tampa's Revenge
- Thread starter tampa
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You know what â trading is a drag, a royal drag. I mean I love it and all that, but it can be a real ball buster. Aside from the losses and usual frustration, you sit here hour after hour doing absolutely nothing â and wondering if youâre getting anywhere.
You can get to thinking â questioning the whole thing. Does that ever happen to you? You know sometimes I can really get down â feeling mighty low, as the old saying goes. So I tried to come up with some âpositivesâ â anything to show progress.
Do you realize that I havenât bought a trading book in over three years. Thatâs progress. It means that Iâve caught on that some hack ainât gonna sell me a bunch of crap â or a bill of goods - any more. Do you have a âtrading libraryâ? Mine was well over a hundred volumes â many of them cost $150 to $175 each . I gave them away several months ago. We had this big box â called it a box of broken dreams â and I just kept putting things in it. Books, old magazines I had saved, a bunch of material from seminars, and tons and tons of software. There was a financial astrology program I paid $2,500 for. And that pig Trade Station 2000 â all three modules. Set me back over four thousand â and it never work!. The box of broken dreams. Took the whole thing down to the library, and âdonatedâ it.
Thatâs progress. Itâs kind of like growing up, and admitting that there ainât no Santa Claus. Laugh if you want to, but for me, thatâs progress.
Or trading this damn five-minute YM, by the book. Itâs almost two-thirty now. Iâve made one trade. Walked with a B/E +1. Five dollars, less $4,12 commission. And I am pleased with myself, because I did it the way it was supposed to be done. Thatâs progress â I guess.
Go right ahead, laugh your fool head off. But Iâll bet you could easily put together a box of broken dreams â but you just havenâtâ progressedâ that far yet.
So whoâs laughing now?
You can get to thinking â questioning the whole thing. Does that ever happen to you? You know sometimes I can really get down â feeling mighty low, as the old saying goes. So I tried to come up with some âpositivesâ â anything to show progress.
Do you realize that I havenât bought a trading book in over three years. Thatâs progress. It means that Iâve caught on that some hack ainât gonna sell me a bunch of crap â or a bill of goods - any more. Do you have a âtrading libraryâ? Mine was well over a hundred volumes â many of them cost $150 to $175 each . I gave them away several months ago. We had this big box â called it a box of broken dreams â and I just kept putting things in it. Books, old magazines I had saved, a bunch of material from seminars, and tons and tons of software. There was a financial astrology program I paid $2,500 for. And that pig Trade Station 2000 â all three modules. Set me back over four thousand â and it never work!. The box of broken dreams. Took the whole thing down to the library, and âdonatedâ it.
Thatâs progress. Itâs kind of like growing up, and admitting that there ainât no Santa Claus. Laugh if you want to, but for me, thatâs progress.
Or trading this damn five-minute YM, by the book. Itâs almost two-thirty now. Iâve made one trade. Walked with a B/E +1. Five dollars, less $4,12 commission. And I am pleased with myself, because I did it the way it was supposed to be done. Thatâs progress â I guess.
Go right ahead, laugh your fool head off. But Iâll bet you could easily put together a box of broken dreams â but you just havenâtâ progressedâ that far yet.
So whoâs laughing now?
Quote from dbphoenix:
And more opportunities to fuck up . . .
Each time frame has it's own strength's and weaknesses...
You have to have a very specific trading plan for each time frame...
And this of course is for each market you trade...
They are all different... Different animals with different teeth to bite you...
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