want to try my suggestion? I am telling ya... handsome dude like you... rich widow is the fast track to the promise landed lol.... trading and hard work is so over-rated.
should i trade the trend or noise...there is more of noise
- Thread starter padutrader
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want to try my suggestion? I am telling ya... handsome dude like you... rich widow is the fast track to the promise landed lol.... trading and hard work is so over-rated.
and I am not 100% joking about the rich widow.
you gotta look at life as a much bigger trade on a bigger broader market... your account is not only limited to your brokerage and bank balances, but for most people, the biggest asset is actually the human capital....even if you earn just $50k a year, you can consider yourself a $1m bond yielding 5% a year.
that's why a holistic approach, thinking out of the box, how do you manage your entire portfolio, in this game of life, how do you maximize the positive expectancy, instead of boxing yourself inside this zero sum pathetic game called trading..
that's how I'd approach it.... and rich widow is prolly one of the best positive sum game out there.
you gotta look at life as a much bigger trade on a bigger broader market... your account is not only limited to your brokerage and bank balances, but for most people, the biggest asset is actually the human capital....even if you earn just $50k a year, you can consider yourself a $1m bond yielding 5% a year.
that's why a holistic approach, thinking out of the box, how do you manage your entire portfolio, in this game of life, how do you maximize the positive expectancy, instead of boxing yourself inside this zero sum pathetic game called trading..
that's how I'd approach it.... and rich widow is prolly one of the best positive sum game out there.
You are right. I will NEVER put all my eggs in trading. I contribute 10% to my 401k for the past 10 years. Allll in S&P 500 index. And I work a full time job. Trading is suppose to be ALOT of additional income.
I'm not too sure about the rich old widow deal. I don't want no old woman , unless she have a big fat plumb peach ass. And can make my toes curl in 10 minutes flat.
Both!!!
Just get a good real none BS view of current upto that point direction.
Wait for market to pull back and an area for a say 5mins to not be breached.
Try to get in near the low of that area with direction ofcourse.
Set a SL under that area, little bit of slack incase it spikes and reverses to take out tight rookie SL's
Then hopefully the trend continues and ride the trend for a long as you dare.
M1 charts, 42ema and 24ema are my directions of choice.
Just do above and repeat, repeat, repeat, hard part is sitting around waiting for setup to appear, then hesitating and missing it repeatly.
Just get a good real none BS view of current upto that point direction.
Wait for market to pull back and an area for a say 5mins to not be breached.
Try to get in near the low of that area with direction ofcourse.
Set a SL under that area, little bit of slack incase it spikes and reverses to take out tight rookie SL's
Then hopefully the trend continues and ride the trend for a long as you dare.
M1 charts, 42ema and 24ema are my directions of choice.
Just do above and repeat, repeat, repeat, hard part is sitting around waiting for setup to appear, then hesitating and missing it repeatly.
Rich Widow is sure something I'd consider, thought i'd bagged 1 10years back Wendy, big house, nice cars, fancy life style, sadly all a front 1Mil in debt, had to sell all and live in a council house, no wonder he had a heart attack, 5ft 2 and 26 stone also didn't help.
It seems like you are trying to pimp Padu, and you are awfully persuasive! Lol
repeat it one more time...and i will believe you!
may even take your advice...
sorry if i over reacted to your comments earlier....
we are all here to have some fun and maybe get a perspective on trading
if you add one word..young... between Rich and Widow.....yummy yummy i got love in my tummy and feel like loving you my little darling RYW
OMG that is too funny. An old friend of mine HATES that song, and I ribbed him about it a few months ago...
i have done that recently especially after having made a great deal of money....why this happens i am trying to figure out
i have made a resolution,NON NEW YEAR, not to do it, not to hesitate and to trust my own decisions
some thing difficult for me to do since i have been losing for 12 years