Do you have to day trade to trade full time?

[tech/a]

simple point that most of us have overlooked

And if this is so it is deeply buried.
I might add that missing simple points is not limited then to Nun's posts.You and others look squarely at the Duck and not the content. True you may not/probably dont, understand it (The content).

but you seem to have a problem appreciating views other than your own.

Oh I see the views------

I will not entertain nor discuss Views/Ideas/Theories or Hypothesis which I know are flawed/ill informed/un researched or plain wrong.

In doing so I will and do come across at times as Rude/Blunt and Arrogant.

Time and money will be your best teacher.
I have concluded
Not I.

 

[Sean K]

I will not entertain nor discuss Views/Ideas/Theories or Hypothesis which I know are flawed/ill informed/un researched or plain wrong.

In doing so I will and do come across at times as Rude/Blunt and Arrogant.

Time and money will be your best teacher.
I have concluded
Not I.

You're right as always tech.



Hooly Dooly!!!

 

[Mr J]

And if this is so it is deeply buried.

It's clear to me, it's just casually stated.

I might add that missing simple points is not limited then to Nun's posts.You and others look squarely at the Duck and not the content. True you may not/probably dont, understand it (The content).

You're quick to criticise. You claim I miss the point of posts when you have just done that yourself. Sure, I have my flaws, but you also have yours.

 

[wayneL]

Oh I see the views------

I will not entertain nor discuss Views/Ideas/Theories or Hypothesis which I know are flawed/ill informed/un researched or plain wrong.

In doing so I will and do come across at times as Rude/Blunt and Arrogant.

Time and money will be your best teacher.
I have concluded
Not I.

Tech,

The thing is that your Views/Ideas/Theories/Hypothesis have undergone an evolution/metamorphosis over the years. I dare say this is still an ongoing process.

E.G. Once upon a time I mentioned taking low risk entries, which you argued against the existence of; subsequently you preached low risk entries on this very forum.

What hasn't changed is the self described rudeness/bluntness/arrogance. But people have memory.

Disclaimer: We are all our own unique form of muppet. Even you, even me.

 

[Bobby]

Disclaimer: We are all our own unique form of muppet. Even you, even me.

You always make me smile with your savoirfaire Wayne

 

[lukeaye]

PS. off topic is anyone who is holding longs, as scared as i am that if wall street doesnt break 9860 tonight its gonna roll?

And herein is where the difference lies.

Profitable traders dont give a crap.
Tommorow is of no concern.
My bottom line is all that matters.
I know how to maintain an ever expanding bottomline.
So what happens o/n is of no consequence---or the day after or after that.

Tech, i understand your point of view earler, that no matter what if the situation that occured, as i said it would the other night, then it would not affect your bottom line. this is true and i agree with that, given mm i would never be in a situation where if the market went against me it would drawdown my account to a very large and damaging extent. but simply what i was getting at, was that with my analysis if the 9860 wasnt closed over, the market would roll, and it did. i was was able to get out with minimul loss. this was my point of view.

 

[tech/a]

Tech, i understand your point of view earlier, that no matter what if the situation that occurred, as i said it would the other night, then it would not affect your bottom line. this is true and i agree with that, given mm i would never be in a situation where if the market went against me it would draw down my account to a very large and damaging extent. but simply what i was getting at, was that with my analysis if the 9860 wasn't closed over, the market would roll, and it did. i was was able to get out with minimal loss. this was my point of view.

Fine that's analysis which I presume is part of your trading plan.

as scared as i am

Conjures a picture not conducive with a trading plan.

 

[lukeaye]

hmm i guess so. i just dont like losing money. although i accept that i do probably 50 % of the time. But i still hurt every time. i beleive that to be a good thing, but many will argue otherwise. As long as you excersise self control and you dont run out and try to double up to make it back.

 

[tech/a]

hmm i guess so. i just dont like losing money. although i accept that i do probably 50 % of the time. But i still hurt every time. i beleive that to be a good thing, but many will argue otherwise. As long as you excersise self control and you dont run out and try to double up to make it back.

Losing money is part of the process.
You'll never (well hardly ever) get a move which is higher highs every day.
There will be pauses and you will give back some open profits.
Its inevitable.
Knowing whats a pull back and whats a change in longer term sentiment are key to successfully holding a position longer.