YM Traders

Quote from joeyata1:

stopped out fast. this game is about taking shorts and sttrict money mangement. the difference between winning and losing is who stops his losers out

thanks joe.
 
Quote from porgie:

Charles,

Please back off...we are not interested in the real truth of this business....we are cheerleading here and don't appreciate being told cold hard facts..........remember u must always begin trading with multiple contracts....study dead charts and forums for a couple of months, and throw the account at it....NOW....never listen to liars/losers? like porgie..forget risk/reward and such loser rules..... .......we must take huge risks to make money...get it?? if we remove the risk, we can't gamble....

I'll try to be less objective.

Don't worry. There is an evil side of me that loves to gamble also. I try to put that sucker in a locked box, but it escapes from time to time.

Charles
 
do what ur system tells u to do.......if it is not dependable work on it until you have real confidence in it....a 20 pt capture would cover at least 4 bad trades for my system.....think about the risk/reward ratio......I certainly admire your tenacity .....and courage....seriously.....I had that once....and am rebuilding emotionally as we speak....
 
Charles,

I too have the gambling thrill just beneath the surface. That is why I developed a pure mechanical system with extremely high accuracy and extremely low risk....4 1/2 yrs. to develop....if it continues to final backtest as has for last 2 weeks, I will be through testing, thank God......then the emotional repair must take place. Confidence is in place, just the million pictures I have seen with most of them telling me something about this market......the names I have been called mean nothing anymore, the ego is non existent, the big mouth boasting about what i am going to do, or woulda, coulda, shoulda, done is history.....part of learning this business......stops are one of the biggest issues to deal with....I have that resolved.....not bragging...Paid a huge price for everything I know about my system and this market......I would never recommend to anyone that they pursue it as I have...I wanted perfection and am close but that is not advisable to pursue.....just find one market and a good system and trade it....and grow the skills...loneliness is the only reason I post here.......I would love to give JMowery and others my system but it is only for my family.....would you give away the family fortune? to strangers?
 
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