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The Really Useless Thread

  • #16,921
  • Sep 23, 2011 12:16am Sep 23, 2011 12:16am
Quoting PayTheLimit
useless assets...
Hey...I saw what you did there!

Jackass!
  • #16,922
  • Sep 23, 2011 12:17am Sep 23, 2011 12:17am
Quoting kenfen69
Never lose!
And
Never sleep

Morning
  • #16,923
  • Sep 23, 2011 12:19am Sep 23, 2011 12:19am
Quoting OldQuant
Big fan of the islands. And of reggae. I was embarrased I didn't know Jimmy Cliff, but I couldn't play You Tube on that old machine is my only excuse.
Good stuff, Q!

I forgot about the machine. Will let you away with it this once.

And I said...once!

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  • #16,924
  • Sep 23, 2011 12:19am Sep 23, 2011 12:19am
Quoting Larseg


whats number 1 reason for failing though? have to be SL...
I'd have to say, the number one reason that I saw on the desk, was overtrading, followed by a close second of over leveraging. I mean most people cant get over the idea of trying to make every tick of every move.
I'd have to say SL's probably kept most people in the game a lot longer than having not used SL's.
Look Sharp/Trade Tight
  • #16,925
  • Sep 23, 2011 12:20am Sep 23, 2011 12:20am
i know i know i said i will take the rst of the week off, but it was such an obvious trade i hade to take it Damn ,, itchy fingers
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  • #16,926
  • Sep 23, 2011 12:21am Sep 23, 2011 12:21am
Quoting Magix
We are below support now, but my M5 is starting to look topside hungry...

We should just hammer into full on sales mode according to the M1 though, at least to double tap new support...
Hello wise man
Where have u been?!
Not seeing u much this days? And less posts!
Hope all ok
  • #16,927
  • Sep 23, 2011 12:21am Sep 23, 2011 12:21am
Quoting egkid
And
Never sleep

Morning
Yo eg!

Felt like I slept for a week last night! Rolling into Friday with FAR too much energy. Three beers hasn't even put a yawn in me.

Ready to roll?
  • #16,928
  • Sep 23, 2011 12:21am Sep 23, 2011 12:21am
yesterdays mid here at 3492...
Look Sharp/Trade Tight
  • #16,929
  • Sep 23, 2011 12:22am Sep 23, 2011 12:22am
Quoting kenfen69

Felt like I slept for a week last night! Rolling into Friday with FAR too much energy. Three beers hasn't even put a yawn in me.
Why dont you ask Magix to pour us a few shots of Wild Turkey then...
Look Sharp/Trade Tight
  • #16,930
  • Sep 23, 2011 12:23am Sep 23, 2011 12:23am
Quoting PayTheLimit
I'd have to say, the number one reason that I saw on the desk, was overtrading, followed by a close second of over leveraging. I mean most people cant get over the idea of trying to make every tick of every move.
I'd have to say SL's probably kept most people in the game a lot longer than having not using SL's.
Ok, interesting.

Makes sense though, the leverage I mean. Cause that's why you start trading: to grow equity, not to make a living from your already massive equity...

Did you have a look at the percentage of those who made it and not?
  • #16,931
  • Sep 23, 2011 12:24am Sep 23, 2011 12:24am
Quoting egkid
Hello wise man
Where have u been?!
Not seeing u much this days? And less posts!
Hope all ok
Taking things a little slower these days EG.....been less on the posts, heavier on the trades and wanting to be done this year by the end of November...I fecking hate Christmas charts..

I been keeping up with your posts...very well done my brother, very well done!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #16,932
  • Sep 23, 2011 12:24am Sep 23, 2011 12:24am
Quoting PayTheLimit
just like I know Buckhorn, Stoner, Stanley, Kamloops, and Frasier...if you trade lumber, you gotta know some people in BC...
Fish in the barrel price action, buddy. Load it on a panamax in BC, you'd have it over there by Christmas.
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  • #16,933
  • Sep 23, 2011 12:25am Sep 23, 2011 12:25am
Quoting PayTheLimit
Why dont you ask Magix to pour us a few shots of Wild Turkey then...
Wild Turkey is mah Fav-0-rite!

I fucking love that stuff...

It's amazing how fast my old high skewl buddies take flight when I ask the bar keep to just bring over the bottle...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #16,934
  • Sep 23, 2011 12:25am Sep 23, 2011 12:25am
Quoting PayTheLimit
I'd have to say, the number one reason that I saw on the desk, was overtrading, followed by a close second of over leveraging. I mean most people cant get over the idea of trying to make every tick of every move.
I'd have to say SL's probably kept most people in the game a lot longer than having not using SL's.
SL's at least give pause. Time for a smoke...a shit or a piss...cold water in the face...a look in the mirror...or all of the above.

Over-leverage...clean out your locker.

Over-trade...same as above...maybe a week later, unless you're doing some of the above and using foolish SL placement.
  • #16,935
  • Sep 23, 2011 12:25am Sep 23, 2011 12:25am
Quoting Larseg
Ok, interesting.


Did you have a look at the percentage of those who made it and not?
Back in my day, I'd say it was close to 95%, didnt make it. I think those numbers might have improved now with more timely information and executions, and lower operating costs.
Look Sharp/Trade Tight
  • #16,936
  • Sep 23, 2011 12:27am Sep 23, 2011 12:27am
EJ hanging on to the M5 support line as well...

Frankie on in a half, these bitches holding support...hrmmmmmmm

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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #16,937
  • Sep 23, 2011 12:28am Sep 23, 2011 12:28am
Quoting kenfen69
Yo eg!

Felt like I slept for a week last night! Rolling into Friday with FAR too much energy. Three beers hasn't even put a yawn in me.

Ready to roll?
Need cafe my mind still off
1.35 going to 1.33 then Up E/U

Cafe then review my chart to know what's going on
  • #16,938
  • Sep 23, 2011 12:28am Sep 23, 2011 12:28am
Quoting PayTheLimit
Back in my day, I'd say it was close to 95%, didnt make it. I think those numbers might have improved now with more timely information and executions, and lower operating costs.

Yep,

I have always though that was just a number (think I saw 90% one place last year)...

Doesn't really matter though as long as we know to focus and don't fall in there
  • #16,939
  • Sep 23, 2011 12:28am Sep 23, 2011 12:28am
Quoting OldQuant
Fish in the barrel price action, buddy. Load it on a panamax in BC, you'd have it over there by Christmas.
My pappy used to cart that shit ALL over the world.

Funny stuff. I learned to walk at sea...literally. Deep sea vessels.

Grew up hearing about BC....Vancouver. Lumber mecca. Same shit on salmon, too. Can't be shipped to Japan quick enough.
  • #16,940
  • Sep 23, 2011 12:31am Sep 23, 2011 12:31am
Quoting PayTheLimit
Why dont you ask Magix to pour us a few shots of Wild Turkey then...
Gobble, fecking gobble!

And THAT, my friends is what...

oh wait?
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