Why Do We Trade? For Real.

[i am nobody]

Hmmmm, personal attacks again because i have destroyed your god and hope---- arch crawford has the number one most accurate newsletter of all time based upon on astro and that doesnt mean astro makes sense-- Any evidence for dart finance, moron? Go back to your cubicle or hovel.

Well, the dart was a joke on your astrological thing. But if you see that as a personal attack I cannot help you.
But you cannot deny that all the time you tell about all the rich people you know that became so rich because they made the right choice. Which was surely not TA. If they all became so successful following a theory that you underwrite, then it is at least very strange that you are not as successful as they are. Compare this remark to the remarks you make: show me proof, all TA'ers are losers, you should be very rich by now.....
You know everything and all people that contradict you are idiots. But you are not able to put your theory in practice successfully.
I see some of your remarks as denigrating and personal attacks too. But I never called you a moron or idiot. Maybe a result of another kind of education.

 

[i am nobody]

Hmmmm, personal attacks again because i have destroyed your god and hope---- arch crawford has the number one most accurate newsletter of all time based upon on astro and that doesnt mean astro makes sense-- Any evidence for dart finance, moron? Go back to your cubicle or hovel.

I am daytrading but because I would like to take much bigger positions I am testing my tradingplan on longer term trades. I took 1 ES short (always start slowly till real trading confirms what I think will happen) beginning of March at 2110.50. Margin for this contract 5000$ and stop at 10 points. Almost from start in profit. Never was 2 points in open loss.

Last Monday I posted on ET that I was short longer term, but I posted this in a hidden way because I don't really want to post what I do. You can find this posting here: http://www.elitetrader.com/et/index...ding-for-a-living.289259/page-14#post-4096448

At this moment this short is making me a profit of around 3700$, or in other words this month already up 74% (on margin of 5000$)

I am sure that TA works. But what you do, and I don't, is tell that what others do is not working. I know that I am not smart enough to make such a statement, but you continuously say TA does not work. It is not because not many people can make money with TA that TA does not work. TA does not work for EVERYBODY, but nothing works for EVERYBODY.

You will surely find reasons why I make money and I know now already that it can be anything except of TA, because TA is impossible. And probably a lot of luck. And I know ....if I am so good I should be richer than Buffett. You can also say that I did not do this trade of course, but I posted I was short almost 1 week ago.

 

[Blueline]

Do people mainly trade for the money (the result), for fun (the process) or something else?

I say initially, the great majority are attracted to the markets because of money. Some will evolve (due to losing) and will seek that deeper understanding. Most just give up.

I don't think you can put money and (the result) together because there is a "gap" there.
Result comes after change (evolve) and not before.....so dbphoenix is right "profits are the result, not the cause"

What am really interested is that change (evolve) and how effective it can be for those who can maximise it against the markets.

 

[marketsurfer]

I am daytrading but because I would like to take much bigger positions I am testing my tradingplan on longer term trades. I took 1 ES short (always start slowly till real trading confirms what I think will happen) beginning of March at 2110.50. Margin for this contract 5000$ and stop at 10 points. Almost from start in profit. Never was 2 points in open loss.

Last Monday I posted on ET that I was short longer term, but I posted this in a hidden way because I don't really want to post what I do. You can find this posting here: http://www.elitetrader.com/et/index...ding-for-a-living.289259/page-14#post-4096448

At this moment this short is making me a profit of around 3700$, or in other words this month already up 74% (on margin of 5000$)

I am sure that TA works. But what you do, and I don't, is tell that what others do is not working. I know that I am not smart enough to make such a statement, but you continuously say TA does not work. It is not because not many people can make money with TA that TA does not work. TA does not work for EVERYBODY, but nothing works for EVERYBODY.

You will surely find reasons why I make money and I know now already that it can be anything except of TA, because TA is impossible. And probably a lot of luck. And I know ....if I am so good I should be richer than Buffett. You can also say that I did not do this trade of course, but I posted I was short almost 1 week ago.

Ok, makes sense. surf

 

[marketsurfer]

I say initially, the great majority are attracted to the markets because of money. Some will evolve (due to losing) and will seek that deeper understanding. Most just give up.

I don't think you can put money and (the result) together because there is a "gap" there.
Result comes after change (evolve) and not before.....so dbphoenix is right "profits are the result, not the cause"

What am really interested is that change (evolve) and how effective it can be for those who can maximise it against the markets.

Many start out with big wins in the market. Beginners luck or whatever. So for some the money comes first.

 

[WWarrior]

For successful achievement of every goal it's extremely important to have a clear understanding of that goal. What exactly you want to achieve in every detail.

Process of asking yourself this question can help motivate yourself much better as well as reveal possible embarrassments, which prevent the goal from being achieved.

In this context: why do you trade?

Trading gave me the freedom to not work with ego idiots in the workplace, mainly management

 

[NoDoji]

Hi ND

Are your edges based on past price charts?

Thanks,

surf

Bro Surf, I've been posting my edges on ET for years now and I've offered several complete step-by-step illustrations of my best edge ever. Aren't you paying attention???

Once again (sigh), I'll share my number one edge:

http://www.ask8ball.net/

 

[i am nobody]

So we use the same system? I ask this at the start of March.

 

[cornix]

Seriously, why does it matter? What does somebody else's motivation have to do with why *you* trade?

It has a lot to do with why one wins or loses. Which interests me in scientific sense.

 

[cornix]

We do this because we believe -- or want to believe -- that we can. Same reason we walk into a casino. When we are then presented with evidence that maybe we can't, there is at the very least a readjustment to expectations. Sometimes a blow to the ego, depending on how emotionally stable the individual is. Sometimes a devastating blow. Therefore, anyone who thinks that the solution lies in slapping an MA on the chart or trading a different bar interval just doesn't understand what's going on. At some point one has to ask himself OK, Ace, just who the hell do you think you are? Eventually, it is to be hoped, one realizes that while he is in complete control of how to play the hand, the market is the dealer. This injects a necessary dose of humility.

Here it gets much more interesting!

So do many trade to prove something (to themselves or others)?