You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Starting Over ..............
- Thread starter seadog
- Start date
"Gift"
If you review my posts - you will see a lot of silliness and irreverance.
Forget about them for now.
David maria asks a very interesting and very serious question.
If you are not in this business anymore - why are you on the site?
Why revisit a site that dedicates its focus to a business that ruined you financially?
You could not have known the "starting over" thread was here when you first loaded www.elitetrader.com into your url.
What were you looking for before you got here?
I have friends and family members who have problems w/gambling. IMO - if you are in fact truthful about your experience, you may want to check yourself.
You may not be as "okay" as you think you are.
Just a thought.
Okay, that's that. Now back to insulting Maria Bartiromo.
If you review my posts - you will see a lot of silliness and irreverance.
Forget about them for now.
David maria asks a very interesting and very serious question.
If you are not in this business anymore - why are you on the site?
Why revisit a site that dedicates its focus to a business that ruined you financially?
You could not have known the "starting over" thread was here when you first loaded www.elitetrader.com into your url.
What were you looking for before you got here?
I have friends and family members who have problems w/gambling. IMO - if you are in fact truthful about your experience, you may want to check yourself.
You may not be as "okay" as you think you are.
Just a thought.
Okay, that's that. Now back to insulting Maria Bartiromo.
Quote from Mad_Alfred:
"Gift"
If you review my posts - you will see a lot of silliness and irreverance.
Forget about them for now.
David maria asks a very interesting and very serious question.
If you are not in this business anymore - why are you on the site?
Why revisit a site that dedicates its focus to a business that ruined you financially?
You could not have known the "starting over" thread was here when you first loaded www.elitetrader.com into your url.
What were you looking for before you got here?
I have friends and family members who have problems w/gambling. IMO - if you are in fact truthful about your experience, you may want to check yourself.
You may not be as "okay" as you think you are.
Just a thought.
Okay, that's that. Now back to insulting Maria Bartiromo.
I'm not quite sure what you're saying, but the best I can surmise is that because I'm even discussing the topic, it's somehow an indication that I'm not over it. I don't see the 1:1 between reflection and denial. In fact, I think they are in opposition to each other.
In any case, here's the deal: I have a clearer perspective on what it means to be a fish than most. I'm a reformed fish. My dad was a fish. He spent his entire life chasing money and women and ended up with neither. In the process he went to jail once, bankrupt a few times, married/divorced six times and last I heard he was wandering somewhere through Mexico high. I'm serious.
When I was a kid, a very prescient teacher told me to be careful not to be so quick to make unethical decisions based on short-term optimization as there will always be guys who see that, who are smarter than me, and who will exploit that tendency while allowing me to feel that I'm beating them. This coincided with my father almost going to jail a second time for insurance fraud as the president of a small insurance company in CA.
What's my point? Frankly, that I know more about the subject of what it means to be a fish chasing a chimera of success than most people thrice my age. I come onto this board to remind myself that there are no shortcuts and that waking up everyday and going to work beats daytrading, despite the fact that it's less exciting.
Gift mentions the movie Two for the money
Isn't that the one where Pacino goes to the Gambler anon. meeting and passes out cards for his betting site?
Hmmmmm....
Isn't that the one where Pacino goes to the Gambler anon. meeting and passes out cards for his betting site?
Hmmmmm....
Quote from davidmaria1:
Gift mentions the movie Two for the money
Isn't that the one where Pacino goes to the Gambler anon. meeting and passes out cards for his betting site?
Hmmmmm....
Yes, after he gives a speech about the fact that that gamblers are lemons and that they gamble to feel alive, not to win.
Pacino plays himself in most movies recently. And I saw no reason for Maconaugghhheeyyyguy to take his shirt off.
Was it lemons or lemmings?
Was it lemons or lemmings?
Quote from GodsGift:
This past weekend, I went to a Gambler's Anonymous Meeting just to see how the extreme end of the fish pond lives. And I gotta say, the things that were said closely resemble this board - and this thread specifically.
Before you go work as a valet in Las Vegas to fund your losing trading system, first watch Rounders and then Two For The Money.
I'm speaking from experience as a failed day trader in his late 20s. Two years ago, I took an entire year off work to daytrade. I lost all my money (about 10k) and lived like a peasent. Now, I manage projects for banks making around 1k per day. The experience was life-changing and made me realize (at least me personally) that the market is a great way to preserve wealth, but the surefire way to get rich is through success in business. It's not as stark of a contrast to the markets as you think: Many people work for crap pay so that guys like me, who command a premium, can be retained. I take from those who are weak and pocket excess rents in-line with what the labor market will pay me. The correlation ends there, however, as my life in business has positive expectancy whereas my daytrading careeer did not. In business, I create my own durable competitive advantage in the form of sharp and crisp communication skills, executive-level presence, and a conceptual grasp of relevant issues.
Steve Cohen and Paul Tudor Jones are truly the outliers and it's foolish to live one's life seeking to approximate their achievements.
To be clear, I live my life with a sense of destiny and purpose and I have every inention of getting rich. No 30-year tenured middle management position is in my future. However, there is a difference between getting up everyday and going to work and getting up and hoping that the market will give you enough to eat. Call it your "system," but the bottom line is that those who move to LV and work like humps to fund their daytrading "system" are fish and nothing more.
LOL, you surely sound like a guy who makes 1k per day!!!
Laughable. This website spots the absolutely most outrageous creatures on earth.