why? lol
i never attacked you personally like many here.
we are discussing an issue,namely does more wealth & $ mean better healthcare?
of course it does
What Marketsurfer Believes
- Thread starter marketsurfer
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i never attacked you personally like many here.
we are discussing an issue,namely does more wealth & $ mean better healthcare?
of course it does
What happened to KISS? Richard Dennis only had 4 rules, Warren Buffett just two....
The majority are not "rules" but rather beliefs that are subject to be altered based on new information.
This may sound trite but its very very true-- You need to be "in it" to "win it". philosophizing, writing, thinking isn't going to make you money--- you need to risk it.
Here's a weird story about the markets. I have not shared this with very many others because it is just simply too bizarre. When it first happened I just wrote it off as the rantings of a mad man, which it may actually have been. However, the older I become, the more I think about this very, very strange encounter. if anyone reading this happens to know who I am talking about or hung out at the Olde Discount stock brokerage on City Line Avenue in Bala Cynwyd just outside of the Philly city limits, I would love to hear from you.
Back in 1991, I was just getting interested in the stock market. I worked at Cigna at the time in their legal department in Bala Cynwyd. Several buildings over there was a Saks Fifth Avenue building with an Olde Discount Stock Brokerage around back. Every day for my lunch break I would visit the office and watch the ticker, check quotes on the computer and converse with the mostly old dudes who hung out there during market hours.
There was one very peculiar gentleman who dressed with a long overcoat and three piece suit that looked like it was from the 1920's. He had a gold pocket watch and wore a very unusual hat that also appeared to be an antique. The guy was genuinely unusual and walked with a bad limp and a cane with a skull on the top. He wouldn't talk to anyone but after he left the the quotron machine, the other older men would run up to see what he was looking at. After seeing the stocks the peculiar old fashion guy was looking, several of the office regulars would yell over the counter to buy or sell the same stocks this very unusual looking guy would pull up on the machine. Intrigued by this, i asked why they would follow this person so closely? The regulars advised me that the guy was an eccentric multi -millionaire and they had made much money by following his lead.
Thirsty for knowledge, several days later I worked up the nerve to talk to the peculiar trader. asked him how he became so successful in the stock market. He looked right at me with this very weird, creepy look. He then said, I was you, I am you, I will be you and hobbled out of the lobby. At the time this didn't really bother me because I know Charles Manson and other crazies say similar things so I just wrote it off as him being a mental patient. But every so often, particularly since I have grown older, I think about what this weird dude said to me..... truthfully, it is really starting to bother me. surf
Back in 1991, I was just getting interested in the stock market. I worked at Cigna at the time in their legal department in Bala Cynwyd. Several buildings over there was a Saks Fifth Avenue building with an Olde Discount Stock Brokerage around back. Every day for my lunch break I would visit the office and watch the ticker, check quotes on the computer and converse with the mostly old dudes who hung out there during market hours.
There was one very peculiar gentleman who dressed with a long overcoat and three piece suit that looked like it was from the 1920's. He had a gold pocket watch and wore a very unusual hat that also appeared to be an antique. The guy was genuinely unusual and walked with a bad limp and a cane with a skull on the top. He wouldn't talk to anyone but after he left the the quotron machine, the other older men would run up to see what he was looking at. After seeing the stocks the peculiar old fashion guy was looking, several of the office regulars would yell over the counter to buy or sell the same stocks this very unusual looking guy would pull up on the machine. Intrigued by this, i asked why they would follow this person so closely? The regulars advised me that the guy was an eccentric multi -millionaire and they had made much money by following his lead.
Thirsty for knowledge, several days later I worked up the nerve to talk to the peculiar trader. asked him how he became so successful in the stock market. He looked right at me with this very weird, creepy look. He then said, I was you, I am you, I will be you and hobbled out of the lobby. At the time this didn't really bother me because I know Charles Manson and other crazies say similar things so I just wrote it off as him being a mental patient. But every so often, particularly since I have grown older, I think about what this weird dude said to me..... truthfully, it is really starting to bother me. surf
No man is an island,
Entire of itself,
Every man is a piece of the continent,
A part of the main.
If a clod be washed away by the sea,
Europe is the less.
As well as if a promontory were.
As well as if a manor of thy friend's
Or of thine own were:
Any man's death diminishes me,
Because I am involved in mankind,
And therefore never send to know for whom the bell tolls;
It tolls for thee.
- John Donne
Entire of itself,
Every man is a piece of the continent,
A part of the main.
If a clod be washed away by the sea,
Europe is the less.
As well as if a promontory were.
As well as if a manor of thy friend's
Or of thine own were:
Any man's death diminishes me,
Because I am involved in mankind,
And therefore never send to know for whom the bell tolls;
It tolls for thee.
- John Donne
Pretty much how I trade any perceived opportunities, no point scratching 15% a year unless you have millions in your account.
You seem like a very interesting person. Do you mind sharing your story here? What's your background, market and personal history? Surf
Yes, absolutely. I dont get the folks who try to turn this into a full time job with a small personal account. They must be miserable as there are so many better /easier ways to make an income. surf
I basically live at Starbucks once am done day trading for morning and sometimes I trade from there, so same people watch me go at it. 99% of the time when folks ask me if they should quit their job and become a trader, I tell them absolutely not to try it, what most are really asking if they can sit down next to me and pump out signals and hopefully by magic the 10,000 hours plus of screen time will transfer over to them. I think they have nice jobs and even nicer wife and family at home, often those who try get hooked and lose it all plus family dog. And yes, money does buy better medical care, I been to foreign countries to stay alive, to fight for another day, what else is there? I fought and worked harder than hell to become a decent trader, not going to let some illness not allow me to rob and steal like others had done towards me cause I was inexperienced. Pisses me off when other day when guy saw I was trading and said it is so easy, push some buttons and you have couple grand. I ask him what he did and he a plumber, and I said shoot that is easy job too, using wrench to take pipes apart or run a snake throw pipes, thought he was going to have a coronary, he got so angry yelling at me, how darn me to be a small bug to tell him his job and I said exactly, what gives you the right to saying pushing a button is easy. Not till you have money on the line are you in the game. Trading is most difficult as you have not clue if you lose or make money, unlike other businesses where it is either no sales-no money, but do have losses in rent, utilities and other expenses.
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