If you are talking about guys who trade for a living at a firm as a professional then you misread everything I wrote and just wanted to step in and brag. Good for you.
Trading is easy
- Thread starter dozu888
- Start date
El OchoChino. I agree with many of your points. If a guy makes a few grand in a month, and thinks they are killing it it, that is sad. I will actually add to this...
You can trade chump change your whole life and never get anywhere.
Better to make money both in and outside of markets. (unless you got real $$$)
Life advantages carry over into trading, all other things being equal.
Don't underestimate the value of getting paid fat checks in the private sector when comparing to potential trading profits. (i.e. you need a large account)
Big difference between well capitalized and highly informed professional level of understanding and guys trying to make 5% on chump change.
Re "Trading is easy"....Dozu888 never talks about gross exposure relative to net liq.
In other words leverage!
Actually I will quote Dozu888 here just to back up what I'm saying (edited for length)
There you have it. Dozu888 thinks that intraday is for making fuck loads of cash.
FAST MONEY !!!
Also, notice that Dozu888 never talks about trading 100 lots. He let's people he knows do that, profitable people.
Ask yourself this. Is being right on the trend the only thing that matters?
Trading 100 lots sounds pretty good to me. That sounds like success.
Maybe, just maybe, trading 100 lots and trading intraday could be a good idea.
Dozu888's friend is so certain on the direction because he has an edge!
When your trading 100 lots, you don't last very long if you don't....
It happened WAY back a few trading days ago. If you actually traded NQ, you would know when.
I mean, seriously...Do you actually trade? Ever? Your comment is such a fucking insult.
lol I look at the big picture... who cares about a few points... I am talking about $500 qqq and $1000 aapl.
I'd say in a year there are only a handful of days where you are 90% certain about the direction... typically down days.... that is enough though.
What big picture?
"8796? when did that happen?"
You make it sound like 8796 on NQ did not happen. I posted a chart showing when it happened. What is this "big picture" stuff? Wot?!?
In a month there are on average 2 days where you are 90% certain about direction. That is enough. I trade light on all other days.
easy big fella... it's only Sunday night..
You have not answered the obvious question you counter-posited to me.
You asked me when 8796 in NQ happened, in an incredulous fashion, as if I was bonkers and NQ never got to that price. Want me to requote you for a third time on that? You monkey. You really don't follow markets, do you. You really do not trade, do you.
I exited my trade at 8801.75. Yes, the NQ actually got there. It is actually at that price! WTF man?
Big fella'!! Gator!