Objections to SCT

[Spydertrader]

Quote from Thunderdog:

Evidently, we shop at the same clothing stores.

Now that was funny.

- Spydertrader

 

[hypostomus]

BTW, Spydie, cut an old man some slack. This is the first time I have ever traded FOMC. I'm used to making weekly decisions in 401K funds, and THAT's too fast for me. I usually just watch FOMC in awe and laugh my ass off. My reflexes aren't what they used ta be, doncha know.

 

[Spydertrader]

Quote from hypostomus:

I think he may turn out to be just like us in his old age. BTW, Spydie, how old ARE you?

Assuming my recollection of events remains intact (and also assuming you provided accurate clues as to your age) I believe you can find me about three quarters of a generation behind you. While I did not have to eat dirt as a youngster, I did have to walk to school in 4 feet of snow, up hill, both ways.

- Spydertrader

 

[hypostomus]

I'm 62, sad to say. Here's a present for you. See how pretty things look in 30 second? Rest of the FOMC was just as clean.

 

[Spydertrader]

Quote from hypostomus:

I'm 62, sad to say. Here's a present for you. See how pretty things look in 30 second? Rest of the FOMC was just as clean.

Hey 60 is the new 40, dontcha' know? Besides, as long as you maintain your 800 verbal vocabulary level, I don't think anyone would notice.

As long as your methods continue to provide you profits, more power to you.

- Spydertrader

 

[hypostomus]

As long as we're being congenial, I'll share with you objection #13:

I would rather fling 100 cars (which I could do) once a day in the AM on a no-brainer zero risk modest gain countertrend trade than to sweat the same number of cars over and over trading SCT all day.

 

[doli]

Quote from Spydertrader:

... I did have to walk to school in 4 feet of snow, up hill, both ways.

- Spydertrader

It was uphill, both ways?

 

[Thunderdog]

Quote from doli:

It was uphill, both ways?

Yes. He and Dr. Huxtable went to the same school.

 

[Bearbelly]

Quote from hypostomus:

As long as we're being congenial, I'll share with you objection #13:

I would rather fling 100 cars (which I could do) once a day in the AM on a no-brainer zero risk modest gain countertrend trade than to sweat the same number of cars over and over trading SCT all day.

This is one point I kind of agree with you on. I only take what I consider the best trades and hopefully will gradually increase contracts rather than try to catch all the turns. I find it emotionally exhausting to be in all the time.

 

[Spydertrader]

Quote from hypostomus:

As long as we're being congenial, I'll share with you objection #13:

I would rather fling 100 cars (which I could do) once a day in the AM on a no-brainer zero risk modest gain countertrend trade than to sweat the same number of cars over and over trading SCT all day.

O.K. Feel free to change your position size anytime you want. If you don't feel comfortable trading 100 cars, don't. The reasons for your lack of comfort shouldn't matter. Whether your reasons are valid or invalid shouldn't matter. Simply because one can do something, doesn't mean one should do something.

Glad we could clear this objection from the table so quickly.

- Spydertrader