The treacherous path to $200k a year

Quote from EqtTrdr:

Used cars =Buying Someone else's headache...

New cars = 100% warranty

= Worth it easy imo
More...


100% warranty is a sham, it expires just when things start breaking down or has fine print, besides you can get a used car from the dealer with a warranty too :) Don't forget that when a new car rolls off the lot it loses something like 15% of its value. If you want new then leasing is the best option.


-Neo
 
BUD LONG 42.03
Stop breakeven
Previous stop 4 cents

Pyramid 42.05

SIZE: Can be huge, 2,000, 10,000 ,5,000 , 20,000 , when you know the game, size becomes no object!


This entry was used by a strategy I learned yesterday.
 
Quote from coolweb:

The Path to success:

when everybody has lost faith, but you have endless hope,
when everybody belittles the mini successes you have, and laugh at the failures you experience.
When other particpants quit after a few months of failure, but you stand at your post, day in and day out,
6 months, 9 months, 1 year unprofitable. Without fail, never lacking motivation, never lack of your vision, never lack of the confidence you have in yourself to achieve greatness.



One will achieve his goals.



coolweb.
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You da MAN!
 
Quote from coolweb:

BUD LONG 42.03
Stop breakeven
Previous stop 4 cents

Pyramid 42.05

SIZE: Can be huge, 2,000, 10,000 ,5,000 , 20,000 , when you know the game, size becomes no object!


This entry was used by a strategy I learned yesterday.
More...

Hmm...... buying at the bottom/left side of a down IT channel Trend Line. I see the opportunity you are playing. I personally prefer to ride short in short IT trends. To each his own.
 
Hello traderbug,

I'm glad you like the post,

My method is not dependant on channels, I will tell you it is based how institutions operated,

They do not operate on channels, parabolics, MACDS, etc.., they always operate on price and volume and sometimes whim.
Although everybody speaks about price and volume, few understands what they need to see to cause a catalyst.

If you would like more help in general, I can give you a hand send me an AIM msg.

The reason I bought BUD is because of my plan of

SNIPER TRADING -> INVESTMENTS.

It is based on the idea of "recurring".

If you know about business, then you know about recurring, and thats how fortunes are made.
 
Hi,
I am not a trader, but thinking about getting into the game
so I read your posts. I think it great that you stuck out your ego
to post your progress.


I wonder though are you really happy with this as a profession,
or do you see yourself going into other work once you made your
money? I guess I am asking myself this question as well. Frankly
to set in front of a day trading screen seems very unapealing to
me. The meaning of your life, well is it worth it? On the other
hand it beats living on a street corner or digging ditches.


I have no trading advice, but I can give some thoughts about
healthy living if any interest.

Good Luck

Dan
 
Hello Dan,
Very interesting question.

I have ran quite a few businesses for over 10 years, and I was always in those businesses for only one reason:

<B> Money</b>

I'm in trading/investing not because I like to sit at the screen and watch quotes or "trade", I sit here only because the probability of making EXPONETIAL gains (500-1000% ) with leverage is very possible and achievable.


If shoveling shit would make millions, I would be shoveling shit night and day without fail.

Of course trading also has its benefits such as working anywhere in the world you like,
but best of all is leverage.

There is no skill like knowing how to manage large amounts of money. You will be courted around the world for this valuable skill.
This is one of the most powerful skills on this planet.

Money is POWER. Able to generate POWER will allow you to rule even a small country if you wanted to.


"Let me go turn off that pinky and the brain episode"
 
You still havent talked about how successful or not you are in the financial markets. Honesty is hugely important, mainly for yourself. You have a very long thread going here and have posted on many many different threads offering your knowledge but have yet to provide evidence of your success. Do you actually make good money trading or do are you like a lot of people who "know" a lot about what it takes to make vast sums of money but doesnt do it himself? This is a 100% honest question.
 
The Path to success:

when everybody has lost faith, but you have endless hope,
when everybody belittles the mini successes you have, and laugh at the failures you experience.
When other particpants quit after a few months of failure, but you stand at your post, day in and day out,
6 months, 9 months, 1 year unprofitable. Without fail, never lacking motivation, never lack of your vision, never lack of the confidence you have in yourself to achieve greatness.



One will achieve his goals.



coolweb.













I really like your piece of writing. Did you write it yourself ?
 
Quote from coolweb:

I'm in trading/investing not because I like to sit at the screen and watch quotes or "trade", I sit here only because the probability of making EXPONETIAL gains (500-1000% ) with leverage is very possible and achievable.
More...

Or EXPONETIAL losses.
 
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