Watch the internals today, its easy to ramp futures up

[Cocaine]

Your problem is you are either too high or too low. You need to be more even keel. Stop thinking everything is so this or so that. Just trade. Be more robotic and less caring what the mkt does. Its going to do whatever its going to do whether or not that complies with your belief set.

The most important thing is not what you think the market will do, its the ability to read its signals and profit from where it will go. Successful traders have said time and again on this site but the rest either seem it ignore it or dont seem to understand the concept at its core.

Quote from myminitrading:

Doesn't matter no matter what I say or show a snap shot of everyone sneers in disbelief.

 

[myminitrading]

Quote from Cocaine:

Your problem is you are either too high or too low. You need to be more even keel. Stop thinking everything is so this or so that. Just trade. Be more robotic and less caring what the mkt does. Its going to do whatever its going to do whether or not that complies with your belief set.

The most important thing is not what you think the market will do, its the ability to read its signals and profit from where it will go. Successful traders have said time and again on this site but the rest either seem it ignore it or dont seem to understand the concept at its core.

I appreciate the peep talk, I make a good living from trading, it just took a decade of watching bull and bear markets, every frigging day.

 

[makloda]

Quote from myminitrading:
I make a good living from trading

I thought you quit trading?

 

[Cocaine]

Thats actually why I posted what I did. I thought for sure there was thread from the last few months or so where he quit trading. I must have confused him with another poster.

Quote from makloda:

I thought you quit trading?

 

[increasenow]

Quote from Cocaine:

Just trade. Be more robotic and less caring what the mkt does

this is a great quote...we all need "nerves of steel" to trade...

 

[increasenow]

Quote from Cocaine:

Thats actually why I posted what I did. I thought for sure there was thread from the last few months or so where he quit trading. I must have confused him with another poster.

so did I...but then I thought he said only trading DIA or SPY...?

 

[myminitrading]

Quote from makloda:

What's the point of this thread again? I don't see it. Stocks are bouncing from an extreme oversold condition. Business as usual.

Well it started out as watch the internals, you know the kind of days when the market opens down, internals are very negative, then the market turns and powers higher reversing the internals and finishing at the highs, on positive breadth.

Not gap open and drift higher on weak breadth. May do it again tomorrow and for the rest of the week, or it may sell off hard into the close ending the day with negative breadth, ah just like 2002. Gee I'm hungry, time for some Chipolte crispy tacos bye!

 

[myminitrading]

Quote from makloda:

I thought you quit trading?

Winners never quit, commitment commitment commitment, have you never thought of quitting? hum I'm sure its crossed every traders mind, and your point is?

 

[increasenow]

Quote from myminitrading:

Winners never quit, commitment commitment commitment, have you never thought of quitting? hum I'm sure its crossed every traders mind, and your point is?

doth thou trade the eminis or DIA or SPY?

 

[Cocaine]

Winners dont create threads like this:

http://www.elitetrader.com/vb/showthread.php?threadid=106207

You say you've been trading 10 years and you still act like this? Btw, look at where the mkt was on Oct 9th where he said it was "free money" to be long.