To become a better trader: Passionate vs Making Money

ProfLogic · Jul 7, 2011

Quote from emg:

need to hear what a buckeye fan will say.

I'm an honest fan that is disappointed and disgusted by the actions of a coach I respected and players I thought were smarter than I gave them credit for.

All college players, at that level, are paid to play. That is part of what is wrong with the system. I have a high school classmate that investigates issues for the NCAA.

cornix · Jul 8, 2011

Quote from ProfLogic:

Saying LeBron James doesn't care about money is like saying you care about learning why profitable day traders succeed.

I am from Russia, I have no slightest idea who he is.

But I know for sure that Klitschko brothers first learnt how to punch well and then became rich and famous, not the other way around.

SnakeEYE · Jul 8, 2011

Quote from emg:

Can anybody give the best answer passionate will make u a better trader or making money will make u a better trader and why?

My es day trade is 1 point profit target based on $100K per contract. That is passionate day trade and not about making money.

I am looking for the best answer. Hope this thread will help small traders losing money in trading.

his out of his fooking mind that maverick.how could that be not about money

SnakeEYE · Jul 8, 2011

Quote from cornixforex:

But I know for sure that Klitschko brothers first learnt how to punch

the same way one should be trading.

one-two whatchagonnado

southbeach4me · Jul 8, 2011

EMG, arent you the donkey ass that said people that use stops are doomed to failure?

Why don't you learn the importance of order types(like stops) to protect your equity as some of us pro traders do before posting more "brain in ass" questions.

using stops lead to failure, passionate trading??? LOL, I think you need to get off the crystal meth my friend.

ProfLogic · Jul 8, 2011

Quote from cornixforex:

I am from Russia, I have no slightest idea who he is.

But I know for sure that Klitschko brothers first learnt how to punch well and then became rich and famous, not the other way around.

Spot on!!

emg · Jul 8, 2011

Quote from cornixforex:

I am from Russia, I have no slightest idea who he is.

But I know for sure that Klitschko brothers first learnt how to punch well and then became rich and famous, not the other way around.

the klitschko brothers are lucky to dominate the heavy weight division today because there is no real players. They all retire. Heavy weight division is dead and have been dead since the early 2000s.

cornix · Jul 8, 2011

Quote from emg:

the klitschko brothers are lucky to dominate the heavy weight division today because there is no real players. They all retire. Heavy weight division is dead and have been dead since the early 2000s.

I agree with you, that heavyweight has become very boring lately.

But my point was not that, it was that first comes the professional skill, money comes after it.

So one's focus better be on becoming a good pro in the chosen profession, rather than on the money itself.

And it is actual for trading probably more than to anything else, because markets are driven by fear and greed, by the thoughts about the money.

And to get ahead of those 90% you mention in your every post one better not be like that losing crowd, which only thinks about the money.

Pekelo · Jul 8, 2011

Quote from emg:

My es day trade is 1 point profit target based on $100K per contract. That is passionate day trade

That is not passionate, that is INEFFECTIVE.

epictrader · Jul 10, 2011

Quote from Pekelo:

That is not passionate, that is INEFFECTIVE.

Quote from anglagard:

Im not manipulating anything, you are spreading acid and trying to humiliate the OP of the thread, there's nothing productive in this.

In fact, all of your posts recently have been about this.

Certainly, you have been wrong before as we all have, and for what is worth he is using new highs as stop yet you are waving your pompoms like CNBC.

Try a little humility.

You can't trade. You are the laughingstock in ET.