Just trading family money, trying to make enough to keep wifey in booze and shoes.
what is ur philosophical quote in regards to investing?
- Thread starter ggelitetrader000
- Start date
that is worth remembering!!
In life and business, there are two cardinal sins. The first is to act precipitously without thought and the second is to not act at all.
-Icahn
never put off until tomorrow what you can do today
...there is nothing new in Wall Street. There can’t be because speculation is as old as the hills.
- J. Livermore
-Icahn
never put off until tomorrow what you can do today
...there is nothing new in Wall Street. There can’t be because speculation is as old as the hills.
- J. Livermore
here's mine I came up with I ask myself every week:
"is this play :
A.dumb
B.stupid
C.absurd "
"what do I not know, that I need to know before making this play"
"how could this go very badly, even though it doesn't seem so"
"did you think and write this out before making this play"
"what are you going to do if this drop 20% next minute"
"...... how much margin do you have left"
"markets up today, DAMN"
"markets down today, I'm GOING SHOPPING"
( confessions of a put seller )
"ok so people are buying, it's up today.. I sell calls, ok market is down today, I sell puts"
"DO THE OPPOSITE OF EVERYONE, PEOPLE PANIC YOU GET VERY EXCITED"
"is this play :
A.dumb
B.stupid
C.absurd "
"what do I not know, that I need to know before making this play"
"how could this go very badly, even though it doesn't seem so"
"did you think and write this out before making this play"
"what are you going to do if this drop 20% next minute"
"...... how much margin do you have left"
"markets up today, DAMN"
"markets down today, I'm GOING SHOPPING"
( confessions of a put seller )
"ok so people are buying, it's up today.. I sell calls, ok market is down today, I sell puts"
"DO THE OPPOSITE OF EVERYONE, PEOPLE PANIC YOU GET VERY EXCITED"