v8power wrote:prochargedmopar wrote:MightyOne wrote:
Why do I have to keep saying that everything is alright? It is like I am in a relationship
I used to trade with a liter of rum on my desk at all times so I am sure that most people found me to be quite abrasive...I'm sure they still do.
I learned that I am far more likely to reach a goal if I trade to it than if I try to trade through it.
Consistent small returns will always trump quick profits in the end.
It is not simply because "it is no longer kewl to do so" that I do not target sextillions, It is because it is an impossible goal.
If you sit down and ask yourself what number you are targeting and you plot a course to achieve that goal within a specific amount of time
then you will see that you need to risk next to nothing for even the most lofty of goals.
The closer you get to the target number the more you reduce your risk because it doesn't make sense to use the same size that you were using to target 100% of the goal for the last 25%. If after reducing your size you are pushed further from the goal then you can increase your size and brush your losses to the side but if you did not reduce your size then the goal may be greatly delayed.
There are certain things that you just cannot appreciate until the market kicks you in the balls a few times.
If you want to enrich lives then go to Vietnam and give $10,000 (224,000,000 Dong) to the 7 year old girl who is selling bookmarks to tourists so that her grandparents don't starve to death; it will feed her family for about 5 years.
$10,000 to an American is a brand new couch and a case of beer (my a++ thanks you...now go away!)
You nailed it,
The U.S. is a wellfare state.
Most people are like, gimme, gimme, gimme, MORE!!!
While unwilling to give anything for it.
Pro aren't you constantly asking everyone to give you more cuz you suck at trading, while unwilling to give anything for it. I hope none of your children ever have a medical condition that insurance wont cover and might die without it being paid for. But hey at least we know we have a bunch of future fast food workers with all the kids you have. We know you cant afford college for them and you talk about how lazy the oldest one is (father like son). Im sure you would be on welfare if it wasn't for your wife, who financial supports your family. She is what your 3rd already. Im sure she will eventually divorce you. But at least you can always be a loser and still dick ride MO.
You've got the wrong brother.
So far, so good on the kiddos.
Making $$ and supporting self.
College is the last place I want any of my children to go 2nd only to the military state of the republic.
4th wife is the charm.
1st died and I divorced the other two.