LeMercenaire wrote:paweldobkowski wrote:aliassmith wrote:
Ya that was a good run. It was actually 41 trades in a few hours. I didn't realize I took so many. It was fun just too bad it does have about 2 times the volume at least. Net about 160 ticks after costs. $800 per contract.
over 100 ticks in a session is really impressive
everyone can get lucky and open 1 position that'll go 100+
but if you just scalp it out of the market ---- that is skill
you need to stay focused on the process
stay consistent
dont let the pressure get to you
and ON TOP OF THAT read the market well
it takes years to put it all together
i will digress for a moment now ---- as usual
but its kinda connected
when people asked me what i do and i USED TO tell them
i often got the classic: "but in the end of the day its gambling right?"
meanwhile if you ask them about buying real estate for future profit its not gambling
because THEY KNOW the price will appreciate
if you ask about the companies developing products for millions of dollars and putting them out
its not gambling because its a product and companies KNOW what they are doing
like nobody lost money in real estate?
where does the money come from to those who profit?
there was no company which went bankrupt after a product lunch?
i got at least 8 years of those kind of conversations under my belt
and for the past maybe 5?
i just stopped telling people what i do
its beyond me
and seeing money dont convert them either!
because "there are lottery winners", "everyone can get lucky"
FKN OF COURSE
PLENTY OF PEOPLE WINNING LOTTO EVERY WEEK FOR 1, 2, 5, 10, 15 YEARS
so as i was saying
great job on that NQ man lol
It's definitely a pattern of behaviour that holds strong amongst so many people - usually those who have had to endure the relentless grind of daily 9 to 5 since they left school and who resent the hell out of those who don't have to.
To this day, I still remember a wedding and with a
very expensive car parked outside being asked by a far-removed (though not far enough) family member, ''So what are you up to these days, still nothing?''
The comment drove me on harder still and though I am well past giving a s*** about most things now, every so often, it still crosses the back of my eyes.
geeez
that is BRUTAL
what a piece of sht
most of the time people are passive agressive
but from time to time you get this special one
i got a similar story that i think about sometimes
it was way back ---- in the beggining
i was about 2 - 3 years in
which is a lot for a person but not a lot in terms of trading years
so i talked with someone that is actually quite close in my family (i still meet him ~twice a year during holidays and stuff)
he had a history of putting money into the market ONCE and losing it all ---- which always breeds best conversations
but i didnt know
and at the time i wasnt really making money (i got some good periods but mostly putting all my money into this)
i just really enjoyed to trade
and i was going "all in" at it
and you know how it is ---- you are scared
you are scared that you will just put the years of your life into something that wont work
so i opened up about my doubts to this guy
i said that im anxious about this trading thing but i will make it work
and he just started laughing and said: "yeah, you never will" and walked off
LIKE IN A FKN MOVIE ---- HEY GUY, ARE WE SHOOTING THE NEW "SUITS" EPISODE HERE?
anyway to be honest i was devastated
at the time i had no experience of people being just so outright negative
i ASSUMED he had good intentions behind that statement
i felt like the biggest fool for chasing this stupid unattainable idea
fortunately enough few weeks later someone just told me
that he was a TRADER for a month and lost shtload of cash
so i realized he was yet another bitter c*nt
over time he developed a very healthy drinking problem
so i guess we might have our differences
but between now and then we both went head first after what we love lol
IS A LIE__________