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Not Possible....profit On The Screen
- Thread starter datstrader
- Start date
Quote from datstrader:
I HAVE COME TO THE CONCLUSION THAT TRADING ON THE SCREEN WILL NEVER BE PROFITABLE. I traded on the floor in the pit for 8 years with profit trading up to 50 bigs which is 250 minis i made alot of money trading in those times now on the screen have lost almost everything trying the same. I think mostly fools think of profit on the screen. Most of my trading friends agree with this comment
BEST OF LUCK TO YOU ALL....HOPE YOU HAVE DEEP POCKETS YOUR GOING TO NEED IT
8 whole years . . . wow!
I personally know 6 ex-pit traders with over 140 years combined pit experience that each now pull in 7 figure a year incomes from the "Screen".
I guess not all "retired" pit traders have limited learning capabilities.
Quote from ProfLogic:
8 whole years . . . wow!
I personally know 6 ex-pit traders with over 140 years combined pit experience that each now pull in 7 figure a year incomes from the "Screen".
I guess not all "retired" pit traders have limited learning capabilities.
I wish them all the best. I hope for more profit for you and your friends
dats,
I tell anyone who inquires about trading to run because most are not willing to pay the cost of figuring out the game. Every flower that ever bloomed had to go through a whole lot of dirt to get there. Most will suffocate before getting out of the dirt they committed themselves to. One must really ask themselves, what am I really willing to sacrifice to learn how to trade properly and make a nice living? Me? I threw it all away to get to what I am capable of in trading today. That was about seven years ago. So yes profit is there, but what are you willing to stake to get there? Tough call my friend, tough call. Only you know what you are capable of.
best
I tell anyone who inquires about trading to run because most are not willing to pay the cost of figuring out the game. Every flower that ever bloomed had to go through a whole lot of dirt to get there. Most will suffocate before getting out of the dirt they committed themselves to. One must really ask themselves, what am I really willing to sacrifice to learn how to trade properly and make a nice living? Me? I threw it all away to get to what I am capable of in trading today. That was about seven years ago. So yes profit is there, but what are you willing to stake to get there? Tough call my friend, tough call. Only you know what you are capable of.
best
Quote from wave:
dats,
I tell anyone who inquires about trading to run because most are not willing to pay the cost of figuring out the game. Every flower that ever bloomed had to go through a whole lot of dirt to get there. Most will suffocate before getting out of the dirt they committed themselves to. One must really ask themselves, what am I really willing to sacrifice to learn how to trade properly and make a nice living? Me? I threw it all away to get to what I am capable of in trading today. That was about seven years ago. So yes profit is there, but what are you willing to stake to get there? Tough call my friend, tough call. Only you know what you are capable of.
best
Thanks wave ...Love the analogies you used. I wished things were differant, but it is what it is
Thanks
dats, if youve been at this for awhile, u have probably blown out more than once,u will always have bills, no matter how much u make, not every traders wife and inlaws love this profession, you're not the first or the last, that's just part of life as a trader and your on a low,what does the market do when it hits a support line, it's time for you to bounce mentally,then physically and you are back in the game, u wont budge til u change your attitude
Quote from ammo:
dats, if youve been at this for awhile, u have probably blown out more than once,u will always have bills, no matter how much u make, not every traders wife and inlaws love this profession, you're not the first or the last, that's just part of life as a trader and your on a low,what does the market do when it hits a support line, it's time for you to bounce mentally,then physically and you are back in the game, u wont budge til u change your attitude
I never blown out intill now and I not afraid of the future I just don't have any income and haven't found a paying job in 24 months now I'm out of doe and screwed not worried about myself I'm worried for the kids that I put on this planet. I could careless about my life it's their life. Ammo your a good man wish you all the profit in the world
For your kids sake quit reading this f***in thread and go find a damn job. You will never make at trading period. You are chasing a game where you had an edge. You have no edge anymore, your done.
I feel bad for your kids because they probably deserved some financial help when they grow up through college. Sorry daddy lost tha nest egg gambling.
Stop your whining and just bag my groceries.
I feel bad for your kids because they probably deserved some financial help when they grow up through college. Sorry daddy lost tha nest egg gambling.
Stop your whining and just bag my groceries.
How about I bag your wife instead of the groceries, I'm sure she is tired of your fat ugly ass hitten it Let a stud like me hit it for a g-note a week now that's a idea how to support the kids. Do u like it??Quote from Uncle_Ho:
For your kids sake quit reading this f***in thread and go find a damn job. You will never make at trading period. You are chasing a game where you had an edge. You have no edge anymore, your done.
I feel bad for your kids because they probably deserved some financial help when they grow up through college. Sorry daddy lost tha nest egg gambling.
Stop your whining and just bag my groceries.
Quote from datstrader:
Do u like it??
You come into this forum telling people and attacking their livelihood telling them they "can't" do something they are already doing with varying degrees of success.
You are upset that you aren't yet able to do what others are doing. Then you get upset when people attack you.
You open yourself up for criticism then lamb blast those that criticize you.
If you don't like the comments you are getting, leave.
It's hard to understand what you are trying to accomplish with this thread anyway except maybe some sort of emotional release because you won't get any sympathy here.