Traders make money, but here is how some traders make serious money

Young man, your enthusiasm is heartening. Congratulations on your success. I hope you will not think it rude of me however to suggest that gloating over one's successes in trading is hardly ever a good idea. Now show us that you have good judgment as well as good trading skills by hanging on to your fortune. Even Livermore died broke.
 
Quote from faure:

I think the point FurTrd is trying to make is that when you have a higher degree of certainty/probabilty - for what ever reason - you should take a bigger bet.

You guys get all hung up about what constitutes good returns and how 50% is too much to risk... and completely miss the point of the whole thread.
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That advice is a dime a dozen, and even cheaper on Weekends.

Tell us something we don't know.

What passes for trading wisdom around here is kindergarten level homilies.

And I seriously doubt the poster has any business risking 50% on anything based on any method or knowledge. That's pure ego and it will almost certainly bite him shortly.
 
Quote from stock777:

That advice is a dime a dozen, and even cheaper on Weekends.

Tell us something we don't know.

What passes for trading wisdom around here is kindergarten level homilies.
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This is a typical ET response. There's a lesson to be learned here somewhere; if you can find it.
I'm not sure what kind of reply you were looking for. :confused:
Did you want to get into an argument?
 
Quote from faure:

This is a typical ET response. There's a lesson to be learned here somewhere; if you can find it.
I'm not sure what kind of reply you were looking for. :confused:
Did you want to get into an argument?
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we aint callin' him bitch777 for nuttin, innit.:D
 
I think what is going on is that 99% of ET folks here don't have an edge

but are trading according to some very common indicators like RSI or MACD

those who are slightly smarter use pivots and tick tick etc


but most guys wouldn't know an edge if it sucked them off :p

that is why they play very conservatively

hell I would too

my edge is insider info BTW :)
 
Quote from FutTrd:



When I get a really good reason to do something, odds are on my side, I should bet HALF of entire portfolio.
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What exactly does this mean? You put a stop at exactly half the price you paid?

I suggest you do a lot more listening than talking for a few more years ...

(You have "insider info" that the nasdaq is going down tomorrow??? That is some insider.)
 
pattersb boy, if you don't know what that line means.

you are just a school boy, or school girl :p


god damn it guys, stop shorting NQ I need it to go up a bit cause I want to short some more :mad:

last time I give a tip :(
 
Quote from FutTrd:

pattersb boy, if you don't know what that line means.

you are just a school boy, or school girl :p
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I simply asked you a question, you little puke. Explain yourself or shut-the-fuck-up ...

I suspect you mean opening a position with half your assets, but that hardly constitues a "BET of half your portfolio", unless made by a complete idiot ... I'll be sure to step over you when you end up in the gutter. Your type always does.

Here are your choices, remain quiet and look like a fool, or open your mouth and prove it...
 
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