migrating to futures that the learning curve has got to be rising and rising. I'm sure it's great for whoever has been trading futures for a while, but to suggest them as a great answer to traders looking for alternatives, well I personally take that advice with a huge grain of salt.
So how bout today eh? Overall it was real slow, but there were hidden gems. Or you could have taken ur chances on the news traded stocks. DNA anybody?
Hi grimer11,
"garbage" for you may be bread for others. Indeed you will have to "adapt" a bit to also feed on it.
Be good,
nononsense