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  • #681,941
  • Aug 20, 2012 9:46am Aug 20, 2012 9:46am
Quoting Toranaga
High Frequency trading
Traders look for "reasons" why a market does what it does. And most of the times are just guessing.

My advice, don't bother.
  • #681,942
  • Aug 20, 2012 9:47am Aug 20, 2012 9:47am
Quoting divak
rather Hedge Fund Traders...
High fu*kups trading
  • #681,943
  • Aug 20, 2012 9:48am Aug 20, 2012 9:48am
Quoting SunTrader
Traders look for "reasons" why a market does what it does. And most of the times are just guessing.

My advice, don't bother.
yup, agreed,always guessing
  • #681,944
  • Aug 20, 2012 9:50am Aug 20, 2012 9:50am
Quoting SunTrader
Traders look for "reasons" why a market does what it does. And most of the times are just guessing.

My advice, don't bother.
But you must know, 98% ppl here in this thread are consistantly profitable
  • #681,945
  • Aug 20, 2012 9:56am Aug 20, 2012 9:56am
Quoting BlueGas
But you must know, 98% ppl here in this thread are consistantly profitable
Oh yeah. The shlongers.

The ones shouting buy but somehow turned it in to a short or vice versa.
  • #681,946
  • Edited 10:02am Aug 20, 2012 9:59am | Edited 10:02am
Quoting SunTrader
Oh yeah. The shlongers.

The ones shouting buy but somehow turned it in to a short or vice versa.
They sure have fast fingers or imagination
2345 has to hold for my shorts, if we get there
edit. lol, just got it, shlongers
  • #681,947
  • Aug 20, 2012 10:05am Aug 20, 2012 10:05am
No guarantee of course but I think it will hold.

Think, might and especially probably are not said very often.

Know-it-alls don't have those words in their vocabulary.

Maybe because most "traders" believe they need to be certain. It takes time and patience to understand that you don't.
  • #681,948
  • Aug 20, 2012 10:08am Aug 20, 2012 10:08am
Quoting SunTrader
No guarantee of course but I think it will hold.

Think, might and especially probably are not said very often.

Know-it-alls don't have those words in their vocabulary.

Maybe because most "traders" believe they need to be certain. It takes time and patience to understand that you don't.
The market is the only thing that is certain.
  • #681,949
  • Aug 20, 2012 10:10am Aug 20, 2012 10:10am
Quoting SunTrader
No guarantee of course but I think it will hold.

Think, might and especially probably are not said very often.

Know-it-alls don't have those words in their vocabulary.

Maybe because most "traders" believe they need to be certain. It takes time and patience to understand that you don't.
wouldnt be so sure, if its not today.. it will go tomorrow after release.
  • #681,950
  • Aug 20, 2012 10:10am Aug 20, 2012 10:10am
Quoting SunTrader
No guarantee of course but I think it will hold.

Think, might and especially probably are not said very often.

Know-it-alls don't have those words in their vocabulary.

Maybe because most "traders" believe they need to be certain. It takes time and patience to understand that you don't.
Yeah, still loving this quote from the book and read it every day: "phantom of the pits":

1.In a losing game such as trading, we shall start against the majority and assume we are wrong until
proven correct! (We do not assume we are correct until proven wrong.)
Positions established must be reduced
and removed until or unless the market proves the position correct! (We allow the market to verify correct
positions.)

2. Press your winners correctly without exception
  • #681,951
  • Aug 20, 2012 10:13am Aug 20, 2012 10:13am
this is the time of the day you would end up giving all back if trading now.
  • #681,952
  • Aug 20, 2012 10:15am Aug 20, 2012 10:15am
i already put stop at BE, if it goes it goes, will wait for tomorrow and see what kinda range asia creates, kinda have a feeling we will go for highs for one more time, hope im wrong
  • #681,953
  • Aug 20, 2012 10:17am Aug 20, 2012 10:17am
Quoting pkimnyc
this is the time of the day you would end up giving all back if trading now.
Explain....Is it all the traders in NYC are coming back from lunch?
  • #681,954
  • Aug 20, 2012 10:18am Aug 20, 2012 10:18am
Quoting BlueGas
i already put stop at BE, if it goes it goes, will wait for tomorrow and see what kinda range asia creates
Comrade , you sound like defeat is inevitable ? R u disbelieving or panic got the best out of you !
"It's the Margin, Stupid."
  • #681,955
  • Aug 20, 2012 10:19am Aug 20, 2012 10:19am
Quoting MeInGraySuit
Explain....Is it all the traders in NYC are coming back from lunch?
londons gone. thin market means trapping contracts (longs and shorts), so called range at best.
  • #681,956
  • Aug 20, 2012 10:20am Aug 20, 2012 10:20am
Quoting MeInGraySuit
Explain....Is it all the traders in NYC are coming back from lunch?
Its the time of the day when volatility stops, not quite likely we will get any major moves now
  • #681,957
  • Aug 20, 2012 10:21am Aug 20, 2012 10:21am
Quoting pkimnyc
londons gone. thin market means trapping contracts (long and shorts), so called range at best.
How boring....I thought you would of told us what you had for lunch!
  • #681,958
  • Aug 20, 2012 10:22am Aug 20, 2012 10:22am
Quoting BlueGas
Its the time of the day when volatility stops, not quite likely we will get any major moves now
If you knew that and there will not be any major moves - which mean the day is done, why you took short position half an hour after London closet !

Just asking
"It's the Margin, Stupid."
  • #681,959
  • Aug 20, 2012 10:24am Aug 20, 2012 10:24am
Quoting Vachus
Comrade , you sound like defeat is inevitable ? R u disbelieving or panic got the best out of you !
Does it matter? all i know i have to preserve my capital, and at this time of the day im not willing to give back, got some nice pips today, but i really dont like to post it here quite that often anymore, because everyone takes you as an idiot, my money my trading, i have nothing to prove to anyone, but myself, understood?
  • #681,960
  • Aug 20, 2012 10:24am Aug 20, 2012 10:24am
Quoting MeInGraySuit
How boring....I thought you would of told us what you had for lunch!
Sorry to disappoint.
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