Professional traders screens are made up mostly of numbers, amateurs screens are made

Quote from JSSPMK:

I believe OP meant PRO as in trading OPM.

It's all BS anyway, as PRO traders also use charts for research.
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Very true Sir



eta

How some use the term Pro just cracks me up

I pay quarterly Taxes

I pay State Franchise Taxes

I have a business plan and a trading plan

When I lose money – I lose my money


All, and only – from trading



See Ya


RN
 
Quote from aradiel:

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Whoa, steveo is looking rough. He aged 20 years in the last 3. I'm shocked !
 
Quote from HowardCohodas:

Not all financial instrument derivatives meet your premise. Options, for example, have a finite life. Time wont help you when they expire.
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Huh? On a long enough time
Line the survival rate for everything drops to zero.

I read that someplace and it applies to your post.

So what? Of course I'm taking about within the lifespan of a product.
 
Quote from jOllie:

Huh? On a long enough time
Line the survival rate for everything drops to zero.

I read that someplace and it applies to your post.

So what? Of course I'm taking about within the lifespan of a product.
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I understood your comments to mean that random entry would succeed given enough time. If I misunderstood, than ignore my remarks.
 
Quote from HowardCohodas:

I understood your comments to mean that random entry would succeed given enough time. If I misunderstood, than ignore my remarks.
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Could. Not would. Thanks
 
unless they're lying almost all interviews of professional traders in publications such as ta of sc or active trader always state they trade off of charts.

To be honest with you and being humble at the same time I'm willing to bet that I could make multi-day swing trades based on technicals and be consistently profitable.
 
Quote from Topper:

unless they're lying almost all interviews of professional traders in publications such as ta of sc or active trader always state they trade off of charts.

To be honest with you and being humble at the same time I'm willing to bet that I could make multi-day swing trades based on technicals and be consistently profitable.
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Charts are great for explaining trades hence the fact they are talked about by pros. Most of those folks in active trader and ta of sc are self profesed pros. Those mags do zero due diligence.

You font need to bet me. You bet theagainst the market everyday.
 
what do you mean? Real profitable traders don't use either quotes or charts.

Quote from mokwit:

As ET tyhese days mostly seems to be made up of threads designed to generate responses I thought I would start one.*

Here is the 'cat amongst the pigeons' of a end of month furious reply and hit generating thread :D

"Professional traders screens are made up mostly of numbers, amateurs screens are made up mainly of charts". Discuss

You will have to agree its better than the "Technical Analysis Doesn't work/Staring a hedge fund/new trading PC standbys (good info from that last one actually).

Well at least ET have retired that threadbare old standby whereby a bemused Ivy asks for help deciding between the offer from Goldman and the offer from SAC or deciding between an I bank ofer and trading from home.

*Note I am not complaini8ng per se, ET is a free resource that has to be financed somehow, I am just trying to stimulate a little more creativity and genuineness than the old threadbare standbys.
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