Later 
Planet Earth's ultimate Short side game began Nov 2021
- Thread starter margin_gamble
- Start date
For deaddog ........ and continued thanks to ondafringe making my day and my internship take off nicely 
deaddog, see post #32 in thread I am reading below. Then read top 2 paras. Focus on the word, "ART" Sit back and smoke a Seeeeegar. Becaue this op is talking my language now and actually has been from post #1 and the way thru' - it IS all as if I was He and his friends. It is MY style. did you notice how I break all those conventional rules of STOPs in the QQQ? Hey its possible I'm a friggin dummy, but those decisions came from the heart and soul - genuine as night follows day.
https://www.elitetrader.com/et/thre...make-over-1-million-a-year-at-my-firm.280041/
Lord have mercy! Ondafringe has given me my money/time worth of this internship at ET. God bless ET, may she live a long life and prosper.
Its only 8:20 AM SAT and I'm soooo elated I have to refrain from pouring a beer and thereby clouding my thinking.
deaddog, see post #32 in thread I am reading below. Then read top 2 paras. Focus on the word, "ART" Sit back and smoke a Seeeeegar. Becaue this op is talking my language now and actually has been from post #1 and the way thru' - it IS all as if I was He and his friends. It is MY style. did you notice how I break all those conventional rules of STOPs in the QQQ? Hey its possible I'm a friggin dummy, but those decisions came from the heart and soul - genuine as night follows day.
https://www.elitetrader.com/et/thre...make-over-1-million-a-year-at-my-firm.280041/
Lord have mercy! Ondafringe has given me my money/time worth of this internship at ET. God bless ET, may she live a long life and prosper.
Its only 8:20 AM SAT and I'm soooo elated I have to refrain from pouring a beer and thereby clouding my thinking.
for deaddog ................. check out this gem of a gemstone of a diamond in the raw .....
in post #34 see penultimate para ..... its describing ME in student mode
https://www.elitetrader.com/et/thre...make-over-1-million-a-year-at-my-firm.280041/
Our oldest trader, who's been profitable for 20 years and never had a down month, said to me... my greatest asset is that I'm a sponge. I look, learn, listen, to everyone. Whatever info they have, I'll take it all in, and re-work it in my head. Just copy the best bits from other peoples stuff, you'll end up somewhere great with your own list of pearls.
in post #34 see penultimate para ..... its describing ME in student mode
https://www.elitetrader.com/et/thre...make-over-1-million-a-year-at-my-firm.280041/
Our oldest trader, who's been profitable for 20 years and never had a down month, said to me... my greatest asset is that I'm a sponge. I look, learn, listen, to everyone. Whatever info they have, I'll take it all in, and re-work it in my head. Just copy the best bits from other peoples stuff, you'll end up somewhere great with your own list of pearls.
I read all the way to the bottom and agree with the last two sentences.For deaddog ........ and continued thanks to ondafringe making my day and my internship take off nicely
deaddog, see post #32 in thread I am reading below. Then read top 2 paras. Focus on the word, "ART" Sit back and smoke a Seeeeegar.
In time, you will get caught. Plain and simple.
But you are young and have time to recover.
Growing old is manditory
Growing up is optional.
see post #143
(I love this trader, goddamn Overnight was going on and on about being "real" ......... this trader in the thread outlined is real, real, real and does not hit you over the head with a saucepan that he is real. And look at the way he handles the few Overnights who come at him)
>> On another note, I hope what I share on this forum is some insight. Nothing sh*ts me more than people who give short sentences & leave out detail, somehow pretending like they're a guru who sh*ts gold and therefore we are graceful just to witness whatever they say.
Nothing turns me off more than the vague, half zen-like trading rules or advice you hear. It's the biggest fallacy.
(I love this trader, goddamn Overnight was going on and on about being "real" ......... this trader in the thread outlined is real, real, real and does not hit you over the head with a saucepan that he is real. And look at the way he handles the few Overnights who come at him)
>> On another note, I hope what I share on this forum is some insight. Nothing sh*ts me more than people who give short sentences & leave out detail, somehow pretending like they're a guru who sh*ts gold and therefore we are graceful just to witness whatever they say.
Nothing turns me off more than the vague, half zen-like trading rules or advice you hear. It's the biggest fallacy.
I read all the way to the bottom and agree with the last two sentences.
In time, you will get caught. Plain and simple.
But you are young and have time to recover.
Growing old is manditory
Growing up is optional.
Thanks very much, dd. There is a heck of a lot I have to sort out. In no way is everything the final product yet. I'm changing but there is no denying that my underlying personality will be the main driver for the real self is where the juice is at even if the self is hidden under a rock.
Thank you kindly for your continued input and assistance. Means a lot to me.
see post #143
Behind every 'trading rule' or 'advice' you here, is a multitude of experiences and formulations that went into it that we cannot possibly fathom unless we experience getting hit in the face over and over again. One guy in the Market Wizards who was like nearing his 50's said "it took me 10 years to realise what 'the trend is your friend' meant".
Thank God I did not have that problem about TREND IS YOUR FRIEND. I can in under a nanosecond see and spot a trend. The sub-goal I am now after and is of supreme importance is to spot when a BEND IN THE TREND is getting within 20% completion so I can re-positon to rejoin the primary trend
Behind every 'trading rule' or 'advice' you here, is a multitude of experiences and formulations that went into it that we cannot possibly fathom unless we experience getting hit in the face over and over again. One guy in the Market Wizards who was like nearing his 50's said "it took me 10 years to realise what 'the trend is your friend' meant".
Thank God I did not have that problem about TREND IS YOUR FRIEND. I can in under a nanosecond see and spot a trend. The sub-goal I am now after and is of supreme importance is to spot when a BEND IN THE TREND is getting within 20% completion so I can re-positon to rejoin the primary trend
#143 contd:
These posts really are straight from the battlegrounds. I see what the best are doing and I take note of it. I didn't want to come in here and say "screw what everyone else does, I'm going to be the next king." instead I patiently watched and learned from everyone. Some of the newest/lowest level trainees have taught me great things. They're sometimes confused why I keep asking them questions because they feel pathetic as I do 10 times their clip-size but I'm bowing down to them.
It pays to be humble in this job.
These posts really are straight from the battlegrounds. I see what the best are doing and I take note of it. I didn't want to come in here and say "screw what everyone else does, I'm going to be the next king." instead I patiently watched and learned from everyone. Some of the newest/lowest level trainees have taught me great things. They're sometimes confused why I keep asking them questions because they feel pathetic as I do 10 times their clip-size but I'm bowing down to them.
It pays to be humble in this job.
post #145
>> I'm biased because of all my friends who are most successful, they all learn to average slowly/collect regions of interest. With gold/oil/commodities it seem that they shoot off one way and averaging seems a bit crazy and out of my league because I'm not familiar with them.
>> I just personally believe if you are a 1-click in and 1-click out trader than you are limited, one-dimensional, and lack the fire extinguishing tools you might be able to gather if you were able to trade something that didn't necessarily punish you for collecting more contracts in a small region and allowing you to scale out.
>> I'm biased because of all my friends who are most successful, they all learn to average slowly/collect regions of interest. With gold/oil/commodities it seem that they shoot off one way and averaging seems a bit crazy and out of my league because I'm not familiar with them.
>> I just personally believe if you are a 1-click in and 1-click out trader than you are limited, one-dimensional, and lack the fire extinguishing tools you might be able to gather if you were able to trade something that didn't necessarily punish you for collecting more contracts in a small region and allowing you to scale out.
#149
One of the biggest guys at our firm told us that he lost 1-years worth of income during the GFC.... but then made it back in 6-months.
Imagine trading for 15-20 years then losing a years worth of income like that in ONE TRADE? He is a true battler. Amazing to hear that. You can always come back if you fight for it.
That's an extreme case of fire-extinguishing.
One of the biggest guys at our firm told us that he lost 1-years worth of income during the GFC.... but then made it back in 6-months.
Imagine trading for 15-20 years then losing a years worth of income like that in ONE TRADE? He is a true battler. Amazing to hear that. You can always come back if you fight for it.
That's an extreme case of fire-extinguishing.